Nigeria:Senate Postpones MTEF Passage Over Fears On OPEC Oil Cuts

The Senate Thursday postponed the consideration and passage of the 2018-2020 Medium Term Expenditure Frame work/Fiscal Strategy Paper to next Tuesday, to await the outcome of the meeting of the Organisation of Petroleum Exporting Countries in Vienna, Austria. There are fears that the organisation might cut Nigeria’s oil output to 1.8 million barrels per day.

Original published: 2017-12-01 20:47:09 Read the full Vienna News here

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