This week, Nigerian President Muhammadu Buhari presented a record 7.29 trillion naira  (N) ($23.97 billion) 2017 budget to lawmakers, representing an increase of over 20 percent of the 2016 allocation. The 2017 budget vastly increases capital expenditure while seeking to reduce new recurrent expenditures compared to the 2016 budget. This expansion seeks to pull Africa’s … Continue reading Figures of the week: Nigeria’s 2017 budget