JUST IN: Reps Step Down MTEF/FSP Report After Dispute Over Oil Benchmarks, Revenue Assumptions

The House of Representatives has stepped down consideration of the reports on the 2026–2028 Medium-Term Expenditure Framework (MTEF) and the Fiscal Strategy Paper (FSP) following an extensive debate that exposed disagreements over key macroeconomic assumptions, particularly crude oil benchmark prices and their implications for government revenue. The reports were presented by the chairperson of the…

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