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Oil industry in Nigeria - statistics & facts | Statista
Oil was discovered in Nigeria in 1956, with production starting in the late 1950s. In the following decade, oil exploration was open to foreign companies and by then, with some exceptions due...
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Petroleum industry in Nigeria
Nigeria is Africa's largest oil producer and has been a member of the Organization of Petroleum Exporting Countries since 1971. The Nigerian economy is heavily dependent on the oil sector, which, accounts for over 95 percent of export earnings and about 40 percent of government revenues, according to the International Monetary Fund.
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Oil output, exports and revenue in Nigeria, 1960-2009
Anthony Enisan Akinlo. This study assesses the importance of oil in the development of the Nigerian economy in a multivariate VAR model over the period 1960-2009. Empirical
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