Ignoring Nigeria’s fiscal realities, Senate raises 2019 budget by N90.3bn

...Approves N23bn for outgoing, incoming lawmakers

The Senate on Tuesday demonstrated Nigeria’s penchant for ignoring fiscal realities as it passed the 2019 budget, raising it by over N90.3 billion to N8.916 trillion, from an earlier draft of N8.826 trillion that was submitted by President Muhammadu Buhari five months ago. This is coming at a time the country’s revenue from oil, its…

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