(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.