GDP Growth Rate Projection |
4.37% |
Revenue Projection |
3.86 Naira |
Deficit |
2.22 trillion Naira (equivalent to 2.16% of Nigeria’s GDP) |
Oil Related Revenues |
820 billion Naira |
Non-oil Revenues |
1.45 trillion Naira |
Projected Independent Revenues |
1.51 trillion Naira |
Capital Expenditure |
1.8 trillion Naira (30% of total budget) |
Works, Power and Housing |
433.4 billion Naira |
Transport |
202.0 billion Naira |
Interior |
53.1 billion Naira |
Special Intervention Programs |
300 billion Naira |
Education |
369.6 billion Naira |
Defence |
294.5 billion Naira |
Health |
221.7 billion Naira |
Ministry of Interior |
145.3 billion Naira |
Foreign and Domestic Debt Service |
1.36 trillion Naira |
Sinking Fund towards the retirement of maturing loans |
113 billion Naira |
Non-debt Recurrent Expenditure |
2.65 trillion Naira |