The Senate President, Bukola Saraki and the House Speaker, Dogara received President Buhari for the #2017Budget Appropriation Bill Presentation on wednesday. President Buhari, during the presentation, benchmarked the 2017 budget at N305 naira against one US dollar ($1) with 2.2 million barrels, saying that the #2017budget proposal is 7.298tn, representing 20.4% increase over the 2016 estimate. Buhari said ” We are increasing funding to the judiciary in order to allow them function even better.” N100 billion is allocated to judiciary. Buhari also Benchmarked Oil Price at $42.5 per barrel and said that, “In 2017, we will focus on the development of infrastructure, especially rail, road and power.” In the budget, provisions for capital expenditure is N2.24tn. Health took 51 billion, Industry took 81 billion while Defense took 140 million. Buhari said he expects the #2017budget to better the lives of Nigerians in a greater measure than that of 2016.]]>

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