Appropriation Act (Budget)
Appropriation Act (Budget) (Trillion )
The Budget: Recovery in capital expenditure
FAAC Monthly Disbursement (Billion )
Falling fund disbursement to the 3-tiers
Appropriation Act (Budget): Capital expenditure remarkably increased in 2016 relative to preceding year, on the account of the present governments renewed commitment to infrastructure development.
FAAC Monthly Disbursement: FAAC monthly disbursement across all tiers of government fell in 2016 on the account of falling government revenues owing to low oil price and vandalism of oil pipelines.
Internally Generated Revenue: Total internally generated revenue particularly declined across the 36 states in Nigeria, in 2015. This is attributable to the weak macroeconomic and financial conditions
Real GDP Growth Rate- Nigeria and selected African Economies: While GDP growth in selected African economies have generally declined at different magnitudes with the slump in commodity prices, other e
Export and its Components: In 2015 and 2016Q1, overall export earnings declined significantly to a record low of less than $3000 million in 2016Q1, as against the peak of above $10,000 million in 2008
Business Confidence Index: After its peak in 2011, business confidence fell sizeably in 2012 as well as 2015Q2. Most recently, BCI has declined to a negative levels in 2016Q1 and Q2. The recent declin