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Economic Alert| Assessing the 2021 FGN Budget external email | |
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Dear Subscriber We’re delighted to share our latest Nigeria Economic Alert- Assessing the 2021 FGN Budget. The Appropriation Act of 2021 earmarks an estimated N13 trillion in 2021 for the Federal Government budget. Our alert shares insights on the 2021 budget; assessing its components and examining the trends exhibited overtime. The year 2020 was plagued by the effects of the COVID 19 pandemic. It revealed lapses within the Nigerian revenue generation structure and sparked the need to further diversify the economy, and initiate institutional reforms aimed at improving productivity in the public sector while reducing the cost of governance. PwC believes that continuous implementation of the 2021 budget will avert an impending recession due to the pandemic. To read the full alert, click the download button below. To discuss it in detail, please see contacts below: |
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Contact Us Andrew S. Nevin, PhD Partner & Chief Economist andrew.x.nevin@pwc.com | Omomia Omosomi Manager/Economist omomia.omosomi@pwc.com |
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