Buhari Submits MTEF to N'Assembly, Budgets N500bn for Social Welfare

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This is best time to remove fuel subsidy, World Bank advises
• Cautions against abuse of fiscal space to borrow
• Oil price may fall to $20 as OPEC ditches quotas

The federal government has earmarked N500 billion for the implementation of its social security scheme for unemployed young graduates under the 2016-2017 Medium Term Expenditure Framework (MTEF) and Fiscal Policy Strategy (FPS) submitted to the National Assembly on Tuesday

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