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Thunder Blowers > Blog > News > Daily News (Updates) > GOV. MATAWALLE PROPOSES POLICY MEASURES FOR 2021 BUDGET IMPLEMENTATION
Daily News (Updates)

GOV. MATAWALLE PROPOSES POLICY MEASURES FOR 2021 BUDGET IMPLEMENTATION

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Last updated: 2020/12/10 at 11:07 PM
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HIGHLIGHTS OF PROPOSED 2021 BUDGET

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Policy Measures

27. I wish to crave the indulgence of the Honourable Members to note that:

(i)        All existing policy measures will continue in the 2021 fiscal year;

(ii)     The proposed budget is 14.2% higher than the revised budget of last year;

(iii)  The proposed budget is in the interim in line with IPSAS and consistent with our strategic plan and long term vision;

(iv)   It gives emphasis to completion of all the on-going projects and programmes with some considerations on the new ones;

(v)      The proposed budget is balanced as the projected revenue equals the estimated expenditure.

28. The proposed 2021-2023 multi-year budget and hence 2021 recurrent and capital estimates totalling which is made up of N77,151,251,000.00 & N68,287,500,000.00 as recurrent and  capital revenues; as well as N64,393,751,000.00 & N81,045,000,000.00 as recurrent and capital expenditure respectively.

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Thunder Blowers December 10, 2020 December 10, 2020
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Previous Article REVIEW OF 2020 BUDGET BY GOVERNOR BELLO MATAWALLE
Next Article GOVERNOR MATAWALLE PRESENT BUDGET ESTIMATE OF N145,438,751,000.00 FOR THE YEAR 2021
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