Business Reps Finally Agree With Senators on $53 Benchmark, Cut NASS Budget by N30bn

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Nigeria- The National Assembly according to The Nation havey agreed on $53 per barrel as official oil benchmark for the 2015 budget and N190 to $1 as its exchange rate.

Previously, the Senate had approved $52, while the House adopted $54 per barrel leading to the raising of conference committees.

Another area of agreement was to trim the National Assembly budget of N150 billion by N30 billion, reducing the NASS budget to N120 billion.

#NASS #Nigeria

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