December 19, 2018 / 12:42 PM / a month ago

Nigeria's president presents 8.83 trln naira budget for 2019

ABUJA, Dec 19 (Reuters) - Nigerian President Muhammadu Buhari presented a 8.83 trillion naira ($28.80 billion) budget for 2019 to parliament on Wednesday, laying out a plan to drive growth two months before an election in which he will seek a second term.

The spending plan for Africa’s top oil producer assumes crude production of 2.3 million barrels a day and an oil price of $60 per barrel. Buhari’s handling of the economy - Africa’s largest by some measures - has become a campaign issue. ($1 = 306.6000 naira) (Reporting by Paul Carsten and Camillus Eboh in Abuja and Alexis Akwagyiram in Lagos; Editing by Andrew Heavens)

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