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\'\'It is therefore doubtful if President Mohammadu Buhari will be able to deliver his campaign promises to Nigerians if the price of crude oil which accounts for some 90% of Nigeria’s total export revenue and 75% of total consolidated revenue continue to hover around $50 per barrel between now and 2019.\'\' Chika Onuegbu in his 2015 paper titled “HISTORICAL OVERVIEW OF THE IMPACT OF GLOBAL OIL POLITICS ON CRUDE OIL PRICES, INVESTMENTS AND EMPLOYMENT RELATIONS IN THE NIGERIAN OIL AND GAS INDUSTRY”
General Agreements to Borrow (GAB) was a lending medium for members of the Group of Ten (G-10). Under GAB, G-10 countries deposited funds into the International Monetary Fund (IMF) for a nation in economic distress to access. Usually, the loans made through GAB were temporary and designed to help address potential crisis situations.
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