BUDGET 2016

NASS slashes, passes N6.06trn 2016 budget

The National Assembly, yesterday, passed a N6.06 trillion 2016 budget into law, following a motion by the Chairman, Joint Committee on Appropriations, Senator Danjuma Goje, seconded by Senator Andy Uba, thus reducing the President’s proposal by N17 billion. While the President proposed a budget of N6.07 trillion, the National Assembly slashed it to N6.06trillion. The 2016 budget had been trailed by allegations of padding which delayed its passage.

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