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Nigeria Bases 2013 Budget On $75/B Oil Price, 2.53mn B/D
Published on Monday, 15 Oct 10:30 am
Nigerian President Jonathan Goodluck presented parliament on Wednesday the draft 2013 budget based on an oil price assumption of $75/B and production of 2.53mn b/d production. This compares with the 2012 budget which was based on an oil production assumption of 2.48mn b/d and a price of $72/B.
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