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2019 Budget Assumptions Unrealistic – Experts

Some financial experts on Thursday said the proposed 2019 budget was unrealistic due to its questionable assumptions in view of the current economic realities in the country.
The experts disclosed this in separate interviews with the News Agency of Nigeria (NAN) in Lagos, while reacting to N8.83 trillion budget for 2019 presented by President Muhammadu Buhari to the joint National Assembly.
Some said the assumption of crude oil production of 2.3mbpd against the current production of 1.8 million barrels per day was on the high side.
Others believe the timing of the budget was poor, considering what the budget delay and passage had done to the economy.
(NAN)

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