Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,186,595 members, 7,929,917 topics. Date: Saturday, 24 August 2024 at 07:07 AM

Shocking Details Of Nigeria 2020 Revised Budget - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Shocking Details Of Nigeria 2020 Revised Budget (150 Views)

Soludo Presents ₦170 Billion Revised Budget / The Senate May Pass 2020 Revised Budget / Fayose Signs 2018 Revised Appropriation Bill Into Law,Tells HoR 2 Support Fayemi (2) (3) (4)

(1) (Reply)

Shocking Details Of Nigeria 2020 Revised Budget by Investogist: 9:05am On Aug 21, 2020
More details has emerged about the revised 2020 budget which has been signed into law by President Muhammadu Buhari on Friday 10 July 2020. The N10.8 trillion budget was passed by the Senate and House of Representatives on Thursday 11 June and Wednesday 10 June 2020 respectively.

According to the details revealed by BudgIT Nigeria, a civic tech organisation, raising the standards of transparency, citizen engagement & accountability most especially in public finance, just 3.8% (N414 bn) of the total budget was allocated to health sector, despite Covid-19 pandemic.

87.6% of allocation to health (N363bn) will be spent on personnel and admin costs, while just N51bn was set aside for capital projects in the Health Sector.

Allocations to Ministry of Agriculture is a paltry N160bn. This represents just 1.5% of the...


Read full article at https://investogist.com/shocking-details-of-nigeria-2020-revised-budget/

(1) (Reply)

CAMA Unacceptable, A Time Bomb- CAN / Gov Emmanuel's Pragmatic Approach To Leadership Remains Resolute / VP Osinbajo's Official Activities For Last Week

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 6
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.