Summaries of Nigeria's Proposed Federal and State Budgets Figures 2008
February 9, 2008 | posted by Mobolaji Aluko (Archives)
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STAR INFORMATION: SUMMARIES OF NIGERIA's PROPOSED FEDERAL & STATE BUDGETS 2008
(Source: Compiled from Various Newspaper Reports by NigerianMuse.com )
February 9, 2008
NM Commentary:
If the budgets are passed as proposed, then from our calculations at NM, the Federal Government will spend N2.4498 trillion Naira, and all the 36 States together will spend N3.1635 trillion in Fiscal Year 2008
That is a lot of money.
NM
TABLE OF SUMMARIES OF PROPOSED BUDGETS 2008
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TOTAL AMOUNTS ALLOCATED
|
Executive
Presenting..
|
Name of
Budget
|
Date of Presentation
|
Capital
Expenditure
Billion
Naira
2008
|
Recurrent Expenditure
Billion Naira
2008
|
Total
Expenditure
Billion Naira
2008
|
%
Capita
2008
|
Total
Budget
Billion
Naira
2007
|
% increase
of 2008
over
2007
|
|
|
|
|
|
|
|
|
|
|
|
|
FEDERAL GOVERNMENT
|
|
|
|
|
|
|
|
|
|
|
FGN
|
Umar Musa Yar’Adua
|
Budget for Ordinary Nigerian
|
November 8, 2007
|
634.2
|
1,815.6
|
2,449.8
|
25.9
|
2,300
|
13.0
|
|
|
|
|
|
|
|
|
|
|
|
|
FCT
|
|
|
|
n.a
|
n.a
|
n.a.
|
n.a
|
n.a
|
n.a
|
|
|
|
|
|
|
|
|
|
|
|
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SUMMARIES FOR ZONES
|
|
|
|
|
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|
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South-West
|
|
|
|
454.346
|
310.322
|
764.668
|
59.4
|
551.114
|
38.7
|
|
South-East
|
|
|
|
202.197
|
133.64
|
335.867
|
60.2
|
218.517
|
53.7
|
|
South-South
|
|
|
|
618.272
|
288.059
|
906.331
|
68.2
|
864.88
|
4.8
|
|
North-West
|
|
|
|
298.608
|
175.635
|
474.343
|
63.0
|
n.a
|
n.a
|
|
North-East
|
|
|
|
234.189
|
127.785
|
362.075
|
64.7
|
n.a
|
n.a
|
|
North-Central
|
|
|
|
181.851
|
138.685
|
320.536
|
56.7
|
n.a
|
n.a
|
|
Sub-Total
|
|
|
|
1,989.463
|
1,174.126
|
3,163.522
|
62.9
|
n.a
|
n.a
|
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ZONE & STATES
|
Executive
Governor
Presenting..
|
Name of
Budget
|
Date of Presentation
|
Capital
Expenditure
Billion
Naira
2008
|
Recurrent Expenditure
Billion Naira
2008
|
Total
Expenditure
Billion Naira
2008
|
%
Capital
|
Budget
Proposal
2007
|
% increase
of 2008
over
2007
|
|
|
|
|
|
|
|
|
|
|
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SOUTH-WEST
|
|
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