FG proposes to spend ₦11.8tr in 2021 - The Nation Nigeria

After activating the 2020 budget implementation, the Federal Government has proposed to spend ₦11.86 trillion in 2021

Notwithstanding this adventurous spending projection, Zainab Ahmed also stated that the country’s fiscal futunes will suffer a deficit of ₦5.16 trillion because of the government’s projected ability to generate only ₦6.98 trillion revenue all in 2021.

Zainab Ahmed said “it is being framed against the backdrop of a challenging global macroeconomic environment as well as domestic factors.”

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