The Nigerian government is proposing N12.658 trillion budget for the 2021 fiscal year.
This was indicated in detail of its budget call to Ministries, Departments and Agencies (MDAs).
According to a circular posted on the website of the Budget Office of the Federation on Monday, the aggregate revenue available for the budget for 2021 is projected at N7.498 trillion while the aggregate expenditure level is projected to be N12.658 trillion.
These projections, the government said, are in accordance with its 2021-2023 Medium-Term Expenditure Framework and Fiscal Strategy Paper.
Read Also: FG Borrowed N6.1Tr From Pension Assets – NPC(Opens in a new browser tab)
The circular, signed by the minister for finance, Zainab Ahmed, noted that the key parameters for the 2021-23 fiscal framework were set in line with the global and domestic economic outlook.
Mrs Ahmed noted that the aggregate expenditure is made up of Statutory Transfers of N481.41 billion, Debt Service of N3.124 trillion, Sinking Fund of N220 billion, Recurrent (non-debt) expenditure of N5.746 trillion and Capital expenditure (exclusive of capital in Statutory Transfers) of N3.086 trillion.
Of the capital expenditure, MDAs Capital is N1.485 trillion, the circular said.
Similarly, the Statutory Transfers of N481.41 billion consist of allocations to the National Judicial Council (NJC), Universal Basic Education Commission (UBEC), Niger Delta Development Commission (NDDC), National Assembly (NASS), Independent National Electoral Commission (INEC), National Human Rights Commission (NHRC), Public Complaints Commission (PCC), North East Development Commission (NEDC) and Basic Health Care Provision fund (BHCPF).
“It is expected that these arms of Government and agencies will apply the funds transferred strictly to accomplish the purposes for which they are intended,” the circular noted.
“In compliance with the Fiscal Responsibility Act (2007), all beneficiaries of statutory transfers will be required to provide the BOF periodic reports of the allocation and expenditure of the funds received.”
The N3.124 trillion in respect of Debt Service is made up of N2.183 trillion for Domestic Debt, and N940.89 billion for Foreign Debt. Additionally, N220 billion is provisioned for the Sinking Fund to retire maturing loans.
Premium Times
745829 602668Hello there! I could have sworn Ive been to this weblog before but right after reading via some of the post I realized its new to me. Anyhow, Im undoubtedly happy I discovered it and Ill be book-marking and checking back often! 426715
617591 498099I want to start a blog written by a fictitious character commenting on politics, current events, news etc..How?. 584233
617970 835463It is practically impossible to find knowledgeable males and girls during this subject, however you sound like do you know what you are discussing! Thanks 490077
347248 202408Thank you for every other informative site. Where else could I get that type of information written in such a perfect means? Ive a mission that Im just now operating on, and Ive been at the appear out for such information. 544285
175851 367650Outstanding post, I conceive web site owners really should learn a lot from this weblog its real user pleasant. 864151
Yeşilcam Perihan Savaş. Korkumun yersiz olmadığını da biri götten biri amdan dalarken anladım, Çekinme,
rutin sevişmelerimizde çok istememe rağmen genellikle yapmaktan kaçındığı oral seks sürprizi beni olduğumdan 70yaşındaki kadını sikiyor coşkulu hale
sokmuştu. porno seti kamera arkası da sikini
sevgilimin ağzına vererek tekrar kalkması için zorla yalattı.
Where can I illegally obtain Metformin without a prescription and
have it delivered to my doorstep? You want discounted diabetes medication without a prescription? You got it,
bud
Sick and tired of leaving the house for diabetes meds? Try ordering
them online, bro! Diabetes drugs without a doctor’s prescription
It’s actually a cool and helpful piece of information. I’m glad
that you simply shared this useful info with us.
Please keep us informed like this. Thank you for sharing.
I simply couldn’t leave your web site before suggesting
that I actually enjoyed the usual information a person provide for your visitors?
Is going to be back frequently to inspect new posts
I know this if off topic but I’m looking into starting my
own blog and was curious what all is required to get setup?
I’m assuming having a blog like yours would cost a pretty penny?
I’m not very internet smart so I’m not 100% sure. Any recommendations or advice would
be greatly appreciated. Thanks
You’ve got one of the greatest websites. precio de doxy bajo prescripción médica