Workersβ Salaries In Jeopardy As Oil Price Tumbles Again
March 22, 2020
1:14 pm
As another economic recession looms in the wake of the global Covid-19 pandemic, there are very present fears among workers of the 36 state governments over the ability of their governments to continue to pay their salaries.
On Friday, Brent crude futures fell $1.49 or 5.2%, to settle at $26.98 a barrel. United States crude futures for April fell $2.69, or 10.7%, to settle at $22.53 a barrel, whereas Nigeriaβs 2019 budget benchmark for crude oil was $57 per barrel.
Group Managing Director of Nigerian National Petroleum Corporation (NNPC), on Wednesday charged Nigerians to prepare for more economic trouble …
