FGN Proposed 2020 Budget

On October 8, 2019 President Muhammadu Buhari presented the 2020 Budget of Sustaining Growth and Job Creation to the National Assembly.

The Budget Highlights

  • The proposed 2020 budget is N10.33 trillion. This is N1.41 trillion higher than the 2019 budget of N8.92 trillion.
  • The total estimated revenue is N8.155 trillion. This is N1.15 trillion higher than the 2019 budget of 7.00 trillion
  • The 2020 budget deficit stands at N2.18 trillion. This is N0.26 trillion (N260 billion) higher than the 2019 budget deficit of N1.92 trillion.
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