Nigeria’s finance minister Ngozi Okonjo-Iweala presented the 2015 budget proposal to the National Assembly on December 17.
The FG proposes an expenditure in the region of N4.4trillion.She and her lietenants in the Ministry of Finance and its departments and agencies, as usual, painted pictures of a strong economy. Few believed their interpretations of “austerity measures”.
Reduced incomes from crude oil and less foreign reserves are supposed to halt the Goodluck Jonathan government’s profligacy this time round.
Nobody implements Nigeria budgets anyway.