2015 Budget to be Passed on March 31st, 2015

Nigerias Minister of Finance, Dr. Ngozi Okonjo-Iweala has announced that the 2015 budget for Nigeria will be passed on the 31st of March, 2015.

The National Assembly has agreed to pass the budget on March 31, Ngozi Okonjo-Iweala, the coordinating minister for the Economy said yesterday as she announced plans for the extra borrowing.

The Nigerian government had planned N4.75tn for 2015 but due to the fall in crude oil price, it had slashed it to N4.3tn, while changing the oil benchmark twice in the process.