Buhari presents N8.83trillion budget proposal for 2019

President Muhammadu Buhari has presented N8.83trillion budget proposal for 2019 to a joint session of the National Assembly, NASS.

Buhari was accompanied to the National Assembly by Vice President Yemi Osinbajo and members of the Federal Executive Council, FEC, on Wednesday.

Buhari presents N8.83trillion budget for 2019 lailasnews 3
Buhari presents N8.83trillion budget proposal for 2019


Loud ovation and encomiums heralded Buhari’s arrival to the joint session with shouts of “Sai Baba’’ as he waved to the crowd.

Senate President Bukola Saraki and Speaker of House of Representatives Yakubu Dogara jointly presided over the joint session, with Saraki introducing the ceremony, Premium Times reports.

The proposed budget shows that about a quarter of the sum (N2.14 trillion) will be used for debt servicing while capital expenditure is expected to gulp N2.031 trillion.

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See more breakdown below.

Recurrent – N4.04 trillion
Debt service – N2.14 trillion
Statutory transfer – N492.36 billion
Sinking fund – N120 billion
Capital expenditure – N2.031 trillion

318 Comments

  1. I dont know what his wrong with dis buhari, because he does not no either dey we collect the goverment from him in the next year or not, so why he cant wait till next year before doing such things

  2. The budget of 2018 is still there not accomplished he has started the proposal for 2019 budget…..when he is not even sure he is gonna be elected as the President

  3. Buhari is really trying to win next year’s election, presenting budget for next year wen we are still in 2018, this is good, I hope he wins the election anyway

  4. debt service alone 2.14 trillion this is too much and capital expenditure is lesser than amount for debt service God please help this nation

  5. 2018 is still there not accomplished he has started the proposal for 2019 budget…..when he is not even sure he is gonna be elected as the President

  6. This is the first in the history of Nigeria. They usually submit budget almost middle of the year.

  7. i thought there was suppose to be a breakdown of expenditure for the various ministries and sector? anyhow let see how its goes

  8. this seems to be too much. but you can predict what will happen tomorrow, so there is nothing wrong in presenting the budget, all is well

  9. Why waste his time in 2019 budget when he hasn’t asked for 2018 account to know how d budget was used. Besides who told him he is even sure of winning.

  10. This budget is not good all.he is yet to complete the ones of 2018 and he is presenting another one God help our country Nigeria

  11. This year’s budget have not even been accomplished yet and he’s presenting next year’s own, that his not even sure whether he will still remain the president by that time, may God have mercy on this country

  12. This is a prophecy made by man not God.man promises and fails but God can never fail when he makes a promise

  13. This is not right in the side of the President. He shouldn’t have released the budget because he is not even sure he would be elected 2019. May God help Nigerians.

  14. The budget under this government has become more of a ritual than policy document. Reason being that the 3 previous budget have not improved on our standard of living.

  15. This is a new method of completely duping our money before vacation from office. Please don’t budget for us again. Be open and do your political campaign and don’t use our economy for nonsense political propaganda.

  16. Oh my goodness. Nigeria is about 1.8million in population but I know that the number has come down due to massive killing. The money is enough to settle every Nigerian even the ones in the womb and still have enough for their expenses.

  17. Hmm buhari….trying to win people heart by presenting 2019 budget wen he has not even accomplished 2018 own ….nawa oo

  18. I still think he shud officially retire, why does an old man insist on working….is it that he does not have children to take care of him.

  19. Its so unfortunate how this administration are clueless and can’t perform thier job as it should be.we shall see come 2019

  20. You have started ! In fact must you people continue to fool us. Every time budget this budget that! Yet to meet up with it becomes a problem.

  21. where is the accomplished 2018 budgets, now there are bring in another one. Nigeria Leaders God will judge you all.

  22. Thank God he has finally presented the budget. But there is a problem with that budget. How can allocation for debt service be higher than capital expenditure. There is serious trouble in thus country.

  23. Na waw ooo, 2018 budget is just being presented. Is this man a president of a nation or a notorious village head who lacks wisdom to pilot the affairs of his people?

  24. That is the only thing that our oga President know hw to so best, presenting budget that will not in anyway affect the lives of the citizens, we not yet done with 2018 budget and here is our President presenting 2019 budget. what Nonsense!!

  25. This country needs urgent intervention. The amount for debt servicing surpasses that of capital expenditure in 2019 budget.
    God pls save us in Nigeria.

  26. Finally the next year budget is out that’s good but that will not determine Buhari been our next president only our votes will tell.

  27. I pray this help in the development of the country, because I don’t know why the amount of debt is more than that of capital

  28. This year’s budget hasn’t been achieved yet and here you are making another huge budget against next year, do you know what next year will give birth to? You should have at least waited till next year b4 you make such huge budget.

