As the 2020 budget proposal is out, let's take a look at the quick figures!
The Quick Figures From 2020 Budget Proposal
10 Agencies with Largest 2016 Budget Allocation
Making sense of the numbers is no easy feat, but doing so can help to better understand the bigger picture of how the money our nation has collected is being used. So let's dig into the details of the information presented in these two images.
The chart on the left is from the 2020 budget proposal and shows the total budget for each division in the Nigerian government. This budget proposal could lead to increased spending on a variety of areas, such as security and the armed forces, health, education, and transportation.
The chart on the right is from the 2016 budget allocations and is a little more detailed. The chart helps to visualize the 10 most funded Nigerian government agencies in 2016. These 10 agencies are the National Assembly, Judiciary, Office of the President, Ministry of Agriculture, Ministry of Health, Ministry of Transportation, Federal Inland Revenue Service (FIRS), Nigerian National Petroleum Corporation (NNPC), Federal Ministry of Works, and the Nigerian Armed Forces. Comparing the amounts dedicated to each agency can give us an indication of what the Nigerian government was prioritizing during that time.
While these two charts may seem overwhelming, understanding how the Nigerian government is allocating its money is an important part of being an informed citizen and being able to gauge the impact this budget will have on our lives. Investigating what exactly the budget could mean for each division and agency can help paint a better picture of how the Nigerian government is taking action on important matters.
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