The Federal Executive Council has approved the revised Medium Term Expenditure Framework and the 2020 budget.
The revised estimates are based on $25 per barrel of crude oil at a production rate of 1.94 million barrels per day.
Earlier, Minister of Finance, Zainab Ahmed had hinted that the government would make the revision based on declining international oil prices and the impact of the coronavirus pandemic.
Ms. Ahmed, who is also the Minister of Budget and National Planning, had told Reuters the government would drop the oil benchmark from the initial $57 per barrel to $30.
Channels TV
292677 834508Aw, this was an exceptionally good post. In concept I would like to spot in writing such as this moreover – spending time and actual effort to create a excellent article but so what can I say I procrastinate alot by way of no indicates find a approach to go completed. 763549
111258 494471When I initially commented I clicked the -Notify me when new comments are added- checkbox and now each time a remark is added I get four emails with exactly the same comment. Is there any manner you possibly can take away me from that service? Thanks! 443270
939592 414680very nice post, i undoubtedly really like this exceptional web site, carry on it 960214
Dive into epic battles and quests. Lucky Cola