At Last Nigeria 2016 Budget Found! The Budget Office has officially published the 2016 appropriation bill. The 2016 budget which was purported to have been missing can now be download online.

CONTENT

A Bill for an Act to authorise the issue from the Consolidated Revenue Fund of the Federation the total sum of =N= 6,077,680,000,000 (Six Trillion, Seventy-Seven Billion, Six Hundred and Eighty Million Naira) only,

N=351,370,000,000 (Three Hundred and Fifty-One Billion, Three Hundred and Seventy Million Naira) only is for Statutory Transfers,

N=1,475,320,000,000 (One Trillion, Four Hundred and Seventy-Five Billion, Three Hundred and Twenty Million Naira) only is for Debt Service,

N=2,648,600,000,000 (Two Trillion, Six Hundred and Forty-Eight Billion, Six Hundred Million Naira) only is for Recurrent (Non-Debt) Expenditure

N=1,845,540,000,000 (One Trillion, Eight Hundred and Forty-Five Billion, Five Hundred and Forty Million Naira) inclusive of =N=157,150,000,000 (One Hundred and Fifty-Seven Billion, One Hundred and Fifty Million Naira) Capital Expenditure in Statutory Transfers and =N=86,000,000,000 (Eighty-Six Billion Naira) as Interest on Capitalised Loans, is for contribution to the Development Fund for Capital Expenditure for the year ending on the 31st day of December, 2016.

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