President Muhammadu Buhari on Tuesday said the projected expenditure in the 2018 proposed budget would drive rapid economic recovery.
President Buhari stated this in Abuja when he presented about N8.612 trillion as the 2018 Appropriation Bill to a joint session of the National Assembly.
At the session, he said that with a benchmark of 45 dollars per barrel at an exchange rate of N305 to a dollar in 2018, the Budget would consolidate on the achievements of previous Budgets to aggressively steer the economy to the path of steady growth.
“With the economic recovery made so far, it is clear that we made the right decisions.
“And I urge you all to support the Federal Government’s policies towards economic recovery,’’ he said.