BREAKING NEWS: President Buhari Signs 2016 Budget

The President has signed the 2016 budget into law.



He signing ceremony took place in the presence of the Vice President, Professor Yemi Osinbajo, and the chairmen of the National Assembly appropriation committees who had arrived the Presidency for the signing ceremony.

Today’s event comes after the National Assembly submitted a clean copy of the budget to the President.

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The President had withheld assent after some alterations were noticed in the document.

The government announced yesterday it had mapped out 34 strategic priority programmes and projects it intended to achieve with the 2016 budget.

These include a capital spend minimum of 30% annually, an appropriate and predictable exchange regime by the end of 2016, increased low interest lending rate of 9%, self-sufficiency in tomato paste in 2016 and rice production by 2018.

It also plans to increase local production of maize, soya beans, poultry and livestock and to stop import.



Source: channelstv


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  1. koleex says


  2. Tosin says

    Finally. this is what have being waiting for.

  3. Dantata says

    Say buhari

  4. sonystar says


  5. amazing says

    Buhari don sign Budget, Ayakata

  6. Abu says

    Good news

  7. Sharks says

    Hope it is utilised well

  8. Deji says

    Yes good news @abu

  9. osed says

    nice one from president

  10. blackbone says


  11. yusufbolaji says

    thank God.

  12. Lad says

    So what’s the next thing

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