Since submitting the 2015 Budget to the National Assembly in November 2014, Nigeria’s Budget office, although required by law to publish the budget details have failed to do so, preferring to keep it in secret…
Details of the budget are not available to Nigerians, amid an unusually high expectation of the budget’s specifics as the government struggles to minimize the impact of slumping oil price. Many Nigerians are eager to see in clear details how the government has responded.
The Premium Times has stated that they have budget data and Naij has prepared these infographics of 2015 Budget.
According to the estimates, the total spendings are NGN4 357 959 999 999
It should be recalled that President Goodluck Jonathan refused to present the 2015 budget proposal to the National Assembly instead assigned the presentation to the Minister of Finance, Dr. Ngozi Okonjo-Iweala.
READ ALSO: 2015 Budget: Presidency To Spend N815.4m On Fuel
The budget also shows that the ESTIMATED UNSPENT BALANCE from 2014 is NGN49 500 000 000 while EXPECTED INFLOW for 12 MONTHS is NGN53 000 000 000.
It should be noted that publishing the budget will also help investors, local and foreign, take prompt business decisions.
Details of the budget are not available to Nigerians, amid an unusually high expectation of the budget’s specifics as the government struggles to minimize the impact of slumping oil price. Many Nigerians are eager to see in clear details how the government has responded.
The Premium Times has stated that they have budget data and Naij has prepared these infographics of 2015 Budget.
According to the estimates, the total spendings are NGN4 357 959 999 999
It should be recalled that President Goodluck Jonathan refused to present the 2015 budget proposal to the National Assembly instead assigned the presentation to the Minister of Finance, Dr. Ngozi Okonjo-Iweala.
READ ALSO: 2015 Budget: Presidency To Spend N815.4m On Fuel
The budget also shows that the ESTIMATED UNSPENT BALANCE from 2014 is NGN49 500 000 000 while EXPECTED INFLOW for 12 MONTHS is NGN53 000 000 000.
It should be noted that publishing the budget will also help investors, local and foreign, take prompt business decisions.
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