Buhari listed benchmark oil price of $57 per barrel; daily oil production estimate of 1.88 million barrels, including Condensate of 300,000 to 400,000 barrels per day; exchange rate of N410.5 per US Dollar; GDP growth projected at 4.2%; and Inflation closing at 13%, as the parameters and fiscal assumptions underpinning the 2022 appropriation.
“The Buhari government is only interested in bringing the suspects to justice. The United Arab Emirates has brought some names and the Attorney General of the Federation has responded to that matter, saying that in due course, all these people would have their days in court”
“If the existing debt is left unserviced or unpaid, it might become a problem or serious burden for successive administrations. Borrowing is not a problem, what could be a problem would be what one is borrowing for and the plan or capacity to pay back”