2021 Budget Nigeria Breakdown Pdf

Nigerian president muhammadu buhari on thursday presented a record 13 trillion naira budget for 2021 to members of the national assembly.

2021 budget nigeria breakdown pdf. Nigeria s president muhammadu buhari has presented the 2021 national budget estimate to the national assembly. President s presentation of a revised 2020 budget on 28th may 2020 which was signed into law on 10th. The 2021 budget has a deficit of about n5 20tn approximately 3 64 of gdp.

2021 budget speech 08 10 2020 2021 appropriation bill 08 10 2020 2021 fgn executive proposal 08 10 2020 revised 2021 2023 medium term fiscal framework 08 10 2020 2020 second quarter and half year bir 07 10 2020. Zainab ahmed presented details of the n13 08tr 2021. Highlights the 2021 budget has a deficit of about n5 20tn approximately 3 64 of gdp.

Total revenue available to fund the 2021 federal budget is estimated at n7 886 trillion. Ministry of budget and national planning. The proposed expenditure is n13 08 trillion about 34 billion.

2021 nigerian budget breakdown pdf download federal government revenue estimates the fiscal assumptions and parameters total federally distributable revenue is estimated at n8 433 trillion in 2021. 5 22am on nov 12 details. Honourable minister of finance budget and national planning presented the 2021 budget proposal the minister of finance budget and national planning zainab shamsuna ahmed explained that the macroeconomic environment was significantly disrupted by the covid 19 pandemic necessitating mr.

2020 appropriation act the 2021 budget which has been themed the budget of economic recovery and resilience is designed to deliver on the government s economic sustainability plan goals accelerate the pace of nigeria s economic recovery promote economic diversification enhance competitiveness and ensure social inclusion. The spending plan is about 21 rise from the revised 2020. Governor of lagos state mr babajide sanwo olu jidesanwoolu presented the year 2021 budget estimates titled.

Breakdown of the 2021 lagos state budget by lanrelagboi. The price of crude oil is pegged at 40 per barrel with a daily production estimate of 1 86 million barrels. This is above the 3 threshold set by the fiscal responsibility act due to the economic challenges attributable to covid 19.