₦airaland Forum

ZeeAfrica:
Financial management for non financial managers, Supply chain and asset management, or watever. Maybe we cud assist if u went in to more detail. Wat is it dat u want exactly. Who is yo prospective audience?

Jewelbaby01:
yeah, you're right. I think he needs spectacles to watch this

Lanre01:
The 2016 budget was signed into law today by President Muhammadu Buhari.


Here are 9 important things you should know about the budget:

The National Assembly passed the budget on March 23
The total budget is N6.06 trillion
Aggregate expenditure — N6, 060,677,358,227
Statutory transfers – N351, 370,000,000
Debt service – N1, 475,320,000,000
Capital expenditure – N1, 587,598,122,031
Fiscal deficit – N2, 204,936,925,711.16
Deficit/GDP – 2.14 per cent
Recurrent expenditure – N2, 646,389,236,196
Oil price benchmark and crude oil production were put at US38 per barrel and 2.2000mbpd respectively.
Exchange rate for the budget was pegged at N197/USD1.

c: lalasticlala