The President, Muhammadu Buhari, on November 7, 2017, presented the Budget proposal 2018 to the joint session of the National Assembly for approval. While presenting the document before the joint session of the national assembly in Abuja, the president said the budget was meant to consolidate the achievements of previous budgets. From this budget, only few ministries such as power, works, housing, defense, transport and agriculture have so far received funding.
The Federal Government plans to increase investment in agriculture by forming six crop processing zones in 2018 to improve infrastructure for the manufacture and processing of crops in the agricultural sector. The Government also wishes to continue its attention on the rapid development of infrastructure particularly rail, roads and power. The construction of the Abuja metro line is expected to be completed by September 2018. The power sector is projected to witness several reforms targeted at improving power generation, transmission and distribution.
