A source close to the meeting told PREMIUM TIMES that the agenda of the meeting is focused on the 2020 budget whose fundamentals appear to have been derailed.
Some of the officials attending the meeting include the governor the Central Bank of Nigeria , Godwin Emefiele; the Group Managing Director of the Nigerian National Petroleum Corporation , Mele Kyari, the Chairman of the Federal Inland Revenue Service , Mohammed Nami, as well as the Minister of State for Budget, Clem Agba.
The finance minister had earlier said the government would take a decision to review the budget fundamentals based on the lower crude prices On Friday, the Organization of Petroleum Exporting Countries failed to reach a consensus with its non-OPEC members on further cut on oil output to strengthen the price.
The price of Brent crude reduced to about $34 a barrel on Monday while Nigeria’s 2020 budget was done based on a crude benchmark price of $56.
Nothing good will come out from the meeting
Forever_Rayyan Meeting to collect more loan
They can control the price the meeting is of no used to what is happening now.
Since morning 🤦🤦 dem just enter meeting
Make una not touch my small 4k for my account oh.. 🙄
I hope they had a contingency plan in place!
$34? 😳
This Apc govt will never have peace till they leave power.
meeting ke? when price still going down. dey should wait till the last drop price. i just pray they dont come up with a new tax of talk & pay in nigeria. Once you open your mouth to talk, then you pay.
You people consipred to sack Kemi Adeosun. Now everybody go hear am
He don happen
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: TheNationNews - 🏆 6. / 69 Read more »