SENATE PEGS OIL BENCHMARK FOR 2020 BUDGET AT 28 DOLLARS PER BARREL

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…

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,…