2025 budget funding under pressure as oil output under-performs in H1’25
The budget set to be mainly funded from oil revenue, was benchmarked on 2.06 million bpd oil output, $75 per barrel and an exchange rate of N1, 500/dollar.
Just In: Nigeria must review 2025 budget to avert crisis – IMF warns
The IMF’s latest Article IV consultation report, released on Wednesday, points to a significant risk of Nigeria exceeding its fiscal deficit projections for the year
