Wednesday, April 16, 2025
26.7 C
Lagos

Inside Buhari ‘s N7.298tr 2017 Budget of Recovery

President Muhammadu Buhari yesterday presented a N7.298 trillion 2017 budget proposal to a joint session of the National Assemby in Abuja.

‘The people who voted for us are waiting for us to change the course of this nation.”

Buhari said the 2017 budget has a benchmark of N305 to the dollar ($1) and 2.2 million barrels of oil per day at $42.5 per barrel.

The key provisions of the 2017 budget include:

  • Capital Expenditure: N2.24trillion
  • Judiciary: N100 billion
  • Health: 51 billion,
  • Industry: N81 billion
  • Defence: N140 billion.

Total breakdown of the 2017 budget would be presented on Monday, December 19 by the Minister of National Planning, Senator Udoma.

spot_img
spot_img
spot_img

Hot this week

IPI Nigeria Appoints Idris, Garba Shehu, Egbemode, Ohwahwa, 25 Others to Committees

The International Press Institute (IPI) Nigeria has announced the...

NCC Committed to Fairness on Unclaimed Recharges

Distinguished guests, esteemed industry stakeholders, ladies and gentlemen, It...

GCEO of NNPCL, Bayo Ojulari, Pledges to Consolidate on Predecessor’s Achievements

R-L: New Group CEO NNPC Limited, Mr. Bayo Ojulari and...

Expert Laments Low Insurance Penetration Despite Youth Population

Dr. Akeem Oyewale, the Chief Executive Officer of Marble...

Topics

Brand Africa to Unveil Africa’s Top 100 Brands on Oct 22

Brand Africa is to release its highly anticipated 4th Brand Africa 100: Africa’s Best Brands rankings of the Top 100 Most Admired and Most Valuable brands in Africa at a Gala event at Sandton Convention Center on 22 October 2015. The rankings, first launched in 2011 at the 2nd Brand Africa FORUM, have been held in Johannesburg, South Africa in 2011 in partnership with Brand South Africa, in Nairobi, Kenya in 2014 in partnership with the Kenya Securities Exchange and in New York in 2013 partnership with African Business on the sidelines of the UN General Assembly.

Samsung: Consolidating Electronics Market in 2013 for Global Leadership

  Samsung Galaxy Camera       Samsung Galaxy S111 Mini Samsung Electronics, the world's...

PenCom: ‘PFAs Comply with N5bn Minimum Regulatory Capital Requirement’

The National Pension Commission (PenCom) is pleased to inform...

How FIFA Can Revive its Brand Image

Former FIFA Vice President Jack Warner, who was one of 14 people indicted in a massive bribery scandal, vowed to reveal new evidence against the world soccer's governing body and its embattled president, Sepp Blatter. It's just the latest blow to a brand in crisis. Right now, FIFA is engaged in a high-stakes "win or go home" game of penalty kicks, with the sponsors who line their pockets with billions of dollars on the offensive side of the shoot-out getting ready for their kicks, while its own embattled brand is in goal, gearing up to block and deflect anything that comes its way. Meanwhile, a global consumer audience that has celebrated the game for generations is blowing the whistle and pointing to the penalty spot, its trust on the line.

Equities Market Maintains Negative Momentum…NSE ASI Down 49bps

In line with expectation, the bearish run of the...

Travelstart, MTN in Strategic Partnership, Raises $40m for Online Travel Market

Travelstart, the leading Internet travel booking company in Africa,...
spot_img

Related Articles

Popular Categories

spot_imgspot_img