According to the NUPRC, one of the reasons for thedecline was the temporary shutdown of the Forcados terminal, which Shell, the operator, said in mid-July on suspicions of a leak.
During Trump's initial presidency, the Federal Reserve raised interest rates, peaking at 2.5% in 2018 before cutting them near zero by March 2020 to counteract the economic effects of COVID-19.
The inability to manage Nigeria's wealth over the years has been identified as the main reason for thedecline of the country's economy over the years. Before 2015, the country had generated billions of dollars in forex.
The key parameters and assumptions adopted for the 2018 Budget of Consolidation as set out in the 2018-2020 Medium Term Expenditure Framework and Fiscal Strategy Paper include crude oil price benchmark of $45 per barrel; oil production estimate
Working together to achieve this mandate is the main thrust of our gathering here today "Further to the PIA and the2020 Bid Round, 50 Marginal fields have been converted to Petroleum Prospecting Licenses (PPLs), together with a minimum work
But Manchester City overcame Arteta's team to win the title due to a decline in performance in the closing stages. A new unwelcome record was set by Arsenal's 248 days at the top without winning the title.
The WHO is one of the biggest donor agencies and health financiers in Nigeria. For instance, the health body approved $5.84 billion for Nigeria in 2020-2021 alone.
This eating style has been termed the MIND diet, a cross between the Mediterranean diet and DASH diet, created to support heart health. A 2020 study found that the MIND diet may contribute to cognitive resilience in the elderly.
With Trump-era funding cuts and the subsequent decline of USAID, Africa is now grappling with widening gaps in health financing, exposing the vulnerabilities of its healthcare system.
In July, 2020, the Senate proposed the raising of the punishment for the offence of kidnapping from the former maximum punishment of 10 years imprisonment to life jail.
This represents continuation of the upward trend in spending on foreign education and health services, which commenced in 2023, after a three year decline from 2020 to 2022.
Gates stepped down from the board of Microsoft in 2020 but still spends 10% of his time working with teams at the software firm-including those at OpenAI, which Microsoft has backed.
Only once during the Premier League era has there been a lower proportion of home wins during a season than in 2024-25 - and that was the Covid-affected 2020-21 campaign.