L
LequteMan
Guest
Nigeria's Acting President Yemi Osinbajo on Monday signed the 2017 budget into law.
Here are 4 highlights of the document:
a. Total expenditure of N7.44 trillion, comprising N5.08 trillion in revenues and a projected deficit of N2.36 trillion which will largely be financed by borrowing.
b. N2 trillion for capital expenditure (principally infrastructure).
c. More than N500 billion for investments in roads, and power and housing projects
d. N46 billion for Special Economic Zone Projects to be set up in each geopolitical zone.
Here are 4 highlights of the document:
a. Total expenditure of N7.44 trillion, comprising N5.08 trillion in revenues and a projected deficit of N2.36 trillion which will largely be financed by borrowing.
b. N2 trillion for capital expenditure (principally infrastructure).
c. More than N500 billion for investments in roads, and power and housing projects
d. N46 billion for Special Economic Zone Projects to be set up in each geopolitical zone.
