Nigeria: Osinbajo signs 2017 budget at last!
Monday, 12 June 2017 20:35
Nigeria's acting president, Yemi Osinbajo (photo), has at last signed the 2017 budget into law.
“This budget is a budget of economic recovery and growth. It is designed to bring Nigeria out of recession,” Osinbajo said after the signing.
According to him, the economy is gradually recovering and the budget will be implemented based on the country's recovery plans.
The Nigerian Parliament in May approved the 2017 budget amounting to N7.44 trillion ($24.4 billion) which is N1 trillion higher than the amount proposed by President Muhammadu Buhari in December 2016, to get the country out of its first recession in 25 years.
Anita Fatunji
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