Homework here: why did Nigeria’s gross earnings from crude oil export look this way*?
- 2010 — US$60.90Bn
- 2011 — $90.41Bn
- 2012 — $98.63Bn
- 2013 — $75.07Bn
- 2014 — $74.74Bn
- 2015 — $34.93Bn
- 2016 — $27.02Bn
- 2017 — $36.06Bn
- 2018 — $49.51Bn
- 2019 — $47.86Bn
- 2020 — $26.09Bn
- 2021 — $36.05Bn
(Foreign Trade Statistics, National Bureau of Statistics, Obiaraeri, N.O.)
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A: The price of oil crashed from 2015.
B: Nigeria experienced more lootings on oil revenue, from 2015.
C. Oil output dropped (could be due to oil theft, oil spills, etc), from 2015.
D: All of the above
E: Only B and C
Answer: what is your answer?
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