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UPDATE 1-Nigeria sees 2022 oil production of 1 88 mln bpd, GDP growth of 4 2%

The Nigerian government expects the country to produce 1.88 million barrels per day of crude oil in 2022 and will use a benchmark oil price of $57 per barrel for its budget planning, according to a document approved by the Senate on Wednesday.

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Nigeria to Use IMF s $3 35 billion SDRs to Finance s Next Year s $39 8 bln Budget Deficit

Nigeria to Use IMF s $3 35 billion SDRs to Finance s Next Year s $39 8 bln Budget Deficit
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Nigeria unveils record $39 8 bln budget for 2022, spending up 25% |

Nigeria unveils record $39 8 bln budget for 2022, spending up 25% |
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Nigeria unveils record $39 8 bln budget for 2022, spending up 25%

Nigeria's president unveiled a record 16.39 trillion naira ($39.8 billion) budget for 2022 on Thursday, with a projected 25% year-on-year rise in government spending as the economy struggles with the impact of the pandemic.

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Nigeria sees 2022 oil production of 1 88 mln bpd, GDP growth of 4 2% | Hellenic Shipping News Worldwide

The Nigerian government expects the country to produce 1.88 million barrels per day of crude oil in 2022 and will use a benchmark oil price of $57 per barrel for its budget planning, according to a document approved by the Senate. The Medium-Term Expenditure Framework (MTEF), a crucial part of the annual budget preparation cycle, .

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