bohlah at 23-12-2015 06:37 AM (9 years ago) (m)
Below is the breakdown of the 2016 budget as presented by President Muhammadu Buhari to the houseGDP 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 For more scintillating and juicy stories, follow the official Naijapals accounts On Twitter - https://twitter.com/Naijapals and Facebook - www.facebook.com/naijapals
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I have been reporting on latest news from Nigeria for almost 10 years now. I report on every possible news area I come across, but always ensure my reports are compiled with dignity and fact to uphold my personal values and duty as a journalist
Posted: at 23-12-2015 06:37 AM (9 years ago) | Addicted Hero
XTnote at 23-12-2015 07:03 AM (9 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 23-12-2015 07:03 AM (9 years ago) | Upcoming
Reply
Hahaha,abeg make una leave this man,he no get agenda&focus.
Posted: at 23-12-2015 09:37 AM (9 years ago) | Hero
Reply gogoman at 23-12-2015 09:58 AM (9 years ago) (m)
we dey wait \am buhari
Posted: at 23-12-2015 09:58 AM (9 years ago) | Grande Master
Reply Novic at 23-12-2015 10:10 AM (9 years ago) (m)
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 (9 years ago) | Hero
Reply winace at 23-12-2015 10:51 AM (9 years ago) (f)
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 (9 years ago) | Addicted Hero
Reply Oworen25 at 23-12-2015 11:45 AM (9 years ago) (m)
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 (9 years ago) | Hero
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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 (9 years ago) | Gistmaniac
Reply diezo at 23-12-2015 05:35 PM (9 years ago) (m)
يراقب الله !!!
Posted: at 23-12-2015 05:35 PM (9 years ago) | Gistmaniac
Reply crocatum at 23-12-2015 09:26 PM (9 years ago) (m)
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 (9 years ago) | Gistmaniac
Reply
Just watching
Posted: at 23-12-2015 09:52 PM (9 years ago) | Upcoming
Reply
let's see as it unfolds by God's grace.
Posted: at 23-12-2015 10:16 PM (9 years ago) | Hero
Reply botlex at 23-12-2015 11:06 PM (9 years ago) (m)
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 (9 years ago) | Gistmaniac
Reply okatee at 27-12-2015 11:28 AM (9 years ago) (m)
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 (9 years ago) | Gistmaniac
Reply Mopera at 30-12-2015 09:38 PM (9 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 (9 years ago) | Gistmaniac
Reply
Ok na.
Posted: at 3-01-2016 10:49 AM (9 years ago) | Gistmaniac
Reply Sparky12 at 15-04-2016 12:12 AM (9 years ago) (m)
kk
Posted: at 15-04-2016 12:12 AM (9 years ago) | Gistmaniac
Reply kison at 15-04-2016 05:07 PM (9 years ago) (m)
BE careful, be very very careful, CAREFULLLLLLLLLLLLLLLL……………………………….
Posted: at 15-04-2016 05:07 PM (9 years ago) | Hero
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