#2016 Budget review

#2016 Budget Presentation:


The key points of the budget and what Mr President said....


 Proposal: 6.08 trillion

 Revenue: 3.86 trn

 Deficit: 2.22 trn deficit - 2.16% of GDP

Debt profile now 14% of GDP $38 oil benchmark 2.2 mn barrels production estimated Zero-based budgeting approach New 'Efficiency Unit' for cost-cutting School feeding programme to commence and 500,000 new teachers will be recruited 'The confidence of many might be shaken, but I stand before you today promising we'll secure our country, and rebuild our economy'

 "We are here to serve. Nigerians will get the service they have longed for, and which they actually deserve. "We will not betray the trust reposed in us. "The Nigerian economy needs to move away from dependency on oil. Our growth must be inclusive.


 "We'll pursue recovery of everything that belongs to the people of Nigeria, no matter where its hidden, no matter how long."



 'The confidence of many might be shaken, but I stand before you today promising we'll secure our country, and rebuild our economy' Mr president speaks on Conditional Cash Transfers to the poor. To be managed by the Vice President's office

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