-
Nigeria: Budget 2013 - Senate Dumps FG's Oil Benchmark, Adopts U.S. $78 Per Barrel
Vanguard, 17 October 2012
Strong indications emerged, yesterday, that the Presidency and the lawmakers may be poised for a war as the Senate has rejected the Federal Government's pegging of $75 per barrel… Read more »
Nigeria Sets New Oil Benchmark
The government and lawmakers may be poised for a confrontation as the Senate has rejected the government's benchmark of U.S.$75 in the 2013 budget and raised it to a higher rate of U.S.$78 per barrel.
InFocus
-
The row over the oil benchmark for the 2013 budget continues with the House of Representatives calling on the Minister of Finance, Ngozi Okonjo-Iweala, to either obey the law or ... Read more »
-
The House of Representatives say it would not touch the 2013 budget until it was satisfied with the implementation of the 2012 budget. Read more »
