Analysis Of Budget 2018 Proposal

Yesterday, President Muhammadu Buhari presented the Budget 2018 proposal to a joint session of the National Assembly. Thus a summary of the budget analysis below. What are your perceptions of the budget proposal.

Here is a breakdown of the #Budget2018:
Proposed Recurrent Expenditure - N6.18tn
Proposed Recurrent Expenditure - N6.18tn
Proposed Capital Expenditure - N2.42tn
Total Proposed Budget Size - N8.6tn

Assumptions:
Benchmark Oil Price $45 per barrel
Oil Production: 2.3mbpd
Exchange rate: N305/$1
Inflation Rate: 12.4%

https://chidexmikky.blogspot.com/2017/11/yesterday-president-muhammadu-buhari.html