Budget of Continuity was based on a benchmark oil price of $60 per barrel, oil production of 2.3mbpd. Government projected a deficit of N1.91t. The revenue performance is only 58 per cent of the 2019 budget's target due to the underperformance of both oil and non-oil revenue sources. Specifically, oil revenues were below target by 49 per cent as at June 2019.'Continue reading 2020: Another budget that will be difficult to implement at Vanguard Nigeria. Click here to read full news..