Business

Nigerian Lawmakers pass 8.91 trillion naira budget for 2019

Nigeria’s Senate on Tuesday passed an 8.91 trillion naira ($29.3 billion) budget for 2019, after it hiked the spending plan from the amount President Muhammadu Buhari presented to lawmakers last year.

In December, Buhari presented a spending plan of 8.83 trillion naira for this year, a smaller figure compared with the record 9.12 trillion naira budget for 2018. The budget needs to be signed by Buhari before it becomes law. Reuters

Pix: Nigeria Senate in session