2017 draft budget: Buhari seeks senate approval to spend a record N6.9 trillion

Nigeria’s President Muhammadu Buhari on Tuesday sent a draft budget for 2017 to the upper house of parliament for approval, detailing plans to spend a record 6.866 trillion naira ($22.57 billion) aimed at pulling Africa’s biggest economy out of recession. The plan assumes an oil price of $42.5 per barrel and production of 2.2 million […]

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