Budget deficit may widen as crude oil price drops to $60

Dailytrust | 06-05-2025 03:16pm |

Nigeria’s N13 trillion budget deficit for 2025 may widen with the continuous drop in the price of crude oil, Daily Trust can report. Our correspondent reports that crude oil, which makes the huge chunk of the government’s revenue, was benchmarked at $75 per barrel but external shocks like the tariff imposed by US President Donald [...]

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