Defence sector budgets perform below expectations under Buhari
Dataphyte’s review of the budgetary allocation to the sector shows an annual increase in the total funds allocated to the sector. However, a large chunk of went to recurrent expenditure.
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#ChartOfTheDay: Budgetary Allocation to the Nigeria Armed Forces
In the last 7 years, the sum of N3.37 trillion has been allocated to the Nigerian armed forces, the Army, Navy and Air Force.
Is a 50% increase in budget allocation enough to revive Nigeria’s Education Sector?
In July, Nigerians received news that President Muhammadu Buhari has promised to increase the budgetary allocation to education by 50 per cent in 2023. The President stated this at the Global Education Summit in London, United Kingdom.
Declining State Allocation and the Need for Sustainability Plan
Disbursement data from the Federation Account Allocation Committee (FAAC) between January and April 2020 has revealed the true state of Nigeria’s account in 2020. From the data sourced from the National Bureau of Statistics, total allocation declined by 9.63 percent between January and February. Between February and March, another 10.16 percent decline in total allocation was recorded. However, the total allocation appreciated by over 34 percent between March and April.
610 Personnel Earn More Than the President as DPR Paid ₦8 Billion Salary Upfront in January
Data analysis by Dataphyte has shown the Department of Petroleum Resources (DPR) paid over 8 billion as salary upfront in January 2020. This is according to the daily payment data published on the open treasury portal.
Only 3 States Generated More IGR Above Federal Allocation in 2019
Nigerian states’ journey to fiscal sustainability is still far ahead, 2019 Internally Generated Revenue (IGR) Data by the National Bureau of Statistics (NBS) has shown. According to the IGR report, all the thirty-six states and the FCT generated a total of ₦1.33 trillion. This amount represents about 50 percent of the federal allocation known as FAAC. The total FAAC shared to the states in 2019 stood at ₦2.5 trillion.
Today’s Numbers To Ponder
For today’s Numbers To Ponder, DATAPHYTE takes a critical look at how Nigeria plans to fund research-based policy decisions with a meagre N111.2 billion in 2020 budget. We are also sharing details about Akwa Ibom 2020 budget cut, FG’s performance-based grant to 24 states, and other figures for you to ponder.
Despite Increasing Budgetary Allocation, Nigerian Prisons Remain in Squalor
The Federal government of Nigeria has appropriated over 613.5 billion naira (N613,462,338,602) to the Nigerian Correctional Service, formerly known as Nigerian Prisons Service, in the last ten years, a DATAPHYTE analysis has shown. In the same period, not less than N88.4 billion naira (N88,413,686,241) has been allocated for capital expenditure despite the fact that over 60 percent of the Nigerian prison population in the same period are pre-trial/remand prisoners. As a matter of fact, about 7 out of 10 inmates in prison today are awaiting trial persons. This is coupled with the increasing population of the prison every year as shown in the charts below.