2021 Proposed Budget

The 2021 Budget, aptly tagged “The Budget of Recovery and Resilience”, is rightly premised on the ravaging effects of COVID-19. Assumptions for the 2021 budget include a realistic $40 per barrel, oil production at 1.86m barrels per day, an exchange rate of N379 to US$ and a flattering growth rate of 3%. Here’s a quick review of the 2021 proposed budget.
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Proposed Budget

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