The executive also allocated N422,775,979,362 for statutory transfer, while N2,951,710,000,000 was budgeted for debt service.
There is a strong indication that the Federal Government of Nigeria may still find it difficult to implement the adjusted 2020 budget that was recently sent...
It's a bloodbath: Oil price crash, Coronavirus spreads, stock markets crash, devaluation fears stoked, it's 2008 all over again.
Crude oil price crashed below $30 on Sunday evening's market-opening after Saudi Arabia launched a price war in reaction to Russia's decision not to cut output.