Skip to main content

President Buhari presents 2018 budget to National Assembly

President Muhammadu Buhari Tuesday formally presented N8.6 trillion 2018 budget to a joint session of the National Assembly.
The proposal was presented at the joint section of the National Assembly at exactly 2pm.
The appropriation bill is tagged the ‘budget of consolidation.
During the presentation, Buhari announced that the budget is projected at an oil price of $45 per barrel and an estimate 2.3 million barrels per day.
Buhari pointed out that the budget is further projected on an exchange rate of N305 to $1, a real Gross Domestic Growth of 3.5 per cent and inflation rate of 12.4 per cent.
Details later…

Comments

Popular posts from this blog

Beijing forces migrant workers from their homes in 'savage' demolitions

Beijing forces migrant workers from their homes in 'savage' demolitions By  Matt Rivers  and  Serenitie Wang , CNN Updated 0825 GMT (1625 HKT) December 9, 2017 Beijing (CNN) Modern Beijing was built on the backs of low-paid migrants like Zhao Guihua. The 50-something cook and cleaner is one of thousands of people critics say have been forced from their homes in the past two weeks   as part of a drive by the municipal government to shut down what it claims is unsafe and overcrowded housing. Now homeless, she's selling all her possessions and preparing to return to her village -- hundreds of miles away in Henan province in central China. "Our apartment was demolished and new housing is too expensive to afford. We're not making enough money," she says, with her shoes, cups, pans, pots, a space heater and tools spread out in front of her on a cloth on the street. "I have no choice but to go home. I...

Sarah Sanders' absolutely unreal explanation of Trump's anti-Muslim video tweets

Sarah Sanders' absolutely unreal explanation of Trump's anti-Muslim video tweets Washington (CNN) On Wednesday morning,  President Donald Trump retweeted three videos purportedly showing Muslims committing acts of violence against Christians . He did so despite the fact that the videos came from a far-right, anti-Muslim group in Britain and remain unverified. Which is all beside the point, according to White House press secretary Sarah Sanders. "Whether it is a real video, the threat is real,"  Sanders told reporters Wednesday morning . "That is what the President is talking about, that is what the President is focused on is dealing with those real threats, and those are real no matter how you look at it." When pressed on the difference between the videos being real or fake, Sanders replied, "I'm not talking about the nature of the video. I think you're focusing on the wrong thing. The threat is real, and that's what the Preside...