The Federal Executive Council (FEC) has approved N13.08 trillion for the 2021 Budget.
The 2021 Budget is predicated upon an oil benchmark of $40 per barrel.
The Senior Special Adviser to President Muhammadu Buhari on Public Affairs, Mr. Ajuri Ngelale, disclosed this on Wednesday.
The approval is coming ahead of the budget presentation by President Buhari to the National Assembly next week.
Ngelale announced: “The Federal Executive Council has projected a N13.08 trillion budget for the 2021 fiscal year.
“It is predicated upon an oil benchmark of $40/bl. Proposed Capital Expenditure stands at N2.03tn.”
DISCLAIMER : Opinion articles are solely the responsibility of the author and does not necessarily reflect the views of the publishers of ElombahNews!
Would you like to be receiving ALL Elombah.com links ‘On The Go’ on WhatsApp Or Telegram? If yes, join us here on WhatsApp or Telegram, or provide us your Telephone number via email@example.com or sms/inbox +2349050382526 and you are good to go!
DOWNLOAD The ElombahNews (Elombah.com) Mobile App Here
Send eyewitness accounts/ reports/ articles to firstname.lastname@example.org; follow us on twitter @ElombahNews; like our Facebook page: ElombahNews
For adverts & inquiries, call +447460770987, +2349050382526
You may be interested
#EndSars : ”At a point, the protests got out of control” – Williams Uchembaadmin - October 25, 2020
Popular Nollywood Actor, Philanthropist and Comedian, Williams Uchemba has bared his thoughts on the sad turn the #ENDSars protests took…
Hijacked #EndSars Protest : Lagos government prosecutes 229 hoodlumsadmin - October 25, 2020
The Lagos state government has commenced the prosecution of 229 hoodlums over the destruction and looting of public and private…
#EndSars organisers suspend protest as Police chief orders crackdownadmin - October 25, 2020
<!-- #EndSars organisers suspend protest as Police chief orders crackdown - ElombahNews HomeEconomy#EndSars organisers suspend protest as Police chief orders…