Wednesday, October 5, 2016
President Muhammadu Buhari had, on Tuesday, sent a draft of 2017 budget, highlighting the spending skeleton for 2017 annual budget for the Federal Republic of Nigeria.
The Skeletal frame of 2017 spending by the Federal Government stood at $22.57 billion (6.866 Trillion Naira). The budget draft, which must be passed by the Senate before forwarding the final budget, exceeded 2016 budget by 806 million US. Dolars.
The draft sent to the legislative chamber was planned on exchange rate of N290 to 1 US Dollar and Gross Domestic Product (GDP).
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Wednesday, 5 October 2016
See the Skeletal part of 2017 Budget as presented by the President
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