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Nigeria’s Oil Revenue and the Federal Budget: How Much Crude Actually Funds the Government in 2026, Sept-Dec 2026 Data Review

Nigeria's Oil Revenue and the Federal Budget: How Much Crude Actually Funds the Government in 2026

Summary: Nigeria oil revenue and the federal budget in 2026 are moving in different directions. Crude prices are far above what the budget assumed, but production is still short of target. Bonny Light was priced at $119.38 on 23 September 2026 against a budget benchmark of $64.85, yet August output of about 1.68 million barrels … Read more