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.