Presenting Muhammadu Buhari presenting budget to the National Assembly
President Muhammadu Buhari on Wednesday in Abuja presented a budget of N7.30 trillion for 2017 before a joint session of the National Assembly.
Buhari, who arrived at the assembly Chambers at 1.55p.m., apologized for shifting the time for the presentation of the appropriation bill from 10 a.m. to 2 p.m.
He explained that the delay was informed by his sudden trip to The Gambia in an attempt to avert possible political in that country, occasioned by the insistence of President Yayah Jameh.
The president said that N2.24 trillion, representing 30.7 percent of the 2017 budget, would be committed to capital expenditure aimed at pulling the economy out of recession as quickly as possible.
He said the capital expenditure was increased from N1.8 trillion in 2016 to…
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