Gabriel Omoh
3 December 2008
(Page 3 of 3)
By investing in human capital development through education and healthcare delivery, we can create a better future for the next generation.
HIGHLIGHTS
Total expenditure N2.87trn
Statutory Transfers N140.7bn
Debt Service N283.6bn
Recurrent Expenditure N1.649trn
Capital Expenditure N796.7bn
Benchmark oil price $45pb
Oil production 2.292mbpd
GDP Growth rate 8.9%
Inflation rate 8.2%
Projected revenue
collection N5.131trn
Oil revenues N2.9405trn
Non-oil revenues N1.973trn
Non-federation
Account items N217.5bn
Power N76.25bn
Petroleum N19.39bn
Roads & Bridges N75.46bn
Transport N29.1bn
Health N23.2bbn
Agriculture N46.9bn
Niger Delta N47.928bn
Security N7.538bn
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