Nigeria's Jonathan warns spending at risk due to falling oil price

President Goodluck Jonathan warned Tuesday that Nigeria could be forced to cut further the amount of oil revenue it uses for government spending if the global crude price continued to plummet. The warning came on the evening of the presentation of the revised 2015 budget that could see politically sensitive spending cuts just weeks before presidential and parliamentary elections. Finance ...
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Added December 16, 2014
from Yahoo Nigerian News