**N30trn Oil Bonanza: NESG Warns FG on Middle East Crisis Windfall** The Nigerian Economic Summit Group (NESG) has made a startling prediction that Nigeria could rake in a whopping N30 trillion in additional oil revenue if the current surge in global crude prices persists due to the escalating tensions in the Middle East. This estimate is based on a projection of $57 billion in external reserves, which could be a significant boost to the country's economy. The NESG's forecast is not just a theoretical possibility, but a reality that could actually materialize if the situation in the Middle East continues to escalate. The ongoing conflict between Iran and other countries in the region has already led to a significant increase in global oil prices, which has benefited oil-producing countries like Nigeria. For Nigeria, this could be a welcome development, especially after years of struggling with low oil prices. The country has been banking on oil revenue to finance its budget and drive economic growth. The NESG's projection suggests that Nigeria could use this windfall to address some of its long-standing economic challenges, such as infrastructure development and debt repayment. However, the NESG has also warned that the Federal Government must save some of this windfall to avoid the pitfalls of the past. In the past, Nigeria has been known to squander oil revenue, leading to a decline in the country's economic fortunes. The NESG is urging the government to use a portion of the revenue to build up its external reserves, which have been depleted in recent years. The NESG's projection is also a reminder of the volatility of the global oil market and the need for Nigeria to diversify its economy. While oil revenue may be a welcome boost to the country's economy, it is not a sustainable source of revenue. The NESG is calling on the government to use this opportunity to invest in sectors such as agriculture, manufacturing, and technology, which have the potential to drive long-term economic growth. In conclusion, the NESG's projection of a N30 trillion oil windfall is a significant development that could have far-reaching implications for Nigeria's economy. While the government must be cautious not to squander this revenue, it also presents an opportunity for the country to address some of its economic challenges and build a more sustainable economy.