Oil price decline to $73.5 per barrel threatens budget 2025 revenue target
By Udeme Akpan & Ediri Ejor THE price of Nigeria’s Bonny Light crude oil fell by 10.6 per cent to $73.53 per barrel from $84.02 per barrel on January 15th, fuelling fears over achievement of Federal Government’s budget 2025 revenue target. The Budget 2025 is based on crude oil price benchmark of $75 per barrel,…