Imperatives of National Savings: A Case for Adoption of Appropriate Benchmark Price for Crude Oil

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Date

2006-01

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Publisher

Central Bank of Nigeria

Abstract

The objective of this paper is to developp a simple framework for deriving an accceptable bench mark price for crude oil for budgeting purposes. It is hoped that this would remove subjectivity in budgeting process and promote understanding between all stakeholders.

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Keywords

National Savings, Savings, Oil Prices

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