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ARTICLE · 14 NOVEMBER 2017

Nigeria's 2018 Budget Of Consolidation

President Buhari today presented the 2018 Appropriation Bill to a joint session of the National Assembly.

NigeriaStrategy

President Buhari today presented the 2018 Appropriation Bill to a joint session of the National Assembly. It was described as a budget of consolidation to:

  • Reinforce and build on recent accomplishments
  • Sustain reflationary policies
  • Ensure diversified, sustainable and inclusive economy

Below are the highlights of the Budget:

EXPENDITURE

N'trillion

Capital expenditure

       2.43

Recurrent

       3.49

Debt service

       2.01

Statutory transfer

       0.46

incl N23b Capex

Sinking fund

       0.22

Aggregate spending

       8.61

REVENUE

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