|Period||Oil Revenue||Non Oil Revenue||Total Revenue|
The total federally collected revenue for the year ended 2019 stood at N10.26 trillion, 7.44% increase compared to N9.55 trillion generated in 2018 and 37.84% compared to N7.45 trillion in 2017.
Oil revenue dipped by 0.16% in 2019 from N5.55 trillion generated in 2018 to N5.54 trillion while Non-oil revenue stood at N4.73 trillion, 17.96% increase compared to N4.01 trillion recorded in 2018.
The decline in oil revenue was characterized by decline recorded in global oil prices.
Data source: Central Bank of Nigeria
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