The 2018 budget has been jerked to N9,120,334,988,225 by the House of Representatives.
According to the document laid on Tuesday, N530,421,368,624 was proposed for statutory transfer; N2,869,600,351,825 for development fund for capital expenditure; N3,516,477,902,077 for recurrent (non debt) expenditure while N2,203,835,365,699 is for debt service; and N199b for sinking fund for maturing loans.
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Details later…