President Muhammad Buhari, this morning presented the N6.08 trillion 2016 budget to the National Assembly members. During his speech, PMB said Nigeria remains committed to diversification to build and reflate the economy. On current fuel scarcity, Buhari apologized to Nigerians and blamed it on some stakeholders who have refused to embrace change. He said fuel pump price will remain at N87 for now
He said the trust in government is at an all time low but that his government will not betray the trust put on them. He said his government has the will,resources and commitment to deliver to the Nigerian s
He announced that a conditional cash transfer to the poor will be created and it will be managed by the vice-president's office. On the educational sector, Buhari said 500,000 teachers will be recruited.
On the diversification of the economy, Buhari said young farmers and miners will be encouraged. He added that N1.884 trillion shall be borrowed to fund the budget.
