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Abuja — Nigeria earned a total of N4.733 trillion from the oil and gas sector in 2020, according to data obtained from the Central Bank of Nigeria (CBN), dropping by 14.57 per cent, compared to N5.536 trillion recorded in the 2019. According to data obtained from the CBN’s Quarterly Economic Reports, oil earnings accounted for 50.82 per cent of total federally-collected revenue of N9.314 trillion recorded in 2020. Giving a breakdown of revenue from the petroleum industry in 2020, the CBN stated that in the first, second, third and fourth quarter, the country earned N1.523 trillion, N1.27...

It’ll be a disservice if APC denies South-West presidential ticket in 2023 – Aluko, Ekiti ex-deputy gov Published 31 January 2021 Former deputy governor of Ekiti State and chieftain of the All Progressives Congress in the state, Chief Abiodun Aluko, tells ABIODUN NEJO his thoughts on governance in the state and his take on the 2023 presidential election Y ears ago, you were a deputy governor on the platform of the Peoples Democratic Party, why did you leave the party for APC? My concept of party politics and democracy is lacking in the PDP. Politics is all about decision-making, conflict...