Most read articles by the same author(s)
Umar Mohammed Ali , The Significant Of Economic Activities Around Lake Alou Area Of Borno State , The American Journal of Social Science and Education Innovations: Vol. 3 No. 09 (2021)
30-09-2021
66-68
105
24
Oil Revenue And Economic Development In Nigeria
The study examined the oil revenue and economic devolopment in Nigeria’s, the first attempt towards the discovery of oil was made in 1905 by a German Company operating in Nigeria called Nigeria Bitumen corporation. However due to eruption of first world war made the initial effort futile. It was after thirty years, in 1938. The study reveal that Nigeria depend on the fuels and also generating more revenue as a income when exporting products to abroad . It also help in correcting balance of payments and also balance of trade.
