Breaking news PMB submit 2017 Budget

PMB Submits 2017 Budget Proposal To NASS Today.

BULLET POINTS:

● Total = N7.3 Trillion

● Capital Expenditure = N2 Trillion

● Recurrent Expenditure = N1.8 Trillion

● Debt Service = N1.6Trillion

● Oil Revenue Generation Target = N5 Trillion

● Non-Oil Revenue Generation Target = N5 Trillion

● Crude Oil Benchmark = $42/Per Barrel

● Crude Oil Production Target = 2.2 Million Barrels Per Day

● Exchange Rate = $/N305