Senate raises Nigeria’s 2018 oil benchmark to $47 per barrel

The Senate has raised the oil benchmark for the 2018 budget from the $45 per barrel as proposed by the Federal Government to $47.

The upper chamber of the National Assembly took the decision at the plenary on Tuesday after consideration and adoption the report by its Joint Committee on Finance, Appropriations, and National Planning and Economic Affairs on the 2018-2020 Medium Term Expenditure Framework and Fiscal Strategy Paper.

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About EZEKIEL ENEJETA 3118 Articles

Ezekiel Enejeta is a graduate of mass communication and a passionate journalist, his flair for writing has led him into pursuing a career in news reporting. He currently serve as the editor of Financial Watch. He can be contacted via phone call at 08141171945

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