Yusuf Akinpelu The Senate on Tuesday put the benchmark price for crude oil in the 2020 budget at $28 per barrel. The Senate also reduced the targeted daily oil production from 1.94…
Tag: 2020 Budget
FG TO SELL PUBLIC ASSETS TO FUND 2020 BUDGET
Indications have emerged that more public assets may be put up for sale by the Federal Government as the Bureau of Public Enterprises reviews the 2020 Privatisation Work Plan. Checks…
NATIONAL ASSEMBLY TO RECONVENE SOON OVER BUDGET REDUCTION, CORONAVIRUS BAILOUTS
Yusuf Alli, Managing Editor, Northern Operation BARRING a last minute change, the National Assembly may reconvene soon to deliberate on the falling oil price and the adjustment of…
CORONAVIRUS FALLOUT: SEE THE MINISTRIES TO SUFFER ALLOCATION CUTS OF 321BIL IN REVISED BUDGET
The slash in the Federal Government ’ s budget by about N 321bn would mostly affect projects to be implemented in the Niger -Delta, North – East, basic education, healthcare…
CORONAVIRUS: FG MAY REDUCE BUDGET BY 1TRILLION NAIRA
The committee set up by the President, Major General Muhammadu Buhari ( retd. ), to assess the impact of coronavirus on the 2020 budget submitted an interim report to him…
PANIC MEASURES? FG TO CUT BUDGET, REVIEW OIL BENCHMARK
Recession looms, experts warn John Ameh, Samuel Awoyinfa and ’Femi Asu Amid tumbling prices of crude oil, the Federal Government is set to cut the country’s 2020 budget. The President,…