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22 May, 06:03

What is Nigeria's major source of income?

revenue from petroleum

taxes on property and income from citizens

revenue from agricultural exports

loans from more developed nations

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Answers (1)
  1. 22 May, 08:40
    0
    Revenues from petroleum.

    Explanation:

    Oil or petroleum exports are the main source of revenue and foreign exchange earnings for the Nigerian state. Nigeria had a GDP of $376.4 billion in 2017. Industry makes for 22.5 % of the GDP (2017).
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