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Climate Change and the Nigerian Economy

Nigeria found it difficult to squeeze out N2.45 Trillion which represents 23.7% of its 2020 budget owing to the Nigeria’s debt profile of over N24 Trillion. Its crude oil reserves of 36 billion barrels (36,972 x 1,000,000) is ranked second largest in Africa, the eighth largest among OPEC nation and the 10th largest in the world.