The chart below shows the percentage of total government revenue from oil in Nigeria between 1967 and 1990.

Based on the information in the chart, what conclusion can be drawn about the oil industry in Nigeria?

A: Nigeria was generating less revenue from oil in 1987 compared to pervious years.
B: Nigeria was generating greater revenue from oil in 1990 compared to previous years.
C: Nigeria’s oil revenue peaked during 1975.
D: Nigeria’s oil revenue decreased during 1987.

According to the graph, we can say that Nigeria was generating greater revenue from oil in 1990 compared to previous years. If we look on the table, we can see how the oil industry has covered more of the economy, so if it went down, Nigeria would get in serious economical problems.

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Parrain Parrain · Answer 2 · 2022-01-31T17:30:11+01:00

The information in the chart shows that B: Ni-geria was generating greater revenue from oil in 1990 compared to previous years.

Information from Chart

Shows that Ni-gerian revenue from oil kept increasing over the years.
Showed that 1990 saw the highest increase in revenue with 97.24% of government revenue coming from oil.

This shows that the N-igerian government became heavily dependent on oil and would suffer greatly when oil prices dropped.

In conclusion, option B is correct.

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