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4 Jan, 10 tweets, 4 min read

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

-1-

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
-3-

HOW WILL THE BUDGET BE FUNDED? - Cont'd.

Where will the Revenue of ₦7.99tn come from?

Share of Fed Revenues: ₦3.50tn
Independent Revenues: ₦1.06tn
Aids and Grants: ₦354.85bn
Special Funds/Account: ₦300bn
Govt-Owned Enterprises: ₦1.35tn
Others: ₦1.42tn

#StatiSense
-4-

HOW WILL THE BUDGET BE FUNDED? - Cont'd.

Where will the Deficit of ₦5.60tn come from?

Debt Financing: ₦4.69tn

Asset Sales/Privatization: ₦205.15bn

Multi/Bilateral Project-tied Loan: ₦709.69bn

#StatiSense
-5-

HOW WILL THE BUDGET BE SPENT?

The BUDGET has 4 Components:

#1 STATUTORY TRANSFERS: ₦496.53bn

#1 NJC: ₦110bn
#2 NDDC: ₦63.51bn
#3 UBEC: ₦70.05bn
#4 NASS: ₦134bn
#5 PCC: ₦8.69bn
#6 INEC: ₦40bn
#7 NHRC: ₦3.92bn
#8 NEDC: ₦31.33bn
#9 BHCF: ₦35.03bn

#StatiSense
-6-

Cont'd.

#2 DEBT SERVICE: ₦3.32tn

Domestic Debts: ₦2.183tn

Foreign Debts: ₦940.89bn

Sinking Fund to Retire Maturing Loans: ₦200bn

#StatiSense
-7-

Cont'd.

#3 RECURRENT EXPENDITURE: ₦5.64tn - Salaries, Allowances etc

#4 CAPITAL EXPENDITURE: ₦4.13tn - Projects, Infrastructures, etc

Top Allocations to MDA:
#1 Defence: ₦966.4bn
#2 Education: ₦701.4bn
#3 Health: ₦514.8bn
#4 Police Affairs: ₦455.1bn

#StatiSense
-8-

Cont'd.

#5 Works & Housing: ₦430.4bn
#6 Fin, Budget & Nat Pl.: ₦398.5bn
#7 Agric & Rural Devt: ₦280.3bn
#8 Interior: ₦265.7bn
#9 Transport: ₦223.96bn
#10 Power: ₦212.8bn
#11 Youths & Sports: ₦181.3bn
#12 Sec to Govt: ₦179.7bn
#13 Water Res.: ₦169.8bn

#StatiSense
-9-

Cont'd.

#14 Science & Tech: ₦157.8bn
#15 Foreign Affairs: ₦83.6bn
#16 Humanitarian: ₦82.1bn
#17 Ind, Trade & Inv: ₦80.9bn
#18 Aviation: ₦77.2bn
#19 Labour & Emp: ₦70bn
#20 Info & Culture: ₦72.8bn

#StatiSense
-10-

END.

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More from @StatiSense

StatiSense

@StatiSense

30 Dec 20

WHAT NIGERIA PRODUCES AND ITS RANKING IN THE WORLD

Cassava, 1st in the World
Melonseed, 1st
Cow peas, dry, 1st
Cocoyam🌰, 1st
Yams, 1st
Kola nuts, 1st
Sheanuts, 1st

Fonio, 2nd
Sorghum, 2nd
Ginger, 2nd
Okra, 2nd
Fruit, citrus🍊, 2nd
Sweet potatoes, 2nd

#StatiSense
(FAO)

/1

Cont'd.

Groundnuts, with shell, 2nd
Maize, green, 2nd

Oil palm fruit🌴, 4th
Cocoa, beans, 4th
Millet🌾, 4th

Pulses, 5th
Plantains and others, 5th
Sesame seed, 5th

Vegetables, 6th

Chillies and peppers, green, 7th
Onions, shallots, green, 7th
Papayas, 7th

#StatiSense

/2

Cont'd.

Pineapples🍍, 8th

Fruit, fresh, 9th

Chillies and peppers, dry, 11th
Tomatoes🍅, 11th
Spices, 11th

Mangoes, mangosteens, guavas, 12th
Oilcrops, 12th

Rice, paddy, 13th
Fruit, 13th
Rubber, natural, 13th

#StatiSense

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Read 5 tweets

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@StatiSense

30 Dec 20

NIGERIA'S RATING IN GLOBAL INDICES PUBLISHED 2020

Basel AML Index: 14th /141

Corruption Perception Index: 146th/180

Democracy Index: 109th/167

Global Economic Freedom Index: 116th/186

Global Gender Gap Index: 128th/153

Global Innovation Index: 117th/131

#StatiSense

/1

NIGERIA'S RATING IN GLOBAL INDICES PUBLISHED 2020 - cont'd.

Global Kids Right Index: 172th/182

Global Peace Index: 147th/163

Global Talent competitiveness Index: 112th/132

Global Terrorism Index: 3rd/166

Human Development Index: 161st/189

#StatiSense
/2

Cont'd.

