All for Joomla All for Webmasters

See The Full Breakdown of the N6.08 trillion 2016 National Budget

Want create site? Find Free WordPress Themes and plugins.

Budget Presentation

The 2016 National Budget was presented to the senate yesterday by President Buhari and we have a full breakdown of all the budget has in store for Nigerians. See below:-

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

RELATED POST:  20 year old girl arrested for selling her baby for 20,000

Did you find apk for android? You can find new Free Android Games and apps.

About Author


Realchannel65 is what i'm up and about ;) Don't say I didn't do anything for you :) Want to say hi? +2349099225514

Leave A Reply