Overview

The document is a summary table from the 2024 Appropriation Act Budget of the Federal Government of Nigeria. It details the projected independent revenue from various sources for the year 2024. The main components include: MDAs' Internally Generated Revenue (IGR) from earnings, sales, fees, and licenses amounting to ₦732,450,000,000.00; Net Consolidated Revenue from Personal Income Tax (PIT) and Pay-As-You-Earn (PAYE) totaling ₦77,983,636,835.00; and Government-Owned Enterprises' (GOEs) revenue, which is the operating surplus (80% of FRA) at ₦1,097,342,111,928.29. The total under the Medium-Term Fiscal Framework (MTFF) is ₦1,907,775,748,763.29. A buffer (OPS) at budget is ₦355,048,418,904.12, leading to a grand total of ₦2,262,824,167,667.41. Acronyms used: GOEs for Government-Owned Enterprises and MDAs for Ministries, Departments, and Agencies.

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