Nigeria National Budget Since 2011 To 2026
Nigeria National Budget Since 2011 To 2026
Here is a breakdown of Nigerian national annual budgets between Jonathan, Buhari and Tinubu presidencies:
2011–2015 (Jonathan): ₦23.33 Trillion (With Subsidy)
2016–2023 (Buhari): ₦94.90 Trillion (With Subsidy)
2024–2026 (Tinubu): ₦152.09 Trillion (Without Subsidy)
Under Goodluck Jonathan, the total federal budget between 2011 and 2015 was ₦23.33 trillion. Under Muhammadu Buhari, the total budget from 2016 to 2023 was ₦94.90 trillion. Yet in just three years, from 2024 to 2026, Bola Tinubu’s administration will spend an estimated ₦152.09 trillion, around ₦60 trillion more than Buhari spent in eight years and over six times what Jonathan spent in five years.
Yet, Nigeria is not better off than they were in 2015 and 2023, when Jonathan and Buhari handed over, respectively.
Here’s the annual breakdown for quick verification:
2011: ₦4.48 trillion
2012: ₦4.69 trillion
2013: ₦4.98 trillion
2014: ₦4.69 trillion
2015: ₦4.49 trillion
2016: ₦6.06 trillion
2017: ₦7.44 trillion
2018: ₦9.12 trillion
2019: ₦8.92 trillion
2020: ₦10.81 trillion (Amended to ₦10.5 trillion due to COVID-19)
2021: ₦13.59 trillion
2022: ₦17.13 trillion (Adjusted with a ₦982 billion supplementary budget)
2023: ₦21.83 trillion
2024: ₦28.78 trillion
2025: ₦54.99 trillion
2026: ₦68.32 trillion
