Showing posts with label 2015 budget. Show all posts
Showing posts with label 2015 budget. Show all posts

Wednesday, 17 December 2014

Finance Minister to present 2015 Budget today

Finance minister and co-ordinating minister for the economy, Ngozi Okonjo-Iweala, will today present the 2015 budget estimates separately to the two chambers of the National Assembly.
The total budget figure to be presented by the minister is N4.357.96 trillion. Out of this amount, government proposed N627billion for capital expenditure and N2.622 trillion for recurrent expenditure.
The Federal Government had  returned the revised 2015-2017 Medium Term Expenditure Framework (MTEF) to the Senate to ratify the adjustments carried out on the document, in tandem with  current realities in the oil market.
This is the second time President Goodluck Jonathan has