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Nigeria National Budget Since 2011 To 2026 - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsNigeria National Budget Since 2011 To 2026 (6387 Views)

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Nigeria National Budget Since 2011 To 2026 by OfficialAPCNig(op): 3:32pm On Jun 07
Here is a breakdown of Nigerian national annual budgets between Jonathan, Buhari and Tinubu presidencies:


2011–2015 (Jonathan): ₦23.33 Trillion (With Subsidy)
2016–2023 (Buhari): ₦94.90 Trillion (With Subsidy)
2024–2026 (Tinubu): ₦152.09 Trillion (Without Subsidy)

Under Goodluck Jonathan, the total federal budget between 2011 and 2015 was ₦23.33 trillion. Under Muhammadu Buhari, the total budget from 2016 to 2023 was ₦94.90 trillion. Yet in just three years, from 2024 to 2026, Bola Tinubu's administration will spend an estimated ₦152.09 trillion, around ₦60 trillion more than Buhari spent in eight years and over six times what Jonathan spent in five years.

Yet, Nigeria is not better off than they were in 2015 and 2023, when Jonathan and Buhari handed over, respectively.

Here's the annual breakdown for quick verification:


2011: ₦4.48 trillion
2012: ₦4.69 trillion
2013: ₦4.98 trillion
2014: ₦4.69 trillion
2015: ₦4.49 trillion
2016: ₦6.06 trillion
2017: ₦7.44 trillion
2018: ₦9.12 trillion
2019: ₦8.92 trillion
2020: ₦10.81 trillion (Amended to ₦10.5 trillion due to COVID-19)
2021: ₦13.59 trillion
2022: ₦17.13 trillion (Adjusted with a ₦982 billion supplementary budget)
2023: ₦21.83 trillion
2024: ₦28.78 trillion
2025: ₦54.99 trillion
2026: ₦68.32 trillion

Re: Nigeria National Budget Since 2011 To 2026 by helinues: 3:36pm On Jun 07
Imagine still asking what the Government is doing. Aren't you the same people who said this government hasn't done a thing, so what's the repetitive question for?
Re: Nigeria National Budget Since 2011 To 2026 by helinues: 3:38pm On Jun 07
Meanwhile

Abuja is not part of Nigeria

This government hasn't done a thing

Both statements is correct or
Re: Nigeria National Budget Since 2011 To 2026 by LordBiden(m): 3:46pm On Jun 07
Crooknubu. grin

He and his Lagos boys have stolen everything.
Re: Nigeria National Budget Since 2011 To 2026 by muyico(m): 3:56pm On Jun 07
World wide inflation caused it
Re: Nigeria National Budget Since 2011 To 2026 by OfficialAPCNig(op): 6:07pm On Jun 07
helinues:
Imagine still asking what the Government is doing. Aren't you the same people who said this government hasn't done a thing, so what's the repetitive question for?
Yeah, he has done nothing. So we want to hear from his brothers that claim he ia doing something
Re: Nigeria National Budget Since 2011 To 2026 by OfficialAPCNig(op): 6:08pm On Jun 07
muyico:
World wide inflation caused it
So inflation grew by over 600% between 2015 and 2026?
Re: Nigeria National Budget Since 2011 To 2026 by helinues: 6:16pm On Jun 07
OfficialAPCNig:
Yeah, he has done nothing. So we want to hear from his brothers that claim he ia doing something
A blind like me with a blurry vision hasn't seen a thing done by this government
Re: Nigeria National Budget Since 2011 To 2026 by lamentor78(m): 6:38pm On Jun 07
Nigerian deserves their leader,is not a curse this country can never get better. Imagine if Obasanjo is still the president. Can it be so bad like this.......

A sincere question.......

Nigeria will get to a stage that breaking up will be inevitable.
Re: Nigeria National Budget Since 2011 To 2026 by Sheuns(m):
It’s that large because Tinubu has dangerously devalued the Naira. If we say this, his supporters will say “Naira only found its real value” and also say “Naira has been heavily defended”.

One question they’ve not answered is at what point in Nigeria’s history did the government start defending the Naira?

Let’s not also forget that the budgets under this federal administration are overly ambitious and underperforming.
Re: Nigeria National Budget Since 2011 To 2026 by Elusive001: 7:09pm On Jun 07
muyico:
World wide inflation caused it
The same una talk say Nigeria has more monet now than before. Una talk say states have more now.

Wetin come here inflation again?
Re: Nigeria National Budget Since 2011 To 2026 by TheNiceStudent(m): 8:49am On Jun 08
You see what I am seeing with my eyes ?
Re: Nigeria National Budget Since 2011 To 2026 by geoworldedu: 8:49am On Jun 08
Tinubu will cash out big after leaving his post. He will desperately find an APC replacement to cover up his tracks.
Re: Nigeria National Budget Since 2011 To 2026 by Gotocourt: 8:51am On Jun 08
Devaluation of naira and careless borrowing spree🤷🏿.

