Published in Education

#ChartOfTheDay: Capital and Recurrent Expenditures in the Education Sector

ataphyte noted that the sum of N4.08 trillion has been allocated to the education sector between 2015-2021. If approved, the 2022 proposed budget would take total allocation to the sector over 8 years to N4.95 trillion.

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Dennis Amata ,

October 28th, 2021

ataphyte noted that the sum of N4.08 trillion has been allocated to the education sector between 2015-2021. If approved, the 2022 proposed budget would take total allocation to the sector over 8 years to N4.95 trillion.

The 2022 budget has the highest capital allocation over the 8 year period being considered. It meets the 20% Education for all Fast Track Initiative benchmark of allocating at least 20% of the sector’s budget to capital projects. 

Typically, budgetary allocations to the sector showed that it’s budget has been heavily recurrent.

Read Also “Is a 50% increase in budget allocation enough to revive Nigeria’s Education Sector?


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