Nigeria’s economy is striving for growth and recovery in 2017, as contained in the Federal Government’s 2017 budget proposal. The FG has proposed an audacious expansionary budget of N7.30trn, with adequate provision for capital expenditure as stimulus to jump-start the economy. In contrast to the previous year, the FG is counting on higher oil production of 2.2mbpd to support oil revenues as projections for non-oil revenues are made to reflect present economic realities. With recent experience however, we note that the budget estimate seem overly ambitious. Read more via this link
http://www.dexteranalytics.com/2017/01/31/2017-economic-review-outlook-threshing-floor/