President Muhammadu Buhari, today, presented N7.298 trillion 2017 Budget tagged: “Budget of Recovery and Growth,” to the joint session of the National Assembly in Abuja.
The President arrived at the National Assembly around 1:58pm and was received by the Senate President, Bukola Saraki; and the Speaker, Yakubu Dogara, when he entered the chamber.
After the opening prayers some minutes after 2pm, Saraki set the tone for the presentation and called for closer ties between the legislature and executive, and transparency in the budget process.
In his address, the President told the lawmakers that his administration will focus on rapid infrastructural development for the country.
He also assured that the government will continue to priortise defence spending.
” We will enhance public service delivery.
” Capital expenditure to take 30 per cent of the budget,” the President added.
A breakdown of allocations to ministries, departments and agencies MDA’s reveals that Power, Works and Housing ministry will receive N529 billion; Judiciary will receive N100 billion while Amnesty programme will receive N65 billion in the 2017 budget.