FGN 2016 BUDGET

2016 APPROPRIATION BILL  Get Details Here 

 2016 BUDGET SPEECH

2016 Budget Speech “The Budget of Change” Delivered By His Excellency, Muhammadu Buhari President, Federal Republic of Nigeria To A Joint Session of the National Assembly

I am honoured and privileged to present the 2016 Budget proposal. This is my first address before this joint session of the National Assembly. I have come here today, not only to address members of the National Assembly, but also to speak directly to the men and women who placed us here

I know the state of our economy is a source of concern for many. This has been further worsened by the unbridled corruption and security challenges we have faced in the last few years. From those who have lost their jobs, to those young people who have never had a job, to the people in the North East whose families and businesses were destroyed by insurgents, this has been a difficult period in our nation’s history, lessons that we must not forget or ignore, as we plan for the future. .. READ MORE

2016 APPROPRIATION BILL SUMMARY  ... CLICK TO GET DETAILS

2015 BUDGET PROPOSAL OVER VIEW

“A Transition Budget”DR. NGOZI OKONJO-IWEALA

FORMER CO-ORDINATING MINISTER FOR THE ECONOMY AND FORMER MINISTER OF FINANCE.17 December, 2014.
I am pleased to welcome you all to this public presentation of the proposed Federal Government Budget for 2015. As I present the fourth budget of this Administration which is the last before the general elections, I can say with confidence that significant achievements have been recorded by the Federal Government to deliver on its commitments. Let me first express my profound appreciation to H.E President Goodluck Ebele Jonathan whose leadership and commitment have made economic achievements possible. Let me also thank H.E Vice President Namadi Sambo whose guidance on numerous ...
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NATIONAL ASSEMBLY ASSUMPTIONS (PRICE PER BARREL OF US$ 53 VOLUME 2,278,200 PER DAY AND EXCHANGE RATE OF =N= 190 PER US$1) FEDERALLY COLLECTIBLE REVENUE FOR 2015 (REVENUE FRAMEWORK) ..Read more

 

2014-2016 MEDIUM TERM EXPENDITURE FRAMEWORK & FISCAL STRATEGY PAPER

The Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) provide the basis for annual budget planning. They consist of a macroeconomic framework that indicates fiscal targets and estimates revenues and expenditure, including government financial obligations in the medium term. The documents also set out the underlying assumptions for these projections, provide an evaluation and analysis of the previous budget and present an overview of consolidated debt and potential fiscal risks

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GOVERNMENT INTEGRATED FINANCIAL MANAGEMENT INFORMATION SYSTEM (GIFMIS )

BACKGROUND , IMPLEMENTATION STRATEGY AND STATUS Since July 2003, the Federal Government had taken bold steps to begin the tackling of the deep-seated risks to macroeconomic and fiscal stability and also to address key sources of economic inefficiency. As such, it is implementing policies to strengthen economic management and to deal with weak governance and corruption. The budget function has been consolidated in a strengthened Budget Office and greater transparency has been introduced to public expenditure management through regular publication of allocations of federation revenues to all tiers of governments,  Read more

 

 

2012 QUARTERLY BUDGET IMPEMENTATION REPORT

The 2012 Budget had a broad policy thrust of harmonizing economic growth witnessed in recent years and consolidating macroeconomic stability, structural and institutional reforms as well as targeting spending on growth enhancing sectors of the economy. Data from the National Bureau of Statistics reveal Gross Domestic Product (GDP) growth rate of 7.09% for fourth quarter of 2012 and an overall average of 6.61% for 2012. The estimate in the fourth...

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Fiscal Framework

QUARTERLY BUDGET IMPLEMENTATION REPORT

Publications

Presentations