RPT-Nigeria 2013 budget deficit to fall to 2.17 pct: president
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ABUJA, Oct 10 (Reuters) - Nigerian President Goodluck Jonathan presented the country's 2013 budget to parliament on Wednesday, saying the budget deficit would fall to 2.17 percent of gross domestic product in 2013, down from 2.85 percent in 2012.
He urged parliament to accept a tighter budget because of ongoing uncertainty over oil prices. Oil makes up around 80 percent of Nigeria's revenues.
"This threat of oil price volatility remains constant and forces us to rely on a prudent methodology ... We've taken necessary steps to mitigate possible negative effects ... of a global recession," he said.
(Reporting by Camillus Eboh; Writing by Tim Cocks)
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Keywords: NIGERIA BUDGET/