2017 Nigerian Budget
It appears internet big boy Hushpuppi is tired of being a Nigerian. He took to his Instagram page to announce that he will soon return his Nigerian citizenship. The lavish spender insinuated that he was tired of being a Nigerian.
When your income has gone down, the only place you can go is to borrow. It was a strategic decision. We borrowed and invested heavily in infrastructure and then increased our revenue so that we could pay back the debt.
The Nigerian Bureau of Statistics (NBS) has stated that annual inflation in Nigeria stood at 14.33% in February 2018, slowing for the 13th month in a row and driven by a decline in the pace of food price increases.
The speaker of the House of Reps, Dogara, has revealed how President Muhammadu Buhari faulted Abdulmumin Jibrin's allegation that the 2017 budget was padded.
On December 14, 2017, President Muhammadu Buhari presented the 2017 budget to the National Assembly, but ten months later, the budget is yet to be implemented.
Kemi Adeosun, the finance minister said Nigeria’s inability to access foreign loans are major impediments to funding of capital projects in the 2017 budget.