Nigeria’s Space Budget Increases By A 54% Margin For The Financial Year 2021

Nigeria's President: Muhammadu Buhari

Nigeria’s President Muhammadu Buhari has approved the 2021 national budget. The budget approved on New Year’s Eve, is 20% higher than 2020, at a record ₦13.6 Trillion (USD35.66 Billion). The budget assumes oil prices of USD40 a barrel, 1.86 million barrels a day of crude production, and a 3% annual economic growth rate. In the…

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