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A QUICK GUIDE TO NIGERIAN FEDERAL GOVT'S 2021 BUDGET

How much is the BUDGET?

How will the BUDGET BE FUNDED?

How will the BUDGET BE SPENT?

#Thread #Budget2021CitizensGuide

#StatiSense

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HOW MUCH IS THE 2021 BUDGET

Total Budget: ₦13.588 trillion, 29.3% more than the 2020 Budget.

Breakdown:
Statutory Transfers: ₦496.53bn [3.65%]

Debt Service: ₦3.32tn [24.47%]

Recurrent Expenditure: ₦5.64tn [41.52%]

Capital Expenditure: ₦4.13tn [30.36%]

#StatiSense
-2-
HOW WILL THE BUDGET BE FUNDED?

2021 Budget = 2021 Revenue + 2021 Deficit

2021 Revenue: ₦7.986tn [58.78%]
2021 Deficit: ₦5.60tn [41.22%]

2021 Budget: ₦13.588 trillion

#StatiSense
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