Monday, January 18, 2016

2016 BUDGET, PMB MAKES MASSIVE REDUCTION.

President Muhammadu Buhari has made massive reductions in the revised 2016 national budget.
President Buhari addressing the Nigerian parliament. The presidency has made a massive cut in the 2016 Budget
The presidency has drastically cut its N8.09 billion provision in the 2016 budget for the purchase of various brands of vehicles for State House operations during the year
Premium Times reports that a review of the fresh copy of the budget uploaded to the website of the Budget Office of the Federation on Friday, January 15, showed a massive cut by about 83.5% in the total allocation for the vehicles.
According to the revised budget, the government will now spend only N1.34 billion to buy only five BMW saloon cars and jeeps as well as buses for use by the Presidency during the year.


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