The Minister of Finance, Zainab Ahmed, has stated that Nigeria no longer depends on oil revenue, compared to 2016, a year after President Muhammadu Buhari’s administration started.
Ahmed said in 2016, oil revenue accounted for 70 per cent of Nigeria’s total earnings, while non-oil revenue was 30 per cent, however, both revenue streams have switched sides.
She made this known on Wednesday while breaking down the 2023 budget that was signed by President Muhammadu Buhari on Tuesday at Aso Villa.
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