Check Out The Breakdown Of The 2016 Budget As Presented By Mr President

Date: 23-12-2015 6:37 am (8 years ago) | Author: Mister Jay Wonder
- at 23-12-2015 06:37 AM (8 years ago)
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Below is the breakdown of the 2016 budget as presented by President Muhammadu Buhari to the house

GDP Growth Rate Projection 4.37%

Revenue Projection 3.86 Naira

Deficit 2.22 trillion Naira (equivalent to 2.16% of Nigeria’s GDP)

Oil Related Revenues 820 billion Naira

Non-oil Revenues 1.45 trillion Naira 

Projected Independent Revenues 1.51 trillion Naira

Capital Expenditure 1.8 trillion Naira (30%  of total budget)

Works, Power and Housing 433.4 billion Naira

Transport 202.0 billion Naira Interior 53.1 billion Naira

Special Intervention Programs 300 billion Naira

Education 369.6 billion Naira
 
Defence 294.5 billion Naira

Health 221.7 billion Naira

Ministry of Interior 145.3 billion Naira

Foreign and Domestic Debt Service 1.36 trillion Naira

Sinking Fund towards the retirement of maturing loans 113 billion Naira

Non-debt Recurrent Expenditure 2.65 trillion Naira



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Posted: at 23-12-2015 06:37 AM (8 years ago) | Addicted Hero
- XTnote at 23-12-2015 07:03 AM (8 years ago)
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Igbese budget, kinda spending more than you earn, just like a nollywood movie, all know where the money will end up
Posted: at 23-12-2015 07:03 AM (8 years ago) | Upcoming
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- zezprincess at 23-12-2015 09:37 AM (8 years ago)
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Hahaha,abeg make una leave this man,he no get agenda&focus.
Posted: at 23-12-2015 09:37 AM (8 years ago) | Hero
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- gogoman at 23-12-2015 09:58 AM (8 years ago)
Online (m)
we dey wait \am buhari
Posted: at 23-12-2015 09:58 AM (8 years ago) | Grande Master
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- Novic at 23-12-2015 10:10 AM (8 years ago)
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That was great mr buhari... i beliv this will help this a bit next year and we will move forward nt bckward.
Posted: at 23-12-2015 10:10 AM (8 years ago) | Hero
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- winace at 23-12-2015 10:51 AM (8 years ago)
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I hope it will be used wisely and it will touch d life of d common man positively.
Posted: at 23-12-2015 10:51 AM (8 years ago) | Addicted Hero
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- Oworen25 at 23-12-2015 11:45 AM (8 years ago)
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They all should use it properly we don't want to hear that one or two persons ran or misuse the government money oh.
Posted: at 23-12-2015 11:45 AM (8 years ago) | Hero
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- DAMILARE100 at 23-12-2015 03:39 PM (8 years ago)
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Special Intervention Programs 300 billion Naira.  Defence 294.5 billion Naira... who is going to Defend those Programs?
Any plan for Agriculture? Oil marketing is becoming a loss, why can't we prioritize the agricultural sector since we have over 400 natural resources aside crude oil? 
Posted: at 23-12-2015 03:39 PM (8 years ago) | Gistmaniac
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- diezo at 23-12-2015 05:35 PM (8 years ago)
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يراقب الله !!!
Posted: at 23-12-2015 05:35 PM (8 years ago) | Gistmaniac
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- crocatum at 23-12-2015 09:26 PM (8 years ago)
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i hope they know what they are doing, lets just trust them for some time, i hope this will lead to a diverse economy and one day economic independence, i dont care about political power, it is better for most of the population should be rich and independent from the government power. that way the government will not be the god of everything
Posted: at 23-12-2015 09:26 PM (8 years ago) | Gistmaniac
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- beautysharp at 23-12-2015 09:52 PM (8 years ago)
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Just watching
Posted: at 23-12-2015 09:52 PM (8 years ago) | Upcoming
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- AmazingMarie at 23-12-2015 10:16 PM (8 years ago)
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let's see as it unfolds by God's grace.
Posted: at 23-12-2015 10:16 PM (8 years ago) | Hero
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- botlex at 23-12-2015 11:06 PM (8 years ago)
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I don't know whether u guys wish this country well. billion no cum get value again for Nigerian currency
Posted: at 23-12-2015 11:06 PM (8 years ago) | Gistmaniac
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- okatee at 27-12-2015 11:28 AM (8 years ago)
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buhari, i no wan hear say minister of defence carry dat #294.5B as him own oo
Posted: at 27-12-2015 11:28 AM (8 years ago) | Gistmaniac
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- Mopera at 30-12-2015 09:38 PM (8 years ago)
(m)
Igbese budget, kinda spending
more than you earn, just like a
nollywood movie, all know where
the money will end up
Posted: at 30-12-2015 09:38 PM (8 years ago) | Gistmaniac
Reply
- moralemike07 at 3-01-2016 10:49 AM (8 years ago)
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Ok na.
Posted: at 3-01-2016 10:49 AM (8 years ago) | Gistmaniac
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- Sparky12 at 15-04-2016 12:12 AM (8 years ago)
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kk
Posted: at 15-04-2016 12:12 AM (8 years ago) | Gistmaniac
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- kison at 15-04-2016 05:07 PM (8 years ago)
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BE careful, be very very careful, CAREFULLLLLLLLLLLLLLLL……………………………….
Posted: at 15-04-2016 05:07 PM (8 years ago) | Hero
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