EconomyNigerian Government To Spend Over 20 Trillion Naira In 2023
ABUJA — President Muhammadu Buhari Friday presented a budget proposal of N20.51 trillion naira to the joint session of the National Assembly in Abuja, which he referred to the 2023 Appropriation as a “budget of fiscal sustainability and transition before he leaves office in May next year. Addressing the session, the President described the oil subsidy regime as grossly unsustainable in the current reality of low revenues occasioned by oil theft and insecurity. President Buhari,...