Nigeria 2016 Budget will include new policies- Buhari

The 2016 National Budget will include fresh policies and measures to encourage the rapid diversification of the Nigerian economy away from its current over-dependence on the oil and gas sector, President Muhammadu Buhari disclosed Monday in Abuja.

 
He also assured that under his watch, Nigeria will not fall short of international standards in the protection of foreign investments and the repatriation of returns on such investments.

Inflation in Nigeria still unchanged at 9.2%, - Report

 

Nigeria’s headline inflation held steady at 9.2 percent in July, same as the previous month, on account of muted price rises in the Food and Non Alcoholic Beverages, Housing, Water, Electricity, Gas and Other Fuel, and Furnishings and Household Equipment Maintenance divisions, among others.