President Buhari hopes that with the 2018 budget presented to the National Assembly earlier this year, it should be passed next month and possibly signed into law late December this year or early January next year.
With Nigeria's proposed $28.16 billion for 2018 budget, we believe that " Nigerian government are setting themselves yet more unattainable goals", said John Ashbourne, Africa economist at Capital Economics.
Journalists from some section of the media, mostly online and a few from some print and electronic media have been barred from covering the 2018 budget presentation by President Buhari at the National Assembly. "With the economic recovery made so far, it is clear that we made the right decisions", he said.
He said the Federal Government had also invested $500 million in the nation's Sovereign Wealth Fund (SWF) as part of deliberate measures to support government's diversification drive.
Buhari said that the government would continue to develop infrastructure and increase investments in agriculture to attain food security and reduce importation.
The president said that the construction of Abuja metroline had attained 98 per cent completion, adding that work had commenced on the Ajaouta-Itakpe rail line which was abandoned for 17 years.
He said the 2018 budget is also to deliver on Nigeria's economic recovery growth.
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