Senate cuts oil benchmark to $60, passes 2026–28 MTEF/FSP to cushion global shocks

Senate Summons Mele Kyari, Ajia, Others Over Unaccounted N210trn

…backs N54.46trn 2026 spending plan ...sustains 1.84mbpd output, N1,512/$ exchange rate The Senate on Tuesday approved the 2026–2028 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP), cutting Nigeria’s crude oil benchmark to $60 per barrel for 2026 in a move lawmaker

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