Yesterday, President Muhammadu Buhari presented the Budget 2018 proposal to a joint session of the National Assembly.

Here is a breakdown of the #Budget2018:
Proposed Recurrent Expenditure - N6.18tn
Proposed Recurrent Expenditure - N6.18tn
Proposed Capital Expenditure - N2.42tn
Total Proposed Budget Size - N8.6tn

Assumptions:
Benchmark Oil Price $45 per barrel
Oil Production: 2.3mbpd
Exchange rate: N305/$1
Inflation Rate: 12.4%

How is this breakdown different from what has been in public


We deserve a more comprehensive breakdown.

.

Unlike when Jonathan was there....

this time, you can't really misbehave with money.

Buhari is watching.

Right now, head of ministires and agencies are like
[img]https://media1./images/77be079328bdc817166132cccd1cb80f/tenor.gif?itemid=5578754[/img]

Mtcheeeeeeew

GOD BLESS MY PRESIDENT

hmmmmm...my country my country

emmyw:
Mtcheeeeeeew

Enemy of Progress in da building!!

This inflation rate always going up every year and the oil price bench mark of $45 per barrel hope the excess price from the sales of crude oil will not be pocketed by our lords
What other sectors are we going to use apart from oil sector because what am seeing is non oil revenue is almost 171% of oil revenue.

I'm impressed by the projection for non-oil revenue.

Hmmmmmmmmm!... we never see the result of 2017 Budget sef

Rubbish, I am yet to understand how the previous one went...

Lol.. That is how they have been presenting their yearly budget *Back to back*


Abeg we need action not *Imaginary sketching*

modelmike7:

Enemy of Progress in da building!!

they're everywhere, my brother.

with little embezzlement..The budget is fear .


Click like if u are with me.

Thanks

Since i was born there is always a gigantic budget allocated to every year, yet every year looks like Nigeria is being run on Zero budget. Why?

And the funny thing is that the masses always celebrate each budget passed without asking the govt what they did with the previous year's budget.

Caseless:
they're everywhere, my brother.

Caseless, ma main guy. Howdy bro?!

The great budget of reconciliation!

Ok

Hmmm. Na so

Caseless:
I'm impressed by the projection for non-oil revenue.

Half of non oil revenue will be borrowed

Trillion sef no longer have value.... Looks like million to me...

At the end, what will hear is story every where, bad road, no lit, no drugs in our hospital, the popus of these burget I don't know

Inasmuch as the recurrent expenditure is higher than the capital expenditure figures, the economy is not out of the woods yet.

It can only be a breakdown when you show us how much went to so so project and how much is to be spent on the popular state house clinic, second Niger bridge, Lagos Ibadan expressway and so on

For now it is still in state of molepule aquamism

I'm not understanding o

ohhh nawa

What do we have to show for the previous budgets. Nothing.
Yeye dey smell.

moscobabs:
with little embezzlement..The budget is fear .


Click like if u are with me.

Thanks

for wat