2017 budget: Amnesty programme allocation increased

President Muhammadu Buhari on Wednesday while presenting the 2017 budget said the budget will be set at N305 per dollar.

N520 billion out of the N7.298trn budget was allocated to the ministry of power, housing and works.

Capital expenditure gets 30.7 percent in the budget which is 20.4 percent bigger than the 2016 budget.

The allocation for the Presidential Amnesty Program me was also increased to N65 billion.

“The allocation of the presidential amnesty programme has been increased to N65 billion in 2017 budget. Furthermore, N45 billion in funding has been provisioned in funding for the rehabilitation of the northeast,” Buhari said.

The Ministry of Agriculture will get N92 billion while the Ministry of interior capital expenditure is N63 billion.

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