Coronavirus: FG To Cut Budget, Seeks New Oil Benchmark - NairalandJohn Ameh, Samuel Awoyinfa and ’Femi Asu
Amid tumbling prices of crude oil, the Federal Government is set to cut the country’s 2020 budget.
The President, Major General Muhammadu Buhari (retd.), will get a report on Tuesday (today) on what his regime can do to salvage the N10.59tn budget.
The budget review committee, which was set up by Buhari on Monday, is chaired by the Minister of Finance, Budget and Planning, Mrs Zainab Ahmed.
Its primary duty is to review the $57 oil...
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