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As signed by Pres. @MBuhari, the Nigerian govt plans to spend N8.92 TRILLION in 2019, of which N2.14tn goes into DEBT servicing.
Where will this money come from?
Where's it going to?
What are the priority sectors & projects?
Here's everything you MUST know about #2019Budget.
Where will this money come from?
Where's it going to?
What are the priority sectors & projects?
Here's everything you MUST know about #2019Budget.
#2019Budget: Where Will The Money Come From?
Oil Revenue: N3.69tn
Non-Oil Revenue: N3.31tn
IMPORTANT NOTE:
The projection has marginally stepped up from N6.97tn (as formally proposed) to N7trn. How feasible is this?
FG's total revenue as at Q3 of 2018 was N2.8tn.
Oil Revenue: N3.69tn
Non-Oil Revenue: N3.31tn
IMPORTANT NOTE:
The projection has marginally stepped up from N6.97tn (as formally proposed) to N7trn. How feasible is this?
FG's total revenue as at Q3 of 2018 was N2.8tn.
#2019Budget: Where Will The Money Go To?
More than N500 billion is already shared among below institutions and commissions as "statutory transfers."
From @nassnigeria to the Judiciary down to @inecnigeria etc, these bodies spend billions that no one reviews.
#AskQuestions
More than N500 billion is already shared among below institutions and commissions as "statutory transfers."
From @nassnigeria to the Judiciary down to @inecnigeria etc, these bodies spend billions that no one reviews.
#AskQuestions
#2019Budget: Where Will The Money Go To?
Non-debt recurrent expenditure takes the largest share at the rate of N4.07tn.
Personnel costs (including Overhead & Pensions) account for about 72% of the non-debt recurrent expenditure.
Follow the thread for further breakdown.
Non-debt recurrent expenditure takes the largest share at the rate of N4.07tn.
Personnel costs (including Overhead & Pensions) account for about 72% of the non-debt recurrent expenditure.
Follow the thread for further breakdown.
#2019Budget: Where Will The Money Go To?
As FG spends N100bn annually for "Constituency Projects" by @nassnigeria members, N65bn goes to @AsoRock "Presidential Amnesty Prog: Reintegration of Transformed Ex-Militants" in this year's budget alone.
There's zero transparency here.
As FG spends N100bn annually for "Constituency Projects" by @nassnigeria members, N65bn goes to @AsoRock "Presidential Amnesty Prog: Reintegration of Transformed Ex-Militants" in this year's budget alone.
There's zero transparency here.
#2019Budget: Where Will The Money Go To?
Here's the sectoral allocation of #2019Budget per ministry and NSA office.
From the next tweet, we delve into top projects for 2019 fiscal year.
Next.
Here's the sectoral allocation of #2019Budget per ministry and NSA office.
From the next tweet, we delve into top projects for 2019 fiscal year.
Next.
#2019Budget: Where Will The Money Go To?
These are the major railway & road projects in #2019Budget:
Lagos–Kano rail.
Calabar–Lagos rail.
Port Harcourt–Maiduguri rail.
Lagos–Otta road.
Enugu–Port Harcourt road.
Abuja–Lokoja road.
More in graphics below.
These are the major railway & road projects in #2019Budget:
Lagos–Kano rail.
Calabar–Lagos rail.
Port Harcourt–Maiduguri rail.
Lagos–Otta road.
Enugu–Port Harcourt road.
Abuja–Lokoja road.
More in graphics below.
#2019Budget: Where Will The Money Go To?
Top health & agric projects, e.g.:
N300m – Establishment, equipping and management of Child Mortality Prevention Centre
N2.27bn – National Grazing Reserves Development
Top health & agric projects, e.g.:
N300m – Establishment, equipping and management of Child Mortality Prevention Centre
N2.27bn – National Grazing Reserves Development
Here are the top education comm tech projects:
N232.1m – Construction of National Library of Nigeria HQ building
N150m – WiFi Network implementation in Lagos
N232.1m – Construction of National Library of Nigeria HQ building
N150m – WiFi Network implementation in Lagos
Top Women Affairs Project in #2019Budget.
Top projects in Niger Delta
You can download a pdf version the #2019Budget analysis from our website.
LINK: yourbudgit.com/wp-content/upl…
LINK: yourbudgit.com/wp-content/upl…
