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President Buhari presents N7. 28 billion budget tagged ‘budget of recovery and growth’ for 2017

December 14, 2016


President Buhari today presented the 2017 budget to a joint session of the National Assembly. The budget which is N7.28 billion, is tagged the budget of Recovery and Growth. It has a 20.4% increase from the 2016 budget. 30% of the budget will be for capital projects. The budget was based on crude oil benchmark price of $42.5 per barrel.

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