Buhari signs N8.91trn 2019 budget into law


Buhari signs N8.91trn 2019 budget into law

President Muhammadu Buhari has signed the 2019 appropriation bill of N8.91 trillion into law.
The national assembly had passed the budget into law after increasing the budget size from its initial N8.83 trillion.
TheCable reports that Buhari signed the budget on Monday, less than 48 hours to his inauguration for a second term as president.
The budget is based on estimated crude oil production of 2.3 million barrels a day and the crude oil price of $60 per barrel.
The budget deficit is put at N1.9 trillion.

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