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Oil Price Stability Buoys Nigeria’s Budget Benchmark

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Oil Price Stability Buoys Nigeria's Budget Benchmark

Nigerian budget benchmark appears buoyed by oil price stability as a result of cuts in production levels to which OPEC members have agreed.

The benchmark of sixty dollars was eroded by sustained drops in price. The high for the year was eighty-six dollars which dropped to about fifty-eight dollars last week.

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It rebounded to sixty-two dollars per barrel last week, just as the federal executive council was to hold an emergency meeting on how the price drops would affect the Nigerian budget.

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Opec countries had agreed to reduce daily production by eight hundred thousand barrels, while non-OPEC members decided to reduce production by four hundred thousand barrels per day.

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Nigerian News

Aigbogun Submits Final List Of Players For U-20 AFCON

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Aigbogun Submits Final List Of Players For AFCON U-20

Flying Eagles Head Coach, Paul Aigbogun, has submitted to the Nigeria Football Federation the final list of twenty players for the 2019 Africa U-20 cup of nations.

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The team says it has put behind it the disappointment felt from the cancellation of the international friendly with Saudi Arabia U-20 squad. But organizers have promised that the game would still hold after the U-20 AFCON finals.

READ:  France, U.S Move To Crash Oil Price

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Nigerian News

NRA Threatens To Withdraw Members From NPFL Over Attacks On Referees

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NRA Threatens To Withdraw Members From NPFL Over Attack On Referees

The Nigeria Referees Association has threatened to withdraw its members from the Nigeria Professional Football League because of repeated attacks on league referees.

Referee Sam Agba was assaulted by Plateau United fans in Jos and on Sunday, some match officials were attacked by fans of Remo Stars in Sagamu.

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Nigeria Referees Association Publicity Secretary, Kelechi Mejuonbi says the association is waiting for the decision of the league management on the incident.

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Nigerian News

Afe Babalola Calls For Unified Examination For Universities Graduands

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Afe Babalola Calls For Unified Examination For Universities Graduating Students

Chief Afe Babalola, SAN, a legal luminary, has called for the adoption of a unified examination system for final year students in every course in Nigerian universities.

The legal icon said this is the way to bring about quality education in the country to discourage what he called “the culture of laziness” in the system.

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Babalola made the call while speaking at the tenth matriculation ceremony and award conferment on alumni of Afe Babalola University in Ado Ekiti.

At the twin events, Ekpo Naomi, best graduating student ever produced by the university since its inception in 2010, was awarded half a million naira.

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Babalola said if the Nigerian Universities Commission and the Ministry of Education adopt the idea of unified examinations to all final year students, every university would strive harder to ensure its students pass the national examinations.  He said this will result in high standards in teaching and learning.

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