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Federal Government warns against raising oil benchmark above $65

•Lawmakers frown at N25b customs waivers in 2010 A PROPOSAL by the National Assembly to raise the $65 per barrel budget benchmark for the 2011 Appropriation Act may spark another row between the lawmakers and the Federal Government as the Minister of Finance, Olusegun Aganga, yesterday warned that such a step could render the document unimplementable. Aganga gave the warning as members of the National Assembly Joint Committee on Finance, expressed displeasure at the waivers unnecessarily granted ...
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Added February 10, 2011
from Nigerian Compass