Nigeria may be in for tougher times in the next few months with predictions of further decline of crude oil prices in the international market. But, to forestal the impact of the slide in crude oil prices, the Executive and the Legislative arms of government have been advised to quickly consider a downward review of […]
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Members of the Senate and the House of Representatives are in a quandary over the crude oil benchmark to recommend for the 2016 budget, The Punch. The N6.07tn budget has had two days of debate on the general principles so far and will likely be referred to the committee stage on conclusion of the second […]
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The National Assembly is likely to reduce the crude oil benchmark price of $38 per barrel proposed by the executive for the 2016 budget, the Chairman, Senate Committee on Media and Public Affairs, Senator Saabi Abdullahi, has said. The price of oil in the international market as of Thursday was slightly below $33 per barrel, […]
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