President Buhari Budgets N6.08 Trillion For 2016

Today, President Buhari presented the 2016 budget which amounts to N6.08 Trillion to the National Assembly members.

The President speaking said Nigeria remains committed to diversification to create and reflate the economy. On the present fuel scarcity, He apologized to Nigerians & infernal it on some stakeholders World Health Organization has refused to embrace amendment. He confirmed fuel pump value would stay at N87 for now.

Buhari to National Planning Commission: Reduce Expenditures Of 2016 Budget

The National Planning Commission was on Mon ordered By President Muhammadu Buhari to give a reasonable 2016 national budget that seeks reduction in expenditures while giving top priority to developmental projects.

 

President Muhammadu Buhari

The Punch reported that Garba Shehu, the Senior Special Assistant to the President on Media and Publicity made this known while speaking to journalists. 

According to Shehu, President Buhari gave the order after a briefing from Dr. Bassey Akpanyung, the Executive Secretary of the commission in Abuja.

The President made this known when he told Akpanyung and the directors of the NPC that capital projects should top the priority list because the country cannot achieve real development without sufficient investment in capital and infrastructural projects.