Information available to our news desk disclosed that Nigeria 2016
budget is currently being prepared and will amount to N8 Trillion. It
would be recalled that 2015 Budget by the former administration was N4.4
Trillion. Edeson Online News monitored the recently held
PRESIDENTIAL RETREAT With Ministerial designates where the Vice
President Yemi Osinbajo revealed the 2016 budget details in a paper
entitled: “The Economy – Where We are today”.
Osibanjo stated that
the budget process will be zero based, a method of budgeting by which
all expenses must be justified for each new budget year. He also said
Capital expenditure will take the lion share in the budget with a 40%
increase.
……………….
ENDY EDESON Reporting
for EDESON ONLINE NEWS
FACEBOOK COMMENTS
……………….
ENDY EDESON Reporting
for EDESON ONLINE NEWS
FACEBOOK COMMENTS
Jesse Osayande Vucinic Ehiagwina
Budgeting is fairly easy, but making the budget work is the challenge.
Endy Edeson
at the end of the day, recurrent expenditure may even take lion share
Jesse Osayande Vucinic Ehiagwina
We
have too much recurrent. That's not much of an issue if we've been
making them work. We've carried over much of them and that's why they
keep coming up on every year. It has to be addressed.
John Ifiok
Agree totally with you #Jesse