Nigeria: As Jonathan Presents 2012 Budget, Security Beats 12 Ministries Combined

14 December 2011

The Security sector is to guzzle N922 billion next year, amounting to more than the combined allocations of 12 Federal ministries, according to a breakdown of the N4.7 trillion 2012 budget proposal presented by President Jonathan yesterday.

The president presented the appropriations bill at a joint sitting of the National Assembly in Abuja, where he also said the downstream petroleum sector would be liberalised next year, effectively removing fuel subsidies.

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