igeria’s economy is almost entirely dependent upo

on its oil exports, making it highly susceptible to global oil price fluctuations. This heavy reliance on one commodity has led to persistent economic challenges, including high levels of corruption, unemployment, and poverty. Additionally, Nigeria has struggled to diversify its economy and invest in other key sectors such as agriculture, manufacturing, and technology. The country also faces infrastructure deficits and inadequate access to basic services such as healthcare and education. These factors contribute to income inequality and socioeconomic disparities throughout the country. In order to address these issues and promote sustainable economic growth, Nigeria must prioritize economic diversification, improve governance and transparency, and enhance social development initiatives.