Defence, education, health top Tinubu’s N27.5tr budget
Defence, human capital development, healthcare and education are priorities in the N27.5 trillion Federal budget estimate for 2024. The President presented his first budget estimate, christened Budget of Renewed Hope which is predicated on an exchange rate of N750 to a dollar, an oil benchmark of $77.96 per barrel and an oil production estimate of […]
Gas production falls despite FG’s N250bn intervention fund
Production of natural gas fell last year despite an N250bn intervention fund provided to fifteen companies, The PUNCH findings have revealed. According to an industry report from the Energy Institute in partnership with KPMG, Nigeria’s natural gas production dropped by 4 billion cubic feet meters between 2021 and 2022. The country’s gas production recorded at 39 billion […]