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BREAKING: Senate passes MTEF

From: FRED ITUA, Abuja

The Senate has passed the 2018-2020 Medium Term Expenditure Framework (MTEF) and the Fiscal Strategy Paper (FSP).

In the passed documents, the Senate pegged the exchange rate at N305 to $1. It pegged one barrel of oil at $46, while daily production was put at 2.3 million barrel per day.

Details later…

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