The recurrent multiplier: Capital expenditure or Recurrent expenditure?
The President signed the 2022 budget into law on 31st December 2021. This is commendable as it marks the alignment ...
Tag: Recurrent expenditure
Nigeria spends N29 trillion on recurrent (non-debt) expenditure in last 10 years
Nigeria spent N29.3 trillion on recurrent expenditure, 10x more than capital expenditure.
President Buhari signs 2021 budget of N13.58 trillion
President Muhammadu Buhari has signed the 2021 Appropriation bill of N13.5 trillion into law.
How capital and recurrent expenditure work, a case study of Lagos & Enugu
Capital expenditure is mostly investment in assets that are used over time in the provision of goods or services to ...
Here’s a breakdown of Lagos State 2018 N1.046 trillion budget
Christened the 2018 Budget “Budget of Progress and Development.” Earmarks 67% To Capital Expenditure, 33% For Recurrent. Targets N720bn Intenally ...
