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Against Buhari’s Proposal, Senate Pegs Oil Benchmark At $47 Per Barrel - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsAgainst Buhari’s Proposal, Senate Pegs Oil Benchmark At $47 Per Barrel (569 Views)

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Against Buhari’s Proposal, Senate Pegs Oil Benchmark At $47 Per Barrel by ManirBK(op): 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(op): 9:58pm On Dec 07, 2017
Over to you wailers!

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 grin

Re: Against Buhari’s Proposal, Senate Pegs Oil Benchmark At $47 Per Barrel by crackerspub: 5:22am On Dec 08, 2017
grin grin
Re: Against Buhari’s Proposal, Senate Pegs Oil Benchmark At $47 Per Barrel by crackerspub: 5:26am On Dec 08, 2017
python1:
They will soon arrive
ManirBK:
Over to you wailers!
Na wa, you guys don't have anything to do. Nothing even to prepare for lectures or work.


Loyalist and patriotic BMC spotted
Re: Against Buhari’s Proposal, Senate Pegs Oil Benchmark At $47 Per Barrel by python1: 5:30am On Dec 08, 2017
crackerspub:
Na wa, you guys don't have anything to do. Nothing even to prepare for lectures or work.


Loyalist and patriotic BMC spotted
I know you typed this from classroom/office.
1 Reply

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