Nigerian Government passed 2014 budget totaling N4.695tri, an amount which is N52.2bn higher than the N4.642trl which was submitted by President Goodluck Jonathan to the National Assembly on December 19, 2013, through the Co-ordinating Minister of the Economy and Minister of Finance, Mrs. Ngozi Okonjo-Iweala.
Source: PUNCH
- Highlights of the 2014 budget:
- Statutory Transfers (N408,687,801,891),
- Debts Service (N712,000,000,000),
- Recurrent Expenditure (N2,454,887,566,702),
- Capital Expenditure (N1,119,614,631,407)
- Aggregate Expenditure is N4,695,190,000,000.
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