08 December 2015, Abuja – The Federal Government, yesterday, unveiled 2016 budget proposal of N6 trillion, allocating 30 per cent of the budget to capital expenditure. The proposed budget is predicated on crude oil price of $38 per barrel and crude oil production of 2.2 million barrel per day. The Federal Executive Council, FEC, also approved and submitted […] More »
Govt proposes N6trn expansionist budget for 2016
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