Federal budget allocation versus actual release rates by ministry. Tracks whether approved funds are reaching the programmes they were signed for.
₦2.456tn
Total budget
₦2.054tn
Revenue projected
₦1.95tn
Revenue actual
₦402bn
Deficit
₦381bn
Debt service
55%
Implementation rate
Yar'Adua's first full budget, the 'Budget of Consolidation', was drawn up while global oil prices were still rising toward their mid-2008 peak of nearly $150/barrel, before crashing sharply in the second half of the year.
AllocationReleased