Nigeria 2016 Budget At A Glance

The Nigeria 2016 Budget At A Glance

President Muhammadu Buhari, on Tuesday presented a 2016 budget proposal of 6.07 trillion Naira.

Nigeria's 2016 Budget is based on a crude oil benchmark price of $38 per barrel and a production estimate of 2.2 million barrels per day for year 2016.

See the full budget bellow:

BUDGET VALUE	N6.08 trn
Revenue Projection	N3.86tr
Deficit	N2.22 trillion
Domestic Borrowing	N984 bn
Foreign Borrowing	N900 bn
Capital Expenditure	N1.8 trn
Recurrent Expenditure	N 2.65 trn
Non-oil Revenue	N1.45 trillion
Special Intervention Programmes	N200 bn