FEC okays N13.08trn 2021 budget estimate

The Federal Executive Council has approved a budget estimate of N 13. 08trn for the 2021 fiscal year.

The fiscal document was approved at a meeting of the council on Wednesday presided over by President Muhammadu Buhari.

The Minister of Finance , Budget and National Planning, Zainab Ahmed, disclosed this to State House correspondents at the end of the meeting .

The minister said the budget proposal is predicated on N 379 per dollar exchange rate ; oil benchmark of $40 barrel per day; and oil production volume of 1. 86 million per day.

  • Related Posts

    FULL SPEECH: Tinubu projects lower inflation, stronger growth in 2026 New Year address

      President Bola Tinubu on Thursday said 2026 would mark the beginning of a more robust phase of economic growth for Nigeria, citing moderating inflation, improved foreign reserves, rising investment…

    Nigeria’s inflation eases to 14.45% in November, says NBS

      Nigeria’s headline inflation rate eased further in November 2025 as consumer price pressures moderated under the new base year, according to the latest Consumer Price Index report released by…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Nigerians can record police officers during stop-and-search operations, court rules

    • By admin
    • March 18, 2026
    • 1 views
    Nigerians can record police officers during stop-and-search operations, court rules

    Nigerian, one other arrested in Kenya over suspected narcotics trafficking

    • By admin
    • March 18, 2026
    • 2 views
    Nigerian, one other arrested in Kenya over suspected narcotics trafficking

    Iran Executes Man Convicted Of Spying For Israel

    • By admin
    • March 18, 2026
    • 2 views
    Iran Executes Man Convicted Of Spying For Israel

    Israel vows to find and ‘neutralise’ Iran’s new supreme leader

    • By admin
    • March 17, 2026
    • 3 views
    Israel vows to find and ‘neutralise’ Iran’s new supreme leader

    18 Killed, Several Injured As Bandits Launch Reprisal Attack In Katsina

    • By admin
    • March 17, 2026
    • 3 views
    18 Killed, Several Injured As Bandits Launch Reprisal Attack In Katsina

    SEC shuts 400 illegal investment platforms in three years

    • By admin
    • March 17, 2026
    • 4 views
    SEC shuts 400 illegal investment platforms in three years