2016 Budget: FG allocates N221.7bn to health sector
President Buhari, presenting the 2016 Appropriation Bill to a joint session of the national assembly in Abuja
President Muhammadu Buhari on Tuesday said a total sum of N221.7 billion would be spent on health sector in 2016 – about N38 billion less than the 2015 allocation of N259.7 billion.
The President presented a N6.08 trillion budget for the fiscal year 2016 to a joint session of the National Assembly.
In the budget, capital expenditure takes N1.8 trillion, marking a significant over 300 per cent increment from the 2015 vote of N557 billion.
Giving a breakdown of the budget President Buhari said: “We will devote a significant portion of our recurrent expenditure to institutions that provide critical government services. We will spend N369.6 billion in Education; N294.5 billion in Defence; N221.7 billion in Health and N145.3 billion in the Ministry of Interior. This will ensure our teachers, armed forces personnel, doctors, nurses, police men, fire fighters, prison service officers and many more critical service providers are paid competitively and on time.”
More details and analyses of the budget will come soon.
About author
You might also like
Nigeria must get involved in clinical trials – Prof. Odedina
Prof. Odedina As Nigeria prepares for the first ever Clinical Trial Congress in Lagos from November 13 to 16, the convener, Prof. Folakemi Odedina a USA-based cancer scientist says the
Group tasks Nigerian journalists on family planning awareness
• Says media coverage is low Amid calls on stakeholders to step up efforts towards urgent reduction of Nigeria’s escalating high/ maternal death rate, journalists have been urged to join
Nigeria’s first Coronavirus case discharged
The first case of Coronavirus in Nigeria, an Italian who flew into the country via Istanbul, has been cured and discharged, Governor Babajide Sanwo-Olu has announced. Goovernor Sanwo-Olu, who is
0 Comments
No Comments Yet!
You can be first to comment this post!