How Much Is Nigeria Budget For 2024. Last updated nov 29, 2023. The budget office of the federation was established to provide budget function, implement budget and fiscal policies of the federal government of nigeria.
The federal government of nigeria recently presented the 2024 budget proposal to the national assembly. Before passing it, nass increased the budget size.
Infrastructure, Defence, Social Development &Amp; Poverty Reduction Were Allocated N1.32 Trillion (Five Percent), N3.25 Trillion (12 %) And N534 Billion (Two.
Nigeria’s 2024 budget and the debt constraints.
President Bola Tinubu On Wednesday Outlined 2024 Spending Plans Projected At 27.5 Trillion Naira ($34.7 Billion), Of Which 30% Will Go To Pay Borrowing.
The aggregate amount available for capital expenditures in the 2024 budget is n8.70 trillion, higher than the 2023 provision of n8.43 trillion.
Before Passing It, Nass Increased The Budget Size.
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The Budget Minister, Who Also Spoke On The Level Of Borrowing To Fund The Deficit In The 2024 Budget, Said The Difference Between This Year’s Borrowing Compared.
The size of what was submitted by president bola tinubu to the national assembly was put at ₦27.5 trillion as a proposal.
The National Assembly, Has Passed The Harmonised 2024 Appropriation Bill Totalling N28.77Tn.
Based on the provided data, here are the nigerian states that allocated at least 15% of their budget to the health sector in 2024:
Inflation Is Expected To Moderate To 21.4 Percent In 2024.