REVIEW OF CRITICAL ISSUES IN THE 2023 FEDERAL BUDGET PROPOSAL
The 2023 budget proposal is presented as a Bill for an Act to authorise the issue from the Consolidated Revenue Fund of the Federation the total sum of N20,507,942, 180,704 (Twenty Trillion, Five Hundred and Seven Billion, Nine Hundred and Forty-Two Million, One Hundred and Eighty Thousand, Seven Hundred and Four Naira) only, of which N744,109,468,797 (Seven Hundred and Forty-Four Billion, One Hundred and Nine Million, Four Hundred and Sixty-Eight Thousand, Seven Hundred and Ninety-Seven Naira) only is for Statutory Transfers, N6,557,597,611,797 (Six Trillion, Five Hundred and Fifty-Seven Billion, Five Hundred and Ninety-Seven Million, Six Hundred and Eleven Thousand, Seven Hundred and Ninety-Seven Naira) only is for Debt Service, N8,271,882,354,405 (Eight Trillion, Two Hundred and Seventy-One Billion, Eight Hundred and Eighty-Two Million, Three Hundred and Fifty-Four Thousand, Four Hundred and Five Naira) only is for Recurrent (Non-Debt) Expenditure while the sum of N4,934,352,745,705 (Four Trillion, Nine Hundred and Thirty- Four Billion, Three Hundred and Fifty-Two Million, Seven Hundred and Forty-Five Thousand, Seven Hundred and Five Naira) only is for contribution to the Development Fund for Capital Expenditure for the year.
Please wait while flipbook is loading. For more related info, FAQs and issues please refer to DearFlip WordPress Flipbook Plugin Help documentation.
Download Below