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Intereconomics

, Volume 10, Issue 10, pp 321–324 | Cite as

The impact of petroleum on the balance of payments

  • Olufemi Fajana
Articles Nigeria
  • 15 Downloads

Abstract

Nigeria’s transformation from a predominantly agricultural to an oil economy has had many significant social and economic effects. In this paper, an attempt is made to analyse one of such effects: the impact on the country’s balance of payments.

Keywords

Foreign Exchange Trade Balance Export Earning Crude Petroleum National Development Plan 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© HWWA and Springer-Verlag 1975

Authors and Affiliations

  • Olufemi Fajana
    • 1
  1. 1.Lagos

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