Nigerian President Tinubu to present 2025 budget of N47.9 trillion to National Assembly on Dec. 17.

President Bola Tinubu will present Nigeria's 2025 budget, valued at N47.9 trillion, to the National Assembly on December 17. The budget, which includes a $75 oil price benchmark, daily production of 2.06 million barrels, and an exchange rate of N1,400 to $1, also targets a 6.4% GDP growth rate. The budget proposal is based on a medium-term framework for 2025-2027, outlining a new borrowing plan of N9.22 trillion.

December 12, 2024
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