Tag

Budget

2021 Budget: Presidency to spend ₦16.79 billion on redundancies

Despite pressures to debt financing, President Buhari’s Administration still budgets ₦16.79 billion worth of redundancies with invisible money. Already, the 2021 budget features a 20.9% increase from the previous revised 2020 budget. And projections have the country’s debt profile at ₦35 trillion in four years.

Specials

N2P: ₦2.1Bn for furniture, 2.5% Healthcare security funds scrapped

It seems budget defense is all the news. And why wouldn’t it? As Nigeria closes the chapters of an arduous 2020, all eyes are on the 2021 budget. Already we noted the budget’s reliance on borrowings and its economic implications. But perhaps what’s of moot are the misplaced priorities of some government workers, as evidenced by their expenditure. And in other news, we question the cost of trivialising healthcare, fatal.