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Research Document: NESG 2024 Budget Sectoral Analysis


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Posted Wed, Dec 20, 2023 11:52 PM

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President Bola Ahmed Tinubu presented the first appropriation bill (the 2024 Budget) for his administration to a joint session of the Nigerian National Assembly on November 29, 2023. The Budget is christened "The Renewed Hope Budget" proposed an expenditure of N27.5 trillion, the highest in the history of Nigeria and 10.9 percent higher than the 2023 revised budget (N24.83 trillion – addition of signed + supplementary budgets). The Budget relies on revised assumptions outlined in Nigeria's Federal Government's 2024-2026 Medium-Term Expenditure Framework (MTEF).

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All text, graphics, audio files, code, downloadable material, and other works on this web site are the copyrighted works of the Nigerian Economic Summit Group (NESG).