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Do You Support the Petroleum Industry Bill?
Govs Want Higher Oil Price Benchmark
• Say $45 too low, canvass $50 From Chuks Okocha in Abuja, 11.11.2008
Governors of the 36 states of the Federation are against the conservative benchmark of $45 per barrel of crude oil for the 2009 budget.The governors unanimously agreed that the Federal Government should jack up the benchmark to $50 because of the enormous expenditure ahead of the states in order to tackle the challenges of development in the country.Crude oil price is currently $63 per barrel, hav...
