Buhari Picks Dec 14th to Address National Assembly on Budget, Recession

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President Muhammadu Buhari will address a joint session of the national assembly on the 2017 budget on December 14.

In a letter to the senate read by Bukola Saraki, the president said he would also speak on his plans to get the economy out of recession.

Last week, the federal‎ executive council (FEC) approved the 2017 budget, which is estimated to be N7.02trn. The 2016 budget is N6.08trn.

Next year’s budget is predicated on an‎ oil benchmark of $42.5 per barrel.

The senate has already considered the medium term expenditure framework, which is a precusor to the budget.

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