Nigerian deficit to rise as Buhari presents record budget

By Paul Carsten and Ulf Laessing ABUJA (Reuters) - Nigeria expects its 2017 deficit to rise to 2.36 trillion naira ($7.75 billion), President Muhammadu Buhari said on Wednesday, as the government tries to drag Africa's biggest economy out of recession with a budget that foresees record spending. Buhari is facing rising disenchantment with his handling of the economy as Nigeria struggles with 18 percent inflation and its first recession in 25 years, brought on by low global prices for the oil it