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Economic Diversification and Fiscal Sustainability of Oil-Producing States: A Case Study of Bayelsa State
This report analyses the economic diversification and fiscal sustainability of oil-producing states in Nigeria, using Bayelsa State as a case study. The global transition from fossil fuels to renewable energy presents significant challenges for economies heavily dependent on oil and gas revenue. In Nigeria, the Federal Accounts Allocation Committee accounts for more than 80% of the income generated by oil-producing states, making them particularly vulnerable to fluctuations in global oil prices.
bookPages: 45
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Category: Publication
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