Nigeria's oil-producing host communities have told President Bola Tinubu and the Nigerian National Petroleum Company Limited, NNPCL, to boost pipeline surveillance in the Niger Delta region to achieve the country's revenue target of N36.36 trillion in the proposed N49.7 trillion 2025 budget.
Nigeria's oil-producing host communities have told President Bola Tinubu and the Nigerian National Petroleum Company Limited, NNPCL, to boost pipeline surveillance in the Niger Delta region to achieve the country's revenue target of N36.36 trillion in the proposed N49.7 trillion 2025 budget . The National President of HOSTCONYCN, Emmanuel Pathfinder, made the call at a press conference in Abuja on Friday.
reports that on Wednesday, the President presented the next annual budget of N49.7 trillion to the National Assembly. Key economic assumptions of the budget are a N36.36 trillion revenue target, inflation to reduce to 15.75 percent, exchange rate at N1,500 per dollar, oil production at N2.06 million barrels per day, crude oil price at $70 per barrel, and a N13.39 trillion budget deficit.
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