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Buhari proposes N6tr for 2016
He also revealed that the government expected to General a total of 2.2 million barrels of crude oil per day.
He said, "At today's Council, the Council approved the Medium Term Expenditure Framework, MTEF which sets out the policies of government over the next years. It sets out the fundamental economic underpinning of the budget.
"The highlights are as follows: we project and we are working with $38 crude oil price, we consider that to be very conservative but because of the uncertainty, we felt that we should start with a conservative crude oil price."
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