Buhari Proposes N8.8trn Budget For 2019

On December 19, 2018 5 Comments

President Muhammadu Buhari has proposed N8.83 trillion naira budget for 2019 to the joint session of the National Assembly.

The presentation of the budget was presented under a rowdy session with opposition lawmakers repeatedly booing the President as he listed his achievements.

The budget proposal was prepared based on the following assumptions: Oil price: $60 per barrel of oil production rate: 2.3 million barrels per day exchange rate: N305 to $1 Real GDP growth: 3.01 per cent inflation rate: 9.98 per cent.


Below are some of the breakdown of the 2019 budget

Recurrent – N4.04 trillion

Debt service – N2.14 trillion

Statutory transfer – N492.36 billion

Sinking fund – N120 billion

Capital expenditure – N2.031 trillion


Comments (5)

  1. Anonymous says:

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  2. Anonymous says:

    Buhari your good on presentation; implementation is zero. Where is the so called recovered loot? Abi you want to carry it to Sudan if you like propose 100.5trn your already on injury time. Sudan is loading……….

  3. Anonymous says:

    One thing i know for sure is that jubril ur death is near cause u don’t know the cabals very well, they’re ready to exterminate u just to keep their secret tight.#UnmaskJubril#BiafraIsHere#

  4. Anonymous says:

    Back to sender, this is the new meat season, buhari you get power in Nigeria but God pass you this time, how far this type of budget or bondage of you buhari go and have a seat,

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