2024 Budget Deficit Nigeria

Nigeria’s 2024 budget and the debt constraints. The senate said the difference of n1.2 trillion arose from additional.

This is lower than the 13.78 trillion naira deficit recorded in 2023, which. The debt management office says 4.5 trillion naira has been raised from the domestic market to support the federal government in financing 2024 budget deficit.

The Federal Government Of Nigeria Recently Presented The 2024 Budget Proposal To The National Assembly.

Africa’s biggest economy budgeted n8.25 trillion (30 percent) for debt servicing in 2024 while critical sectors of the economy such as education was allocated.

Budget Deficit Dey Around 18 Trillion Naira For 2024 Or 3.88 Percent Of Gdp.

There was no provision made for fuel subsidy payments in the national budget.

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The National Assembly Has Raised The 2024 Budget From N27.5 Trillion To N28.77 Trillion.

Chairman, house of representatives committee on appropriation, abubakar kabir bichi, has explained why the 2024 budget was increased by n1.27 trillion.

Abuja — Nigeria Plans To Narrow Its Budget Deficit To Roughly 3.9% Of Gross Domestic Product, Gdp Next Year From About 6.1% This Year, President Bola Tinubu Said.

Onanuga said tinubu did not create the economic problems nigeria faces today.