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Budget Presentation

President Buhari
presents 2023 Budget

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Approved Budget

HMFBNP 2023
Approved Budget presentation

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Honourable Minister of Finance, Budget and National Planning

Inside The Budget Office of the Federation

The Budget Office of the Federation was established to provide budget function, implement budget and fiscal policies of the Federal Government of Nigeria.

The Budget Office is structured into six departments - six operational departments and seven units. The departments are Revenue/Fiscal Policy, Expenditure Social, Expenditure Economics, Budget Monitoring and Evaluation, Human Resources Management, Finance and Accounts. The Units are ICT, ACTU, Procurement, Legal, Stock Verification, Internal Audit and Servicom.

Our Mission

To provide efficient and qualitative budget functions to Nigeria, geared towards promoting fiscal sustainability, transparency and accountability in public finance management for national development in line with International best practices.

Our Vision

To be a world class technology driven budget institution that is a catalyst for equitable mobilization and distribution of the Nation's resources to engender sustainable socio-economic development.
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Honourable Minister of Finance, Budget and National Planning Presented the 2023 Approved FGN Budget

The Minister of Finance, Budget and National Planning, Mrs. (Dr.) Zainab Shamsuna Ahmed, explained that the 2023 Budget of Fiscal Consolidation & Transition is expected to maintain fiscal viability and ensure smooth transition to the incoming Administration.

On January 3rd, 2023 (1st work day of the year) Mr. President signed the 2023 Appropriation Act, thereby sustaining the restoration of a predictable January to December budget cycle for the fourth consecutive year.

To Provide Efficient and Qualitative Budget Functions to Nigeria.

Budget

Document containing a breakdown of allocations for each spending category as well as final expenditures.

NDP

The NDP is a National development plan developed by President Muhammadu Buhari's Administration for the period 2017 to 2020.

MTEF

The MTEF is a three-year planning tool that defines the government’s economic, social, and development objectives and priorities.

MTSS

A budget planning forum where key MDAs' capital and recurring expenditure requirements are planned over a three-year period.

OGP

An organization of reformers inside and outside of government working to transform how government serves its citizens.

BIR

The quarterly and annual budget performance analysis of the various performing sectors is shown in the budget implementation report.

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