Inclusive Internet Index: 66th/100

Int'l Intellectual Property Index: 50th/53

MIWE (MasterCard Index of Women Entrepreneurs): 46th/58

Multidimensional Poverty Index: 20th/83

Social Progress Index: 136th/163

The Human Freedom Index: 131st/162

#StatiSense

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Read 4 tweets

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@StatiSense

16 Aug 20

@nigerianstat

UNDERSTANDING NIGERIA'S LABOUR FORCE STATISTICS - The Facts & the Figures.

#Thread

#1 The NBS @nigerianstat publishes the Labour Force Statistics quarterly.

#2 The report was not published for 6 quarters, missing Q4 2018, all of 2019, and Q1 2020.

#StatiSense

Cont'd.

#3 The latest report is for Q2 2020 and was published Aug 14, 2020 having published the last Q3 2018.

KEY TERMS & DEFINITIONS

#4 Nigeria's population is divided into 2;

1. Working Age population [15-64yrs]

2. Non-working Age population. [0-14 & 65yrs+]

#StatiSense

Cont'd.

#5 Working Age Population as at Q2 2020 is 116.9m

#6 For some within 15 & 64yrs age range that can't work like Students, Housewives, etc, we then have Labour Force Population

#7 Labour Force Population: People who are able & are willing to work. Now 80.3m

#StatiSense

Read 17 tweets

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@StatiSense

12 Aug 20

NIGERIAN GOVERNORS, AGE & PARTY

44, APC: Yahaya Bello [Kogi]
50, APC: BabaGana Umara [Borno]
51, PDP: Bello Matawalle[Zamfara]
52, APC: Mai Mala Buni [Yobe]
52, PDP: Nyesom Wike [Rivers]
52, PDP: Oluwaseyi Makinde [Oyo]
52, PDP: Benedict Ayade [Cross River]

#StatiSense

Cont'd. Governor, Age & Party

52, PDP: Ahmadu Fintiri [Adamawa]
52, APC: Abubakar Bello [Niger]
53, PDP: Udom Emmanuel [A/Ibom]
54, PDP: Aminu Tambuwal [Sokoto]
54, APC: Babajide Sanwo-Olu [Lagos]
55, PDP: Okezie Ikpeazu [Abia]
55, APC: Kayode Fayemi [Ekiti]

#StatiSense

Cont'd. Governor, Age & Party

56, PDP: Dave Umahi [Ebonyi]
56, PDP: Ifeanyi Ugwuanyi [Enugu]
57, APC: Simon Lalong [Plateau]
57, APC: Badaru Abubakar [Jigawa]
58, APC: Abubakar Bagudu [Kebbi]
58, APC: Muhammad Yahaya [Gombe]
59, PDP: Samuel Ortom [Benue]

#StatiSense

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@StatiSense

4 Aug 20

LOANS OBTAINED FROM CHINA EXIM BANK - MAR 31, 2020

#1 Nigeria National Public Security communication system project
Loan Amount: $399.50m
Agreement Date: Dec 20, 2010
Maturity Date: 21-Sep-30
Tenor: 20yrs

#StatiSense

(DMO)

Cont'd.

#2 Nigerian Railway Modification Project (Udu-Kaduna section)
Amount: $500.00m
Agreement Date: Dec 20, 2010
Maturity: Sep 21, 2030
Tenor: 20yrs

#3 Abuja Ligh Rail Project
LAmount: $500.00m
Agreement Date: Nov 7, 2012
Maturity: Sep 21, 2032
Tenor: 20yrs

#StatiSense

Contd.

#4 Nigerian ICT Infras Backbone Project
Amount: $100m
Agreement Date: Jan 5, 2013
Maturity: 21-Sep-32
Tenor: 20yrs

#5 Nigerian 4 Airport Terminal Expansion Project (Abj, Kano, Lag & PH
Amount: $500m
Agreement: Jul 10, 2013
Maturity: 21-Sep-34
Tenor: 20yrs

#StatiSense

Read 6 tweets

StatiSense

@StatiSense

4 Jul 20

2019 INTERNALLY GENERATED REVENUE BY ZONE

SOUTH WEST: N553.01Bn

SOUTH SOUTH: N305.79Bn

NORTH CENTRAL: N179.55Bn

NORTH WEST: N148.76Bn

SOUTH EAST: N95.76Bn

NORTH EAST: N51.36Bn

#StatiSense

(NBS/OAGF)

INTERNALLY GENERATED REVENUE PER CAPITA - BY ZONE

SOUTH WEST: N13,553

SOUTH SOUTH: N9,959

NORTH CENTRAL: N5,684

SOUTH EAST: N4,114

NORTH WEST: N2,857

NORTH EAST: N1,832

#StatiSense

(NBS/OAGF)

2019 INTERNALLY GENERATED REVENUE - BY STATE

NORTH CENTRAL
FCT: N74.56b
Kwara: N30.65b
Benue: N17.85b
Plateau: N16.48b
Kogi: N16.39b
Niger: N12.77b
Nassarawa: N10.86b

NORTH EAST
Bauchi: N11.70b
Adamawa: N9.70b
Yobe: N8.44b
Borno: N8.18b
Gombe: N6.80b
Taraba: N6.53b

#StatiSense

Read 5 tweets

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