Nigeria’s Proposed 2021 Space Budget is a 23% Increase on 2020 budget

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Space in Africa
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President Muhammandu Buhari presenting the 2021 budget to the National Assembly

President Muhammadu Buhari of Nigeria presented a budget of ₦13.08 trillion (USD 34.1 billion) to the nation’s National Assembly on Thursday. The budget is based on a USD 40 oil benchmark for 2021, FX target of ₦379/USD, an inflation target of 11.95% with a deficit of ₦4.48 trillion. The total budget is a 19% increase...

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