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JUST IN: Senate passes the 2018-2020 Medium Term Expenditure Framework

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-The Senate has pegged the exchange rate at N305 to $1

Senate passes MTEF, FSP

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

In the documents, the Upper Chamber fixed the exchange rate at N305 to $1.

Also, barrel of oil was fixed at $46, while daily production was pegged at 2.3 million barrel per day.

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Ibukun Josephine Bankole was a Senior Associate at Naija News. A Mass Communication graduate, Ibukun is passionate about journalism especially in the areas of health and child related issues. She loves eating beans, singing, acting and giving motivational speeches. Ibukun is meticulous and has a positive approach to life. Contact me via twitter/Instagram @ibukunbankole_

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