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Nairaland Forum / Nairaland / General / Politics / Against Buhari’s Proposal, Senate Pegs Oil Benchmark At $47 Per Barrel (495 Views)
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Against Buhari’s Proposal, Senate Pegs Oil Benchmark At $47 Per Barrel by ManirBK: 9:55pm On Dec 07, 2017 |
Mynd44 oamj4 lalasticlala http://leadership.ng/2017/12/06/buharis-proposal-senate-pegs-oil-benchmark-47-per-barrel/ Senate has raised the oil benchmark for the 2018 budget to $47 contrary from the $45 per barrel as proposed by President Muhammadu Buhari. The decision of Senate yesterday at plenary followed a careful consideration and adoption of the report by its Joint Committee on Finance , Appropriations, and National Planning and Economic Affairs on the 2018 -2020 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). The lawmakers had earlier suspended debate on MTEF/FSP on the excuse of perceived possible changes in the price of oil, ahead of the OPEC meeting at which producers were expected to extend a supply-cut deal that came into effect in January with the goal of tightening supplies and propping up prices. As usual, Senate in line with its tradition, has to first approve the MTEF-FSP document before any consideration for passage of the 2018 budget proposal. |
Re: Against Buhari’s Proposal, Senate Pegs Oil Benchmark At $47 Per Barrel by ManirBK: 9:58pm On Dec 07, 2017 |
Over to you wailers!
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Re: Against Buhari’s Proposal, Senate Pegs Oil Benchmark At $47 Per Barrel by python1: 5:19am On Dec 08, 2017 |
They will soon arrive 1 Like 1 Share
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Re: Against Buhari’s Proposal, Senate Pegs Oil Benchmark At $47 Per Barrel by crackerspub: 5:22am On Dec 08, 2017 |
Re: Against Buhari’s Proposal, Senate Pegs Oil Benchmark At $47 Per Barrel by crackerspub: 5:26am On Dec 08, 2017 |
Re: Against Buhari’s Proposal, Senate Pegs Oil Benchmark At $47 Per Barrel by python1: 5:30am On Dec 08, 2017 |
crackerspub:I know you typed this from classroom/office. 1 Like |
(1) (Reply)
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