Nigeria: Senate Endorses $60 Oil Benchmark, Crude Price Falls to $59/Barrel

[AllAfrica - Africa] - 17/12/2025

[This Day] The Senate yesterday approved some far-reaching recommendations of its Committee on Finance on the 2026-2028 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP), backing a lower and more realistic crude oil benchmark of $60.

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