Nigeria ends 14-year oil dependence as non-oil revenue hits 75 percent

Keypoints Main Story Nigeria has officially broken its long-standing fiscal reliance on crude oil, according to a March 2026 report by Quartus Economics. The report reveals that for the first time in 14 years, the country’s federal budget is primarily supported by non-oil sources, which now contribute three-quarters of all collected revenue. This transformation marks … Continue reading Nigeria ends 14-year oil dependence as non-oil revenue hits 75 percent