How Much Is Nigeria Budget For 2024. Barly two weeks to the end of 2023, 32 state governors in nigeria have presented their proposed budget for 2024 totaling n14.04 trillion. The nigerian government intends to spend 30 percent of its 2024 budget on debt servicing, allocating less to critical sectors of the economy.
Managing all federal revenues and expenditures in nigeria, the federal ministry of finance, will get the highest allocation of n9.33 trillion in the 2024 budget. The passed budget by the senate and house of representatives was raised from n27.5 trillion presented by president bola tinubu on wednesday, november 29th.
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