(Bloomberg) -- Nigeria’s President Muhammadu Buhari will sign the 2018 expenditure plan next week, after months of delays, presidency spokesman Femi Adesina told reporters in the capital, Abuja.
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Earlier on Wednesday, Adesina said Buhari would sign the budget during the course of the day.
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Lawmakers in Africa’s most-populous nation last month sent spending plans for this year of 9.1 trillion naira ($25 billion) to Buhari to sign into law. That’s 5.8 percent more than what Buhari presented to them in November and a fifth bigger than last year’s budget.
The nation’s biggest budget yet is meant to help spur economic growth ahead of elections in February and after a contraction in 2016.
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