Browsing: 2018 Budget

Examples of increase are the budget of the National Assembly itself which was increased from N125 billion to N139.5 billion. This shows an increase of N14.5 billion. The provisions for statutory transfers were also increased by an aggregate of N73.96 billion. Most of the increases in statutory transfers are for recurrent. This is not in the best interest of Nigeria since the present government is trying to keep down the cost of governance.