What is Nigeria's major source of income?

revenue from petroleum

taxes on property and income from citizens

revenue from agricultural exports

loans from more developed nations

Question

Andres Mcbride

Geography

19 October, 10:16

What is Nigeria's major source of income?

revenue from petroleum

taxes on property and income from citizens

revenue from agricultural exports

loans from more developed nations

+1

Answers (1)

Know the Answer?

Lane · Answer 1

Revenues from petroleum.

Explanation:

Oil or petroleum exports are the main source of revenue and foreign exchange earnings for the Nigerian state. Nigeria had a GDP of $376.4 billion in 2017. Industry makes for 22.5 % of the GDP (2017).

What is Nigeria's major source of income?revenue from petroleumtaxes on property and income from citizensrevenue from agricultural exportsloans from more developed nations

What is Nigeria's major source of income?

revenue from petroleum

taxes on property and income from citizens

revenue from agricultural exports

loans from more developed nations