{"id":97829,"date":"2023-10-16T21:03:38","date_gmt":"2023-10-16T20:03:38","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/fg-mulls-n26trn-budget-proposal-for-2024"},"modified":"2023-10-16T23:39:03","modified_gmt":"2023-10-16T22:39:03","slug":"fg-mulls-n26trn-budget-proposal-for-2024","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/fg-mulls-n26trn-budget-proposal-for-2024","title":{"rendered":"FG mulls N26trn budget proposal for 2024"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>The Federal Government plans to propose N26 trillion as the 2024 budget, which will be submitted to the National Assembly before December 31.<\/p>\n

Atiku Bagudu, Minister of Planning and Budget, announced the budget proposal at the end of the Federal Executive Council (FEC) meeting held on Monday at the Presidential Villa, Abuja.<\/p>\n

Bagudu said the council has approved the 2024\u20132026 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Papers (FSP).<\/p>\n

According to him, the Fiscal Responsibility Act requires the executive to present to the National Assembly, ahead of a budget presentation, a document that will provide the medium-term economic outlook for the economy.<\/p>\n

He said FEC made assumptions about the reference price for crude oil at $73.96 and an exchange rate of $700.<\/p>\n

\u201cNow, it was presented on the background of the commendable measures that have been taken since June to restore macroeconomic stability, particularly the deregulation of petroleum prices, for which we maintained that subsidies are gone, and indeed the regulation of the foreign exchange market.<\/p>\n

\u201cSo Council deliberated, as well as the implication of this and all measures promised in the Renewed Hope Agenda, consumer credits, mortgages, reversed or dismissed institutions, as well as funding the newly aligned institutional changes, particularly ministries with specific functions that can generate growth that would be better for our country.<\/p>\n

\u201cThe council members acknowledge the medium-term expenditure framework, and it is agreed that we can go ahead to the next step of consultation and presentation to the National Assembly,\u201d he said.<\/p>\n

The government approved a budget of N21.83 trillion for the 2023 fiscal year.<\/p>\n

