FG Proposes Review Of Oil Benchmark To $30pb

A file photo of the Minister of Finance, Mrs Zainab Ahmed.


The Federal Government is proposing a review of the oil benchmark for the 2020 budget from an initial $57 to $30 per barrel due to the impact of the coronavirus pandemic and the plunge in international oil prices on the nation’s economy.

In a meeting with the leadership of the National Assembly on Wednesday, Minister of Finance,…


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