The price of Nigeria’s Bonny Light crude oil has experienced a sharp decline, falling by 10.6% from $84.02 per barrel on January 15th to $73.53 per barrel. This significant drop raises concerns over the Federal Government’s ability to meet its 2025 budget revenue projections. The 2025 national budget was structured around a crude oil benchmark […]
President Bola Tinubu is set to present the 2025 budget to a joint session of the National Assembly on Tuesday, marking a significant step in Nigeria’s fiscal planning. Key Details of the Budget Presentation Senate President Godswill Akpabio confirmed during Thursday’s plenary that the presentation will take place in the House of Representatives chamber. Earlier, […]
