TABLE-Nigerian budget figures for 2006-2008

Thu Nov 8, 2007 12:54pm GMT
 
Email | Print | | Single Page
[-] Text [+]
 ABUJA, Nov 8 (Reuters) - Nigerian President Umaru Yar'Adua
presented the proposed 2008 federal budget to the National
Assembly on Thursday.
 Following are the main figures in the bill, which can be
amended by legislators, compared to the two previous years.
 Figures are in trillion naira unless otherwise specified.
             2006           2007         2008
               budget         budget       budget
REVENUE             1.52           1.78         2.02
EXPENDITURE         1.90           2.39         2.47
DEFICIT (%GDP)      -2.6           -3.7         -2.5
OIL OUTPUT (MBPD)    2.5            2.5         2.45
BENCHMARK OIL ($/bl)  35             40        53.83
EXCHANGE RATE ($)    129            127          117
 Note - The 2007 figures take into account a mid-year
revision and supplementary appropriation presented by the new
administration, which came into power on May 29.


 

Market Update

  • UKUK
  • USUS
  • Europe
  • Asia
  • UK Most Actives
Currency
US $ inGBP =0.6181
Euro inGBP =0.8597
¥en inGBP =0.0067

Most Popular on Reuters UK

  • Articles
  • Videos