THE PERFORMANCE OF THE OIL SECTOR ON ECONOMIC GROWTH IN NIGERIA
Abstract Indeed, the oil industry plays a significant role in the recipient countries' economic development. Therefore, for strategic reasons, the majority of oil-rich countries spend their oil sector profits in non-oil businesses. However, the realism of achieving this goal in the context of the Nigerian economy has become murky during the previous 50 years. The way that such oil wealth has been used in Nigeria so far has been highly ...
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