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Honourable Minister of Finance, Budget and National Planning Presented the 2021 Approved Budget

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The Minister of Finance, Budget and National Planning, Zainab Shamsuna Ahmed, explained that the macroeconomic environment was significantly disrupted by the Covid-19 pandemic, necessitating Mr. President’s presentation of a revised 2020 budget on 28th May, 2020 which was signed into law on 10th July, 2020.

Interestingly, the 2021 FGN Budget Proposal was also laid on the 8th of October, 2020. This underscores the Buhari Administration’s commitment to firmly return the country to a January – December Budget cycle.

The FGN 2021 Budget of ‘Economic Recovery and Resilience’ is expected to reposition the Nigerian economy on the path of recovery, growth and resilience.

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About Budget Office

The Budget Office of the Federation was established to provide budget function, implement budget and fiscal policies of the Federal Government of Nigeria. The Budget Office is structured into six departments - six operational departments and three units. Each department is sub-divided into divisions for functional purposes.

All budget systems have three basic tasks: Maintain aggregate fiscal discipline, Allocate resources in accordance with government priorities, Promote the efficient delivery of services.

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