Nigeria budget office sees tighter 2011 budget

LAGOS, May 3  – Nigeria’s government is in talks with parliament over the country’s 2011 budget proposal and expects to agree an amended version with a narrower deficit within weeks, the head of the budget office said on Tuesday.

President Goodluck Jonathan initially proposed a 4.226 trillion naira ($27.32 billion) budget in December but parliament inflated the spending plans, passing a 4.972 trillion naira version three months later.



Source: Reuters Africa newsletter

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