Budget 2016 will revive economy, says Buhari

Written by on December 23, 2015

President Muhammadu BuhariPRESIDENT Muhammadu Buhari, yesterday, apologized to Nigerians over the persistent and biting fuel scarcity in the country and attributed the problem to market speculators and stakeholders who are resistant to change. He assured that the government was working hard to end the shortages urgently.

President Buhari who begged Nigerians while presenting the six point zero-eight trillion naira 2016 budget to a joint session of the National Assembly, said the government has not increased fuel price and that the pump price of fuel remains eighty-seven naira per liter. The President disclosed that thirty per cent of Nigeria’s annual budget will be committed to capital expenditure.

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