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Nigeria oil revenue

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Tinubu Approves Write Off of $1.42bn, N5.57tn NNPC Debt to Federation

President Tinubu approves the cancellation of over $1.4bn and N5.5tn in NNPC debts after reconciliation of long standing obligations.
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Nigeria’s Crude Earnings Slump 43% Despite Output Recovery

Nigeria’s crude earnings plunged 43 percent in 2024, exposing fiscal strain and transparency gaps despite higher production and naira-driven gains.

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