Nigeria 2017 budget in chart

Courtesy: Budgit

On Wednesday, December 14, 2016, the President Muhammed Buhari presented to a joint session of the National Assembly the propose budget for 2017 called The budget of recovery and growth. In his speech, He recounted how Nigeria got to its present predicament, which he said was due to squandering of oil earnings on importation of all sorts.

He went further to informed the Assembly members on the focus of the 2017 budget, "In 2017, we will focus on the rapid development of infrastructure, especially rail, roads and power. Efforts to fast-track the modernization of our railway system is a priority in the 2017 Budget. In 2016, we made a lot of progress getting the necessary studies updated and financing arrangements completed. We also addressed some of the legacy contractor liabilities inherited to enable us to move forward on a clean slate. Many of these tasks are not visible but are very necessary for sustainability of projects. Nigerians will soon begin to see the tangible benefits in 2017."

See a copy of the:

2017 budget presentation speech by Muhammed Buhari