The 2017 Budget will shortly be submitted by President Buhari to the National Assembly for consideration. Currently the Ministry of Budget and National Planning is consulting with the National Assembly on the Medium Term Expenditure Framework (MTEF), as well as the outlines of the Budget.
The budget is targeted at stimulating private sector investment and fast-tracking the exit of the economy out of recession. The renewed emphasis on stimulating private sector investment is predicated on Government’s belief that it is only by partnering with the private sector that the economy can be propelled out of recession and onto the path of sustainable growth.
Policy source: Aso Villa Newsletter