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flag Nigeria missed oil revenue target in Q4 2024; Ghana’s oil revenue fell 56% in early 2025.

flag Nigeria's fourth-quarter 2024 oil revenue fell 22% to ₦3.9 trillion, missing its target by ₦1.09 trillion, due to shortfalls in crude sales, petroleum profit tax, and gas revenues, though some non-crude sources exceeded projections. flag Ghana's oil output dropped 25.9% in early 2025, with revenue falling 56% to $370.3 million, driven by lower production, weak global prices, and stalled investments, prompting calls for urgent reforms to revive its petroleum sector.

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