Nigeria Budget 2017

The Federal Government on Monday, December 11, said it released N1.2 trillion to Ministries, Departments and Agencies (MDAs) of government for the 2017 budget.

According to the federal government, some part of the stolen funds recovered from those that looted the economy is been used to finance the 2017 budget.

Two months after senate passed the 2017 budget, Acting President Yemi Osinbajo has submitted a virement proposal of N135.6 billion to the National Assembly.

Ibrahim Idris, the inspector general of police, has declared that the force annually need N1.13 trillion but it has only got N36.1billion in 2017 budget.

The Nigerian federal government said on Monday June 19 that it would use a fraction of the looted funds recovered so far to finance part of the 2017 budget.

The 2017 budget is still stirring dust, following statements that insinuate some fowl play has been done by Federal lawmakers in a bid to satisfy their greed.