JAMB - Economics (2019 - No. 74)
The oil boom between 1970 - 1980 caused the oil sector to become____________
the main source of government
management of spillage and pollution
protection to the local operators in the petroleum industry
decrease in the rate of inflation
Explanation
The oil booms caused the oil sector to become the ministry of the nigeria economy not only in terms of foreign exchange earnings but also the main source of government revenue.
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