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Bokanarewa Profile picture
Bokanarewa
@Bokanarewa_
Media and Policy Analysts Contact: bokanarewa@gmail.com for more info
Jun 3, 2020 • 7 tweets • 7 min read
OPINION ON THE BUDGET ALLEGATIONS
In Nigerian finance we have
1. Consolidate Revenue Fund.
2. Federation Account.

The Nigerian Budget has 4 components;
1. Statutory Allocation:
This money, even if Fire is raining, no one can touch it..it's a must and be given.
#BokanArewa It's mostly allocated from the CRF that's why you'd see UBE getting 2% of CRF,
UBHPF getting 1%, INEC, NASS all get their allocation from FG and it's backed by law.
Nass has no check and balance, all they do is backed by the law.
#BokanArewa