Thu Apr 7, 2016/Reuters By Camillus Eboh Nigeria’s President Muhammadu Buhari has received details of the long-awaited 2016 budget bill which he wanted to check before signing into law, his assistant said on Thursday, as lawmakers blamed delays on “sloppy” work by government officials. Buhari withdrew his original budget bill […]
Tag: 2016 Budget
Nigeria’s Buhari will not sign budget unless parliament provides details-official
Tue Mar 29, 2016/Reuters Nigeria’s President Muhammadu Buhari will not sign the 2016 budget bill passed by parliament last week unless lawmakers provide more details of the legislation, a government official said on Tuesday. Parliament had earlier sent the bill, which calls for record spending, to Buhari’s office but it […]
Indicative 2016 Budget as Passed by the Senate Today
March 23, 2016/Cordros 2016 Budget Passed by the Senate MTEF 2016 Variation Debt service (N’ trn) 1.48 1.48 0% Statutory transfers (N’bn) 351.4 351.4 0% Capital expenditure (N’ trn) 1.59 1.86 -15% Budget deficit/GDP (%) 2.14 2.2 -6bps Exchange Rate (NGN/US$) 197 197 0% Benchmark oil price (US$) 38 38 […]
