Following the passage of the N21.8 trillion 2023 budget by Nigeria’s National Assembly, the country has raised its crude oil benchmark to $75 per barrel from a previous $70 per barrel.

Nairametrics has also noted that the country’s crude oil production has been set at 1.69 million barrels per day for 2023.

The federal government assumes that the state can finance the 2023 budget with these key figures.

contrary opinion: But an employee of Nigeria’s…