We will continue our conversation on the proposed budget presentation by President Bola Tinubu for the 2024 fiscal year.
The proposed budget for 2024 is estimated N27.5 trillion naira, that’s more than $32.7 billion dollars, with an oil price benchmark of $77 and currency value of 750 naira per dollar.
With a target of 3.75% GDP growth and 21.4% inflation, the President stated that the government will set aside N8.25 trillion naira for debt service with a target of 18trillion revenue target
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