Nigerian lawmakers say 2017 draft budget has unrealistic assumptions

By Camillus Eboh ABUJA (Reuters) - A draft budget framework for 2017 submitted to parliament by Nigerian President Muhammadu Buhari is based on unrealistic assumptions about oil production and the currency exchange rate, lawmakers said on Wednesday. The budget plans, which include spending a record 6.866 trillion naira ($22.57 billion) to pull Africa's biggest economy out of recession, assume oil production of 2.2 million barrels a day and an exchange rate of 290 naira to the U.S. dollar. The fr