There are four things the federal government can do to reduce the impact of the oil price crash on the economy.
Analysts say the government must now wean itself off oil, beef up its buffers, tighten adjustment mechanisms and diversify revenue streams.
From decade to decade, Nigeria is forced to relearn the same hard lesson: When oil prices fall, the economy suffers. Government income drops, budget deficits grow, and the country borrows more money to fill the gap.
The crashes of 1986, 2008, 2014, and now 2025 have each exposed just how
