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Nigeria’s parliament plans to pass 2017 budget next week – Senate leader

Thursday, 27 April 2017 18:11

(Ecofin Agency) - In Nigeria, the parliament’s upper house aims to pass the government’s 2017 budget next week, revealed Senate leader Ahmed Lawan (photo, left) on Thursday.

“By next week… we should be able to finish our own work and pass the budget to Mr. President to sign,” Lawan said after a meeting with president Buhari. The leader explained that the parliament should have passed the budget in March and April but could not.

Let’s recall that Buhari, in order to get the economy out of recession, presented lawmakers with a record N7.298 trillion ($23.24 billion) budget in December 2016. The budget focuses mainly on boosting infrastructure spending. 

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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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