2020 Budget Presentation: Matters Arising

President Mohammadu Buhari, yesterday presented the budget for the 2020 fiscal year, titled, “Budget of growth and job creation,” to the national assembly. This budget is set at a sum of N10.3 Trillion, and this makes it the highest budget ever made in Nigeria’s history. To execute the proposed budget, the President estimated revenue for the year 2020 to be N8.2 Trillion (N2.6 Trillion from oil revenue, N1.8 Trillion Non-oil tax revenue, and N3.7 Trillion from other revenues). While all of these look fine on paper, we are worried as to how…

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