BusinessDay
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Unveiling Nigeria’s 2021 budget

… Buhari expresses concern over poor revenue generation ...Defence gets N840.56bn, largest for recurrent spending … Education gets N127bn for capital expenditure

President Muhammadu Buhari on Thursday expressed serious concerns over government poor revenue generation and directed that incomes of Government Owned Enterprises (GOEs) be scrutinised henceforth and limits imposed on their cost-to-revenue ratios. Buhari, speaking at the presentation of the 2021 Appropriation Bill to a joint session of the National Assembly in Abuja, urged the lawmakers…



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