The Impact Of Dwindling Oil Price On The Nigeria Economy

64 pages ID: BFN1650

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DepartmentBanking and Finance
TypeProject
Pages64
Reference StyleYES
FormatMS Word & PDF
Reference No.BFN1650

Abstract

ABSTRACT The global oil price in recent years has been on a downward slope which has affected many developed and developing countries. During the fourth quarters of the year 2020, amidst the pandemic, the global oil price dropped drastically, the price as at that time was $21pb.  Hence, this study investigates the impact of the dwindling oil price on the Nigeria economy. The oil revenue has been the major source of Nigeria revenue over the years due to the Government inability to develop other sectors. Also, the oil price has been used by the Nigerian government as the benchmark for its budge…

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Full material

₦ 5,000 $(29)
Pages64
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