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.
Capital Importation: Foreign investment into the agricultural sector was relatively flat between 2007 and 2012 but gained unusual momentum in September 2015. The spike in 2015 is likely driven by the
Monetary Policy Rate: The fluctuations in MPR reflect CBNs intermittent effort to promote growth, stymie inflation or incentivize capital flows. Particularly, the rise in MPR in 2016Q1 was effort to
Gross Federally Collected Revenue: Both oil and non-oil components of gross federal revenue fell below N40 billion in 2016, after recording a peak of N90 billion in 2013. The decline was most prominen
Public Debt Stock and Debt Servicing: Public debt stock has steadily increased overtime; reaching over N12, 000 billion naira by 2015Q4. With the persistent fall in crude oil price and the attendant d