Details of #Budget2016 by the Ministry of Budget and National Planning

The Budget Overview event kicks off. Ministers of Budget, Defence, Water Resources, Finance, Niger Delta are all present.


The FG will spend, not just for today, but for tomorrow: Emphasis on infrastructure & social investment #Budget2016 This is the first full-year budget of this administration. It was signed into law on May 6, 2016 says Minister Udoma.

Drastic fall in oil price: $114/Jun2014 - $38/Dec2015 -General weakening of economic growth in developing market economies #BudgetNG2016 . Primary goal of the 2016 budget is to reflate and reposition the economy for Change.

FG Stands on Sanitizing and Trial in NNPC Unchangeable, President Buhari Tells Chinese Xi Jinping

WE'VE BEGUN SANITIZING NNPC TO MAKE IT FREE OF CORRUPTION AND SHADY DEALS/TRIAL OF THOSE WHO MISAPPROPRIATED NNPC REVENUES WILL BEGIN SOON - BUHARI

President M. Buhari and Chinese Xi Jinping

President Muhammadu Buhari Sunday in New York restated his determination to fully sanitize Nigeria's oil industry and make it totally free of corruption and shady deals.


Speaking at a meeting with President Xi Jinping on the sidelines of the 70th General Assembly of the United Nations, President Buhari said that a necessary first step in this direction had already been taken with the appointment of a new management for the Nigerian National Petroleum Corporation (NNPC) and its subsequent reorganisation .

The President said that the prosecution of those who misappropriated the NNPC's revenue under past administrations will soon commence.