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  • 8 minutes ago PDP is not dead, critics just dreaming – Bode George
  • 29 minutes ago Reps demand 2025 Rivers budget breakdown, question N24b for CCTV cameras
  • 53 minutes ago Interfaith media group felicitates Anaba on re-election as NGE President
Home Tag Archives: Budget deficit

Tag Archives: Budget deficit

Economy

Buhari may leave N39.1t debt for successor; borrows N31t in 8 years

By Breezynews
16 October 2022
in :  Economy
0
128

In its eight-year reign, the Muhammadu Buhari administration budgeted N93.45 trillion (2016 to 2023 budgets). But 72.1 percent of that figure, amounting to N67.4 trillion, was committed to recurrent expenditure, leaving 27.9 percent for capital spending on infrastructure in health, works, education and other sectors. Recurrent expenditure includes salaries, emoluments and allowances of public officers and civil servants. On the …

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