Nigeria is aiming to spend a record N47.9 trillion in the 2025 fiscal year, but the budget is the lowest since 2020 in dollar terms, according to BusinessDay’s analysis.
The proposed budget is premised on the assumption of an ambitious oil price of $75 per barrel and target production of 2 mill
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Wasiu Alli
Wasiu Alli is a business, economics cum data journalist with strong expertise covering macro trends, capital markets, government policies, corporate earnings and comparative economics analysis. Alli turns raw data into trends that not only tells compelling stories but nudges investors to make valued and informed decisions. He’s an alumnus of Lagos State University and trained at Lagos Business School. He formerly heads the Companies and Markets desk at BusinessDay where he writes and supervises the production of well researched articles on earnings updates, corporate sectoral comparisons, market intelligence as well as interviews with C-suite executives.
