Share this Publication
2015 Budget Implementation Report
The 2015 budget of N5.06tn was anchored on the projected oil price benchmark of $53 per barrel but averaged $43.69 in Q4 2015. The significant reduction owes to the instability of international market prices for crude oil barrels. The volume of production was pegged at 2.28mbpd at an average of 400,000 barrels for local use. Nigeria witnessed a series of pipeline vandalism and oil well attacks cutting Nigeria’s actual production to 2.19mpbd in Q4 2015. Here’s our analysis!
bookPages: 22
File Type: PDF
Category: Publication
Explore Related tags
The BudgIT “publications”, made available under the Creative Commons License CC BY-ND 3.0, may be used and displayed without charge by all commercial and non-commercial websites. Use is, however, only permitted with proper attribution to Budgit. When publishing one of these graphics, please include a backlink to the respective publication URL.