Tuesday, 22 December 2015

PMB Presents N6.08trn 2016 Budget, As Capital Expenditure Takes 30 Per Cent

President Muhammadu Buhari today presented a national budget of N6.08 trillion for 2016 before a joint session of the National Assembly.

2016 Budget as presented by President Buhari.
Special intervention = ‪#‎300b‬
Education = #369.6b 
Health = #221.7b 
Defence = #294.5b 
Interior (police, immigration, Civil Defence and Fire service) = #145.3b 
Borrowing to fund Capita expenditure = #1.35tr 
Capital expenditure is increased by over 30%.

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