Tag: Jonathan

2014: FG Projects N4.5tn Budget, Sets Oil Benchmark at $74/bl

The federal government is set to propose a budget of N4.495 trillion for the fiscal year 2014 that will be predicated on an oil revenue benchmark of $74 per barrel. While the proposed budget projection translates to a N492 billion reduction from the N4.987 trillion appropriated by the National Assembly […]