Buhari praises 2020 budget performance, tasks revenue agencies with meeting 2021 target
President Buhari issues warnings to government's revenue agencies to work hard to meet their targets.
President Muhammadu Buhari has said his administration achieved an ‘impressive’ 97.7 per cent overall performance of the
The president said this at the State House in Abuja after signing the N13.6 trillion 2021 budget into law on Thursday. He also signed the 2020 Finance Bill into law.
“In spite of the adverse impact of the Coronavirus Pandemic on the nation’s economy and the Government’s revenues, we have made appreciable progress in the implementation of the 2020 Budget. As at December 2020, we had released about One-point-Seven-Four-Eight Trillion Naira (N1.748 trillion) out of a total of the One-Point-Nine-Six-Two Trillion Naira (N1.962 trillion) voted for the implementation of critical capital projects, representing a performance of about Eight-Nine-Point-One Percent (89.1%).