Nigeria 2021 Budget Breakdown Pdf
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The spending plan is about 21 rise from the revised 2020.
Nigeria 2021 budget breakdown pdf. The deficit is expected to be financed by new borrowings privatisation proceeds and drawdown on loans secured for specific projects. The 2021 budget has a deficit of about n5 20tn approximately 3 64 of gdp. The proposed expenditure is n13 08 trillion about 34 billion.
Total revenue available to fund the 2021 federal budget is estimated at n7 886 trillion. Nigerian president muhammadu buhari on thursday presented a record 13 trillion naira budget for 2021 to members of the national assembly. Breakdown of the 2021 lagos state budget by lanrelagboi.
2021 2021 proposed budget analysis pdf download 2020 2020 approved budget analysis pdf download 2019 fg 2019 finance bill pdf download 2019 nigeria s debt status pdf download 2018 federal government 2018 pdf. This is above the 3 threshold set by the fiscal responsibility act due to the economic challenges attributable to covid 19. Budget of rekindled hope at the lagos state house of assembly lshaofficial chambers alausa ikeja on the 10th november 2020.
Governor of lagos state mr babajide sanwo olu jidesanwoolu presented the year 2021 budget estimates titled. The 2021 budget has a deficit of about n5 20tn approximately 3 64 of gdp. 2021 nigerian budget breakdown nigeria 2021 budget analysis nigeria 2021 budget pdf theme priorities of the 2021 budget distinguished english us español.
5 22am on nov 12 details. The price of crude oil is pegged at 40 per barrel with a daily production estimate of 1 86 million barrels. 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.
Nigeria s president muhammadu buhari has presented the 2021 national budget estimate to the national assembly. This is above the 3 threshold set by the fiscal responsibility act due to the economic challenges attributable to covid 19. The deficit is expected to be financed by new borrowings privatisation proceeds and drawdown on loans secured for specific projects.