They citizens are no longer benefitting from the government angry.
Re: Nigeria National Budget Since 2011 To 2026 by geoworldedu: 8:51am On Jun 08
Tinubu will recklessly wreck this nation rekereke.
Re: Nigeria National Budget Since 2011 To 2026 by Ujadon: 8:52am On Jun 08
You see the problem with Nigeria is, the unproductive ones are always there looking for who to blame to fees good about their lack of productivity.
Let me hope you are not one of them.
Re: Nigeria National Budget Since 2011 To 2026 by Anigreat: 8:52am On Jun 08
shocked


Talk of unapologetic kleptocrat , the clown in aso rock is one. Never in my wildest dream did I ever thought that someone can ever beat Buhari failure, but the clown in aso rock prove me so wrong. I don't even think that anyone can be worst than him. Whoever comes after him just have to do a little and boom he'll be the greatest despite not even doing anything, he only have to beat this failure a little.
Re: Nigeria National Budget Since 2011 To 2026 by Haydens: 8:55am On Jun 08
On your mandate we shall stand gbolah Teanubu.
Re: Nigeria National Budget Since 2011 To 2026 by ogolemati:
grin grin grin grin grin grin grin grin grin grin grin the enemy came to steal ,to kill and to perish. Where is yarimo and his twin brother helinues

Re: Nigeria National Budget Since 2011 To 2026 by dannyspeejay(m): 9:00am On Jun 08
We still Dey stand for this same mandate soooo 😞
Re: Nigeria National Budget Since 2011 To 2026 by osuofia2(m): 9:00am On Jun 08
Defence be eating our Budget and nothing to show for?
Re: Nigeria National Budget Since 2011 To 2026 by franchasng: 9:01am On Jun 08
In a working country, Bola Tinubu ought to be in a maximum security prison serving a long jail sentence and not occupying the highest office in the nation and using politics of bribery, thuggery, voodoo practice, state capture and tribalism to be destroying Nigeria angry
Re: Nigeria National Budget Since 2011 To 2026 by CodeTemplar: 9:04am On Jun 08
One of the best analysis. I hope DrMB is observing.
Re: Nigeria National Budget Since 2011 To 2026 by CodeTemplar: 9:06am On Jun 08
osuofia2:
Defence be eating our Budget and nothing to show for?
See excuse. Yet army have no bullet or equipment to locate hostages alone talk less of rescuing them. Iree ooo.
Re: Nigeria National Budget Since 2011 To 2026 by sulaak(m): 9:10am On Jun 08
helinues:
Imagine still asking what the Government is doing. Aren't you the same people who said this government hasn't done a thing, so what's the repetitive question for?
The Naira was devalued in 2023. GEJ should have removed fuel subsidies in 2012.

Continue borrowing foreign exchange to fund subsidies and FX Control, and watch as the Nigerian economy collapses
.
Re: Nigeria National Budget Since 2011 To 2026 by anonimi: 9:11am On Jun 08
LordBiden:
Crooknubu. grin

He and his Lagos boys have stolen everything.
The master strategist has stolen everything to bribe politicians into Oshiomole's Assembly of Past Criminals, APC for 2027 and his 3rd term agenda for life president in 2031.

I just dey pity Kwankwaso, Ribadu and other northerners thinking Tinubu will leave in 2031. He will use & dump them as he has done with others who helped him politically since 1992.

He is setting up the structure to succeed where Obasanjo failed in 2007.









https://www.youtube.com/watch?v=vPytmuhYDAU
Re: Nigeria National Budget Since 2011 To 2026 by sulaak(m): 9:14am On Jun 08
Sheuns:
It’s that large because Tinubu has dangerously devalued the Naira. If we say this, his supporters will say “Naira only found its real value” and also say “Naira has been heavily defended”.

One question they’ve not answered is at what point in Nigeria’s history did the government start defending the Naira?

Let’s not also forget that the budgets under this federal administration are overly ambitious and underperforming.
Naira found its level; you can't have three separate currencies. The currency had to be unified. The real issue is that Nigeria doesn't produce anything; we import everything, including bottled water and toothpicks. If your currency is chasing imports, then the value will be low.
Re: Nigeria National Budget Since 2011 To 2026 by DeltaBachelor(m): 9:17am On Jun 08
lol. Can you imagine how next 4 years will now look if ……
Re: Nigeria National Budget Since 2011 To 2026 by omoredia: 9:22am On Jun 08
Na so dem be. Very wasteful people. They go finish trillions for party then be looking for who to steal from
Re: Nigeria National Budget Since 2011 To 2026 by 5ThChild: 9:23am On Jun 08
allte hall tthese are just numbers.
What economic values has these impacted in the lifes of the society
Re: Nigeria National Budget Since 2011 To 2026 by 5ThChild: 9:24am On Jun 08
All these are just numbers.
What economic values has these impacted in the lifes of the society? Why so much hardships?
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