With just over a week before his official handover,
the outgoing President, Goodluck Jonathan, has approved the sum of N4.5
trillion ($22.6 billion) budget for 2015.
According to a statement credited to the president’s spokesman, Dr. Reuben Abati, the budget, which was by the National Assembly in late April, was approved by the Nigerian president on Wednesday, devoid of the usual fanfare.
READ ALSO:Billboard Music Awards 2015: Nicki Minaj Gives Us a "Night" to Remember
It
was also reported that the budget is 3.2% smaller than last year’s,
following the issues associated with global crude prices which are
responsible for the cash crunch in the country.
According to a statement credited to the president’s spokesman, Dr. Reuben Abati, the budget, which was by the National Assembly in late April, was approved by the Nigerian president on Wednesday, devoid of the usual fanfare.
READ ALSO:Billboard Music Awards 2015: Nicki Minaj Gives Us a "Night" to Remember
It
was also reported that the budget is 3.2% smaller than last year’s,
following the issues associated with global crude prices which are
responsible for the cash crunch in the country.