Nigeria Slashes Oil Benchmark Over Falling Crude Price

(NAN): The Minister of Finance, Dr Ngozi Okonjo-Iweala, says the Federal Government has proposed a review of the oil benchmark from 77.5 dollars to 73 dollars for the 2015 budget. Okonjo-Iweala said this on Sunday in Abuja at a media briefing on government’s strategic response to the decline in global oil prices. She said the […]

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