. ‘$75 per barrel, 2.06m barrels production benchmark,’ what to know about the 2025 budget Approved FEC The Federal Executive Council (FEC) has approved a proposed budget of N47.9 trillion for the year 2025. This was disclosed by the Minister of Budget and Economic Planning, Atiku Bagudu, while briefing state House Correspondents at the end of the FEC meeting presided over by President Bola Tinubu. The Minister said the approval is part of the “Medium Term Expenditure Framework (MTEF) for 2025-2027, in accordance with the Fiscal…
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