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IN CASE YOU HAVE NOT HEARD: 2016 BUDGET IS A GO, THAT CHANGE IS HERE.


Minister of Budget and National Plannnig; Senator Udoma
Despite 2016 appropriate law becoming operational in the second quarter of the year, the federal government said it was targeting 100 per cent budget implementation for the year.
“Our aim will always be 100 per cent implementation,” the Minister of Budget and National Planning, Udoma Udoma, told State House correspondents on Friday, 6th of May.
“We know we started late and we may not achieve it but 100% achievement is our aim. The budget is a law, we will try to implement it as quickly as we can.’’

Although the minister said details of the approved budget would be given later, he however said what was assented to by the president was slightly lower than what he presented to the National Assembly on December 22, 2015. To ensure the 2017 budget did not suffer similar delay, the minister said the executive planned to submit the draft bill in October this year, to enable passage before the end of the year.
He said the ministry already sent a memo to the Executive Council of the Federation on the matter, securing approval was for a timetable for the early presentation of the 2017 budget.
The minister said the administration was determined to get the budget ready by December because the dry season remained the best time to commence budget implementation, particularly for road construction.
Though it yet to be announced officially but some Nigerians have this details as it it God knows from where:
NIGERIA'S BUDGET 2015 & 2016 COMPARED:
ROADS:
2016 - #268bn
2015 - #18bn
POWER:
2016 - #99bn
2015 - #5bn
HOUSING:
2016 - #66bn
2015 - #1.8bn
TOTAL:
2016 - #433bn
2015 - #24.8bn
OIL BENCHMARK:
2016 - $38/barrel
2015 - $52/barrel. 
They also had this to include as the reason why the budgets differ so much in both tenure/years.
EXPLANATION:
2016: People's money put into people's project unlike 2015 budget.
2015: People's money put into private pockets.

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