Business

2024 Nigerian budget is insufficient to boost economy amid naira devaluation – Experts 

Financial analysts at FSL Securities Limited have said that with the current naira devaluation, the 2024 budget size is insignificant to drive the economy.


Mr. Victor Chiazor stated this in his economic review and outlook for the 2024 presentation tagged ‘Navigating the Tides’.


The two chambers of Nigeria’s National Assembly had in December passed the 2024 Appropriation Bill of N28.7 trillion, increasing it by approximately N1.2 trillion from the initial N27.5 trillion proposed by President Bola Tinubu.