Nigeria plans $28 billion spending for 2025 budget, minister says

investing.com 14/11/2024 - 15:48 PM

Nigeria's 2025 Budget Plans

ABUJA (Reuters) – Nigeria is set to allocate 47 trillion naira (approximately $28.18 billion) for its 2025 budget. This budget is based on an oil price assumption of $75 per barrel and a targeted production of 2 million barrels per day, as stated by the country's budget minister on Thursday.

(Exchange rate: $1 = 1,667.9100 naira)




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