Author Topic: Nigeria faces N1.3 trillion spending gap at $70 oil  (Read 166 times)

0 Members and 1 Guest are viewing this topic.

Offline jchima14

  • Hero Member
  • *****
  • Posts: 1224
    • View Profile
Nigeria faces N1.3 trillion spending gap at $70 oil
« on: December 03, 2014, 01:28:22 PM »
Loading...
Nigeria faces the negative prospects of a N1.3 trillion cut in government spending next year, if oil prices trade at an average of $70 per barrel in 2015, unless the government chooses to spike bond issuances and widen the deficit to maintain spending close to this year?s level.
Source: You are not allowed to view links. Register or Login



Loading...
 

Nigeria Single Treasury Acct TSA boost revenue collections as FAAC shares N511bn

Started by mastercode

Replies: 0
Views: 273
Last post August 30, 2015, 04:07:58 PM
by mastercode
Nigeria-South African country?s media confirms legitimacy $9.3M of arms deal

Started by mastercode

Replies: 0
Views: 265
Last post October 07, 2014, 11:34:33 AM
by mastercode
Tony Elumelu launches Empowerment Fund to revitalize Nigeria distressed areas

Started by admin

Replies: 0
Views: 380
Last post October 17, 2014, 01:11:34 PM
by admin
Fuel scarcity - okonjo iweala accused Oil marketers of holding Nigeria to ransom

Started by mastercode

Replies: 0
Views: 511
Last post May 04, 2015, 09:43:56 AM
by mastercode
IRAN - US Deal - Nigeria May Lose N333 billion in crude oil revenue By Year End

Started by mastercode

Replies: 0
Views: 214
Last post July 21, 2015, 01:50:49 PM
by mastercode