ABSTRACT The global oil price in recent years has been on a downward slope which has affected many developed and developing countries. During the fourth quarters of the year 2020, amidst the pandemic, the global oil price dropped drastically, the price as at that time was $21pb. Hence, this study investigates the impact of the dwindling oil price on the Nigeria economy. The oil revenue has been the major source of Nigeria revenue over the years due to the Government inability to develop ot...
