Infographics: Nigeria's Revenue & Budget Implementation as at September 2012

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The infographic reveals the Federal Governments revenues from Oil, Tax & other income streams and also Federal Governments Expenditure. Total funds received by the Federal Government was NGN3.36 trillion.

It is key to note that Recurrent Expenditure (salaries, overheads & debts servicing) had overperformed with the actual expenditure exceeding the budget by 2%. capital budget (funds for development projects such as power stations, schools etc) as at September 2012 had a performance of 47% only NGN471.38bn was released. Out of the total released by the finance Ministry, only NGN341.72bn has been utilized by Ministries, Departments and Agencies. Kindly note that Budget Implementation began in April 2012.

 

FG Receipts and Expenditure ( Q3 2012).png

 

 

Total Federation Revenue (Q3 2012).png

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