For More News And Analysis About Nigeria<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. The Federal Government plans to propose N26 trillion as the 2024 budget, which will be submitted to the National Assembly before December 31. Atiku Bagudu, Minister of Planning and Budget, announced the budget proposal at the end of the Federal Executive Council (FEC) meeting held on Monday at the Presidential Villa, Abuja. […]<\/p>\n","protected":false},"author":84,"featured_media":97828,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[1570,2140,1123,198,701,254],"class_list":["post-97829","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-nigeria-2","tag-atiku-bagudu","tag-budget","tag-fg","tag-nigeria"],"yoast_head":"\nFG mulls N26trn budget proposal for 2024 - Nigeria<\/title>\n<meta name=\"description\" content=\"The Federal Government plans to propose N26 trillion as the 2024 budget, which will be submitted to the National Assembl ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/fg-mulls-n26trn-budget-proposal-for-2024\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FG mulls N26trn budget proposal for 2024\" \/>\n<meta property=\"og:description\" content=\"The Federal Government plans to propose N26 trillion as the 2024 budget, which will be submitted to the National Assembl ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/fg-mulls-n26trn-budget-proposal-for-2024\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-16T20:03:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-16T22:39:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/10\/sm_1697479415.399353.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"900\" \/>\n\t<meta property=\"og:image:height\" content=\"568\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/fg-mulls-n26trn-budget-proposal-for-2024#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/fg-mulls-n26trn-budget-proposal-for-2024\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"FG mulls N26trn budget proposal for 2024\",\"datePublished\":\"2023-10-16T20:03:38+00:00\",\"dateModified\":\"2023-10-16T22:39:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/fg-mulls-n26trn-budget-proposal-for-2024\"},\"wordCount\":274,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/fg-mulls-n26trn-budget-proposal-for-2024#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/10\/sm_1697479415.399353.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Nigeria\",\"Atiku Bagudu\",\"Budget\",\"FG\",\"Nigeria\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/fg-mulls-n26trn-budget-proposal-for-2024#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/fg-mulls-n26trn-budget-proposal-for-2024\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/fg-mulls-n26trn-budget-proposal-for-2024\",\"name\":\"FG mulls N26trn budget proposal for 2024 - Nigeria\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/fg-mulls-n26trn-budget-proposal-for-2024#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/fg-mulls-n26trn-budget-proposal-for-2024#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/10\/sm_1697479415.399353.jpg\",\"datePublished\":\"2023-10-16T20:03:38+00:00\",\"dateModified\":\"2023-10-16T22:39:03+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"The Federal Government plans to propose N26 trillion as the 2024 budget, which will be submitted to the National Assembl ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/fg-mulls-n26trn-budget-proposal-for-2024#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/fg-mulls-n26trn-budget-proposal-for-2024\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/fg-mulls-n26trn-budget-proposal-for-2024#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/10\/sm_1697479415.399353.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/10\/sm_1697479415.399353.jpg\",\"width\":900,\"height\":568,\"caption\":\"FG mulls N26trn budget proposal for 2024\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/fg-mulls-n26trn-budget-proposal-for-2024#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/nigeria\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FG mulls N26trn budget proposal for 2024\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#website\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/\",\"name\":\"Africa Press | Nigeria | Homepage\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/nigeria\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/author\/cfeditoren\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"FG mulls N26trn budget proposal for 2024 - Nigeria","description":"The Federal Government plans to propose N26 trillion as the 2024 budget, which will be submitted to the National Assembl ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/nigeria\/economy\/fg-mulls-n26trn-budget-proposal-for-2024","og_locale":"en_US","og_type":"article","og_title":"FG mulls N26trn budget proposal for 2024","og_description":"The Federal Government plans to propose N26 trillion as the 2024 budget, which will be submitted to the National Assembl ...","og_url":"https:\/\/www.africa-press.net\/nigeria\/economy\/fg-mulls-n26trn-budget-proposal-for-2024","og_site_name":"Nigeria","article_published_time":"2023-10-16T20:03:38+00:00","article_modified_time":"2023-10-16T22:39:03+00:00","og_image":[{"width":900,"height":568,"url":"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/10\/sm_1697479415.399353.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/fg-mulls-n26trn-budget-proposal-for-2024#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/fg-mulls-n26trn-budget-proposal-for-2024"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"FG mulls N26trn budget proposal for 2024","datePublished":"2023-10-16T20:03:38+00:00","dateModified":"2023-10-16T22:39:03+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/fg-mulls-n26trn-budget-proposal-for-2024"},"wordCount":274,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/fg-mulls-n26trn-budget-proposal-for-2024#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/10\/sm_1697479415.399353.jpg","keywords":["Africa Press","Africa Press-Nigeria","Atiku Bagudu","Budget","FG","Nigeria"],"articleSection":["all news","Economy"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/nigeria\/economy\/fg-mulls-n26trn-budget-proposal-for-2024#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/fg-mulls-n26trn-budget-proposal-for-2024","url":"https:\/\/www.africa-press.net\/nigeria\/economy\/fg-mulls-n26trn-budget-proposal-for-2024","name":"FG mulls N26trn budget proposal for 2024 - Nigeria","isPartOf":{"@id":"https:\/\/www.africa-press.net\/nigeria\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/fg-mulls-n26trn-budget-proposal-for-2024#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/fg-mulls-n26trn-budget-proposal-for-2024#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/10\/sm_1697479415.399353.jpg","datePublished":"2023-10-16T20:03:38+00:00","dateModified":"2023-10-16T22:39:03+00:00","author":{"@id":"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"The Federal Government plans to propose N26 trillion as the 2024 budget, which will be submitted to the National Assembl ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/fg-mulls-n26trn-budget-proposal-for-2024#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/nigeria\/economy\/fg-mulls-n26trn-budget-proposal-for-2024"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/fg-mulls-n26trn-budget-proposal-for-2024#primaryimage","url":"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/10\/sm_1697479415.399353.jpg","contentUrl":"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/10\/sm_1697479415.399353.jpg","width":900,"height":568,"caption":"FG mulls N26trn budget proposal for 2024"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/nigeria\/economy\/fg-mulls-n26trn-budget-proposal-for-2024#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/nigeria\/"},{"@type":"ListItem","position":2,"name":"FG mulls N26trn budget proposal for 2024"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/nigeria\/#website","url":"https:\/\/www.africa-press.net\/nigeria\/","name":"Africa Press | Nigeria | Homepage","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/nigeria\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","url":"https:\/\/www.africa-press.net\/nigeria\/author\/cfeditoren"}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/posts\/97829","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/comments?post=97829"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/posts\/97829\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/media\/97828"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/media?parent=97829"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/categories?post=97829"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/nigeria\/wp-json\/wp\/v2\/tags?post=97829"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}