President Muhammadu Buhari will go-ahead to present the 2016 budget to a joint session of the National Assembly on Tuesday (today).
The Minister of Information and Culture, Alhaji Lai Mohammed; and the Minister of Budget and National Planning, Senator Udo Udoma, disclosed this to State House correspondents at the end of the council’s meeting presided over by the President.
The Federal Executive Council yesterday approved the final draft of the N6 trillion budget with an unprecedented capital vote of N2 trillion.
The budget is based on an oil bench mark of $38per barrel and a daily crude oil production of 2.5 million barrels per day.
