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Q3 2020 Budget Implementation Report

Budgets
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Overview

The document is the Third Quarter Budget Implementation Report (BIR) for 2020, published by the Budget Office of the Federation in Nigeria. It covers the period July-September 2020, highlighting the impact of the COVID-19 pandemic on the global and domestic economy. The report details fiscal performance, with actual aggregate revenue of ₦2.55 trillion (63.43% of prorated target) and expenditure of ₦7.13 trillion (95.32% of prorated budget). Key government priorities include the Economic Recovery and Growth Plan (ERGP) 2017-2020, the 2020 Budget titled 'Budget of Sustaining Growth and Job Creation', and adherence to the Fiscal Responsibility Act 2007. The report emphasizes transparency, accountability, and the role of the National Assembly's Joint Finance Committee and Fiscal Responsibility Commission. Notable entities include Minister Zainab Shamsuna Ahmed, the Budget Office of the Federation, and the Ministry of Finance, Budget and National Planning.

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Q3 2020 Budget Implementation Report