All APC Chiefs Hide In Shame, As President Buhari Presents The 2019 Budget Under The Most Controversial Circumstances – SEE TOTAL BREAKDOWN

By Post-Nigeria: December 19, 2018 14:55

All APC Chiefs Hide In Shame, As President Buhari Presents The 2019 Budget Under The Most Controversial Circumstances – SEE TOTAL BREAKDOWN

President Muhammadu Buhari, has on Wednesday, finally presented the 2019 Budget.

President Buhari proposed a Budget of N8.83 trillion, for 2019.

The President presented the budget at a joint session of the National Assembly, on Wednesday.

The proposed Budget shows that about a quarter of the sum (N2.14 trillion), will be used for debt servicing, while capital expenditure is expected to gulp N2.031 trillion.

See more breakdown below.

Recurrent – N4.04 trillion

Debt service – N2.14 trillion

Statutory transfer – N492.36 billion

Sinking fund – N120 billion

Capital expenditure – N2.031 trillion

More later…

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