Nigeria: No longer an oil state?

Authors: Sarah Burns & Olly Owen
Publisher: Oxford Martin School
Date: August 2019

Abstract:

Oxford Martin School Working Paper

While there is much speculation about Nigeria’s probably post-oil future, it is in fact already a present reality: In 2015, for the first time since 1971, Nigeria’s public finances had already earned more from non-oil sources than from oil revenues. The transformation to a post-oil future is already in the past.