Nigeria's States Take Strain as Oil Price Falters
Governor of Lagos State Babatunde Fashola says the recent developments in the country is forcing state governments to source internally generated revenue.
-
Nigeria:
Falling Oil Price Takes Toll on States
Independent (Lagos), 1 December 2014
It was in 2011 when a motion sponsored by Senator Olubunmi A. Adetunmbi, (Ekiti North) for debate in the Senate highlighted the serious and distressing financial crisis in Nigeria. Read more »
Lagos, Nigeria
InFocus
-
Falling international oil prices are eroding Nigeria's external reserves, according to figures from the Central Bank of Nigeria. The country's Independent Petroleum Marketers ... Read more »
-
Central Bank Governor, Lamido Sanusi has raised concern over the falling of oil prices and domestic energy output due to declining global demand. Read more »