In recent times, the demand for oil globally has slumped. Global oil prices fell by as much as 15 per cent in March to $27 per barrel. This is threatening to destabilise Nigeria's plan of funding its budget by raising N2.64trn from oil sales of two million barrels a day at an assumed benchmark of $57 per barrel.
What Do Nigerians Think About Government’s Reliance on Crude Oil?
Babawale National News April 18, 2020