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The budget, which was approved by lawmakers on Nov. 2, also includes allocations for a presidential yacht, official vehicles for the first lady's office, and renovations to the president's ...
Global map of total central government revenues, as share of GDP, 2022 [1] Global map of total central government expenditures, as share of GDP, 2022 [2]. This is the list of countries by government budget.
The Nigeria Vision 20: 2020 is a perspective plan; an economic business plan intended to make Nigeria one of the top 20 economies by 2020, with a growth target of not less than $900 billion in GDP and a per capita of not less than $4,000 per annum. The three Pillars of the NV 20:2020 are i) guaranteeing the well-being and productivity of the ...
The Nigeria Union of Journalists (NUJ) urged Tinubu to address the dispute with the ASUU. [21] On 25 June 2024, 1,800 petrol stations were shut down in northeastern Nigeria, after the Independent Petroleum Marketers Association of Nigeria (IPMAN) began a strike in protest against an anti-smuggling operation by the Nigeria Customs Service (NCS).
Nigeria's goal under the National Economic Empowerment Development Strategy (NEEDS) program is to reduce inflation to the single digits. [56] By 2015, Nigeria's inflation stood at 9%. In 2005, the federal government had expenditures of US$13.54 billion but revenues of only US$12.86 billion, resulting in a budget deficit of 5%.
In 2024, a private firm petitioned the Bola Ahmed Tinubu, the President of Nigeria, on how the Chairman of RMAFC refused to approve the payment of a consultancy firm for the job of recovering a refund of unpaid 13% derivation that amounts to USD 2,471,040,983.38.
The Federal Ministry of Education is a part of the Federal Ministries of Nigeria. It regulates secondary and tertiary education in Nigeria. Its headquarters office is located at Block 5A (8th Floor), Federal Secretariat Complex, Shehu Shagari Way, Central Area, P.M.B. 146, Garki, Abuja.
Bola Tinubu assumed office as President of Nigeria on 29 May 2023. The president has the authority to nominate members of his Cabinet to the Nigerian Senate for confirmation. Ministers were nominated in July, and confirmed by the senate in August 2023.