The proposed 2018 budget has all the trappings and failings of the previous budgets. In my opinion, a good place to start the next budget is from the actual of the outgoing fiscal year.
The President, on November 7th, presented a record-high budget proposal of N8.612 trillion to the National Assembly for the 2018 fiscal year. The proposal, tagged the budget of consolidation, is an increase of about 18percent over the 2017 budget. The budget was premised on the oil price of $45 per
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
Olugbenga A. Olufeagba
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more