Nigeria: Babalola Assures Citizens On $45 Budget Benchmark

3 December 2008

Abuja — Minister of State for Finance and Supervising Minister, Federal Capital Territory (FCT), Mr. Remi Babalola, has dispelled fears over the benchmark oil price of $45 per barrel in the face of continuous downward trend.

He gave this assurance yesterday while answering questions from newsmen on the 2009 budget after its presentation by President Umaru Musa Yar'adua before the Joint Session of the National Assembly.

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