According to the President, the budget termed Budget Of Economic Recovery and Resilience will address key economic issues as the country tries to recover from the impact of the coronavirus and the oil price drop.

He says the government is determined to accelerate the country’s economic recovery process while decrying the revenue generation challenges.

Compared to budget presentations done in previous years, the President was only accompanied by Vice President Yemi Osinbajo and a few ministers, while the others participated virtually.

President Buhari To Present 2021 Budget On Thursday

Commenting on his achievements, he said: "Agriculture has recorded appreciable success in rice and other crops mainly through the Anchor Borrowers Programme and the Presidential Fertilizer Initiative, anchored by the Central Bank of Nigeria and the Nigeria Sovereign Investment Authority, respectively.”

"We are also accelerating the construction of 337 rural roads around key agricultural corridors to enhance access to market and reduce post-harvest losses.

“These efforts have reduced the adverse impact of Coronavirus on our food availability, prices and security.

“We have made progress on the railway projects connecting different parts of the country. The Lagos-Ibadan Line will soon be operational.

“The Abuja-Kaduna Line is running efficiently while the Itakpe-Ajaokuta Line was finally completed after over 30 years since it was initiated and commissioned in September 2020.

"Arrangements are underway to complete the Ibadan-Kano Line. Also, work will soon commence on the Port Harcourt-Maiduguri Line and Calabar-Lagos Coastal Line, which will connect the Southern and Eastern States to the North, and the South-South as well as South-East to the North, and South-West, respectively.

“The Second Niger Bridge is at about 46 per cent completion. We hope to commission the project before the end of our tenure in 2023.