THE 2017-2019 Medium Term Framework Expenditure earlier forwarded to National Assembly for consider‎ation, has been amended by President Muhammadu Buhari.

This is even as the  Federal Government has decided to spend N564 billion of recovered loots on the 2017 Budget.
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In the review copy, the exchange rate has been jerked up from N290 to N305 as official rate‎.
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The budget proposal that would be presented by President Buhari on Wednesday is now N7.3 trillion.
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The proposed budget represents an increase of ‎about 19.95 per cent over the 2016 Appropriation of N6.07 trillion.
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The benchmark for crude oil still stands as $42.5 per barrel and the daily production level still stands at 2.2 million barrels per day.
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In the MTEF proposal, the total amount of recovered loots was put at N564 billion.
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The breakdown of the looted funds showed that N97.6 billion ($320 million) was recovered from Switzerland, N261 billion was domestic recoveries, assets and fines and other Federal Government recoveries was N205 billion.

Responding to a question on looted funds, the Minister of Budget and National Planing, Udoma Udo Udoma, ‎explained the physical monies recovered have been factored into the 2017 budget.
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Udoma said: “The physical money that we actual received have been factored into 2017 budget.”
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The MTEF submitted earlier to National Assembly did not indicate recovery from Switzerland and domestics recoveries.‎

sarrki:
God bless you my mentor

PMBNG:


You and this your Buhari eh

greatiyk4u:
sai Buhari till devil repents

sarrki:


Bro he is my mentor

I want to live a life of sincerity

He's a good man

He's honest

I love him

I swear I do in my heart

Ever since he became the president at point of entry

We are regarded more than before

God bless Muhammadu Buhari

God bless Federal Republic of Nigeria