Opinion: How realistic is Buhari’s 2017 budget estimates?

by Jide Ojo On December 14, 2016, President Muhammadu Buhari presented financial estimates of N7.3tn to the National Assembly.  The financial plan was labelled as the Budget of Recovery and Growth. It is based on a benchmark crude oil price of US$42.5 per barrel; an oil production estimate of 2.2 million barrels per day; and... Read More