President Buhari presents 2016 budget today

President Muhammadu Buhari presents the 2016 budget, appropriation Bill to the joint session of the National Assembly comprising the Senate and the House of Representatives today, there were strong indications, yesterday, that the lawmakers are ready to ensure speedy passage of the bill.

Last Wednesday, the Senate  approved the Medium Term and Expenditure Framework (MTEF) and Fiscal Strategy Paper, FSP submitted by the Federal Government, just as it approved Crude Oil Benchmark price of US$38 per barrel for 2016 despite the global dwindling crude oil price to $36 per barrel as at Monday from the $40 per barrel.