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Q4 2019 Budget Implementation Report

Budgets
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Overview

The document is the Fourth Quarter and Consolidated 2019 Budget Implementation Report (BIR) from the Ministry of Finance, Budget and National Planning of Nigeria. It includes a foreword by the Honourable Minister, Zainab Shamsuna Ahmed, and a preface from the Budget Office of the Federation. The report analyzes the performance of the 2019 budget, titled 'Budget of Continuity', which aligns with the Economic Recovery and Growth Plan (ERGP). Key points include adherence to the Fiscal Responsibility Act (FRA) 2007, challenges such as late budget passage and revenue shortfalls due to oil sector volatility, and achievements including ₦1,165.51 billion in capital expenditure by December 2019, contributing to positive GDP growth. The report emphasizes transparency, accountability, and public engagement in financial management.

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Q4 2019 Budget Implementation Report