2016 budget fec approves n6tr

I think there may be a small mistake there!

The Federal Executive Council (FEC) approved a budget of N6.06 trillion for 2016, not N6tr.

The 2016 budget was presented to the National Assembly by President Muhammadu Buhari in December 2015, and it was later approved by the Federal Executive Council on December 18, 2015. The budget was designed to stimulate economic growth, reduce unemployment, and improve infrastructure development in Nigeria.

Here's a breakdown of the 2016 budget:

• Capital Expenditure: N1.8 trillion
• Recurrent Expenditure: N2.6 trillion
• Debt Service: N1.3 trillion
• Statutory Transfers: N434 billion
• Sinking Fund: N220 billion
• Total Budget: N6.06 trillion

I hope this clears up any confusion!