the chart below shows the percentage of total government revenue from oil in nigeria between 1967 and 1990…
the chart below shows the percentage of total government revenue from oil in nigeria between 1967 and 1990. based on the information in the chart, what conclusion can be drawn about the oil industry in nigeria? year percentage 1967 18.26% 1971 25.99% 1975 80.81% 1979 66.30% 1983 67.00% 1987 75.80% 1990 97.24% nigeria was generating less revenue from oil in 1987 compared to pervious years. nigeria was generating greater revenue from oil in 1990 compared to previous years. nigerias oil revenue peaked during 1975. nigerias oil revenue decreased during 1987.
Answer
Brief Explanations:
The chart displays the percentage of total government revenue derived from oil in Nigeria for selected years between 1967 and 1990. To evaluate the conclusions, we examine the trend in these percentages:
- 1967: 18.26%
- 1971: 25.99%
- 1975: 80.81%
- 1979: 66.30%
- 1983: 67.00%
- 1987: 75.80%
- 1990: 97.24%
Analyzing the options:
- Option 1 is incorrect because the percentage in 1987 (75.80%) was higher than in 1967, 1971, 1979, and 1983, although lower than in 1975. It wasn't consistently less than previous years.
- Option 2 states greater revenue in 1990 compared to previous years. The percentage in 1990 (97.24%) is the highest recorded in the chart, surpassing all previous listed years. Assuming "revenue" here refers to the share or importance indicated by the percentage, this statement aligns with the data.
- Option 3 is incorrect because the percentage peaked in 1990 (97.24%), not 1975 (80.81%).
- Option 4 is incorrect because the percentage increased from 1983 (67.00%) to 1987 (75.80%).
Based on the provided percentage data, the most accurate conclusion is that the percentage of government revenue from oil was highest in 1990 compared to the other years shown.
Answer:
Nigeria was generating greater revenue from oil in 1990 compared to previous years.