Nigeria’s presidency and lawmakers are still in talks over the record 7.44 trillion naira ($24.45 billion) budget for 2017, a government official said on Wednesday, nearly three weeks after the spending plans were passed by the Senate.

The budget aims to drag the OPEC member, which has Africa’s biggest economy, out of a recession that was brought on by low global oil prices that have slashed government revenues, weakened the naira currency and caused chronic dollar shortages.

Both chambers of parliament agreed to a bigger budget than the 7.298 trillion naira draft spending plan submitted by President Muhammadu Buhari in December.

http://medianet.info/2017/06/01/nigerias-presidency-and-lawmakers-still-in-talks-over-7-44-trillion-naira-budget/