PIC. 4. PRESIDENT MUHAMMADU BUHARI (L), PRESENTING THE 2016 APPROPRATION BILL TO A JOINT SESSION OF THE NATIONAL ASSEMBLY IN ABUJA ON TUESDAY (22/12/15). LEFT IS THE SENIOR SPECIAL ASSISTANT TO THE PRESIDENT ON NATIONAL ASSEMBLY MATTAERS (SENATE), SEN. ITA ENANG AND CLERK OF THE NATIONAL ASSEMBLY, ALHAJI SALISU MAIKASUWA.
7803/22/12/2016/ICE/BJO/NAN
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The Federal Executive Council has okayed a budget estimate of N13.08trn for the 2021 fiscal year.
The fiscal document was approved at a meeting of the council on Wednesday presided over by the President Muhammadu Buhari.
The Minister of Finance, Budget and National Planning, Zainab Ahmed, disclosed this to State House correspondents at the end of the meeting.
The minister said the budget proposal is predicated on N379 per dollar exchange rate; oil benchmark of $40 barrel per day; and oil production volume of 1.86 million per day.
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This Post: Just in: FEC approves N13.08trn 2021 budget proposal was approved and published by Ancity Media Editor and may not be republished elsewhere without prior written permission from the Editor.
