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Nigeria's Buhari sends 2017 draft budget to Senate for approval
October 4, 2016 / 6:46 PM / a year ago

Nigeria's Buhari sends 2017 draft budget to Senate for approval

ABUJA, Oct 4 (Reuters) - Nigeria’s President Muhammadu Buhari on Tuesday sent a draft budget for 2017 to the upper house of parliament for approval.

The plan assumes an oil price of $42.5 per barrel and production of 2.2 million barrels a day, as well as an exchange rate of 290 naira to the U.S. dollar. (Reporting by Camillus Eboh; Writing by Alexis Akwagyiram; Editing by Louise Ireland)

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