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Nigeria's influence in OPEC is determined by the

Nigeria's influence in OPEC is determined by the
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Volume of her oil revenue
  • B Sizes of her refineries
  • C Accesibility of her oil fields
  • D Low sulphur content of her crude
Correct Answer: Option A
Explanation:
Nigeria's influence in OPEC is determined by volume of oil revenue.
Nigeria has its own trust fund which is estimated at about ninety million naria in the African Development Bank (ADB). From this aid is given to needy countries. This marvelous achievement is due to the volume of Nigeria's oil revenues. This in no small measure boosts the economy of Nigeria.

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