  29. the figures relating to debt servicing is quite staggering,what is this government doing with the borrowed funds for goodness sake

  30. This country is Dom under Buhari Administration. This is the highest in the history of Nigeria. 8.83trillion naira. We finished

  31. The budget and this economy is just not making me to smile at all. How are we going to fund this budget is another issue

  32. God please help our country with good leadership, The 2018 budget has not been accomplished and he talking of 2019.

  33. This is 2018 and we already have a budget ,I smell a rat doing good because election is coming up .thumps up our president

  34. Do we really need a 2019 budget when the 2018 version only got 67% performance rate? Am at a loss for words.

  35. The worst of it,is that even after this whole thing….By the end of next year nothing will be showed for it,but yet the budget will get finished

  36. The budget of 2018 is still there which is zero not accomplished and he has started the proposal for 2019 budget.

  37. Debt services more than expenditure may God help us in 2019 o. Hope Mr president is not trying to play smart

  38. About a quarter of budget (2.14trillion) for debt servicing, the highest ever recorded. Now dis does not mean we no longer owe money as a nation. It just so dat we can borrow more. Just let that sink in.

  39. am sure that this is not the final budget because their will still be adjustment in it…

  40. It is only in nigeria recurrent expenditure is more than capital expenditure i wonder when we want to develop and grow

  41. Oga president we don’t understand your way again we never finish 2018 you are presenting this amount as budget is not even that poor people are included in the budget pls allow us to cross over before

  42. How sure are we that the amount of money needed to hold this country together is accurately planned for.. Or will NLC, ASUU, JOHESU,NMA and the likes go for strike again

  43. Till year 2019 when we will know who will be in charge to execute the budget.God should bless this country of ours with the best leader

  44. Having looked at the breakdown of the budget, is there any year that the proposed capital expenditure would be greater than the recurrent expenditure ?

  45. Show Nigerians what we achieved since 2016 budgets? Nothing… Infrastructure? Zero.. Education? O. Security? O. Will must vote you out

  46. This budget was released to early… Andrew this budget of a thing I don’t even understand it because is like non are coming to past.. It’s well

  47. We don’t need the Budget but we need project.
    Where are the project for 2018 budget that was presented sir

  48. Budget keeps increasing yearly with little or no impact on our Economy

    Imagine using quarter the budget to service debt
    This country is a poo hole

  49. The budget that won’t be implemented! I don’t understand why our leaders are taking us for granted.

  50. This man is rest assured he will win 2019 election that is why he is presenting a new budget bah?? Funny sha

  51. Buhari continue presenting budgets ooo.Even give us the one of 2020 self no problem But, you need to take sometime to think before moving forward

  52. the funniest part is that ,,
    upon how they listed this budget the money will not still spread, it will just circulate to the big men them.

  53. But why the early presentation of budget Mr President.. With this huge amount I know all will end in stealing and corruption

  54. This country needs urgent intervention. The amount for debt servicing surpasses that of capital expenditure in 2019 budget.
    God pls save us in Nigeria

  55. The budget of 2018 is still there not accomplished he has started the proposal for 2019 budget…..when he is not even sure he is gonna be elected as the President

  56. How come N2.14 trillion is laid aside for debt, how did the federal government go in such huge debt yet the country has resources, hope the budget is well followed and also to reduce unemployment rate in Nigeria

  57. I don’t like the debt aspect, N2.14Trillion on debt, the federal government should stop sending unnecessarily and invest to reduce unemployment rate in Nigeria thereby raising the economic standard of Nigeria

  58. Please compare and contrast dept expenditure and capital expenditure. I hope minimum wage will be included

  59. I urge the national assembly to make these 2019 budget approval in time so it will be like the 2018 budget that was submitted by the executive around oct 2017 and approved woefully in the middle of 2018 by the national assembly and they claim the fact that they fighting fir nigerian,i’m confused.

  60. The budget for 2018 what has been accomplished? Now a new budget where are we heading to in this country.

  61. We as well want the breakdown for each ministry, and I hope all this won’t go on campaign and elections?

  62. Always paying debt. No physical development,

    the citizens are suffering. May God help nigeria
    Our leaders help us to develop this country please.

  63. Abeg the budget they made for this year what did they do with it? And they are making this huge budget again..abeg for what?

  64. 8.83 trillion naira… And with all this huge amount he will not increase minimum wage and that will not stop strike here and there

  65. 8.83 trillion naira is huge amount but what percentage of the budget will be implemented in 2019. That’s the problem.

  66. after everything, this money will enter some people pocket without it being used for the betterment of the masses

  67. Well that’s a very nice proposal I hope all this money is going for projects not been squanderd by some political parties

  68. The budget under this government has become more of a ritual than policy document. Reason being that the 3 previous budget have not improved on our standard of living.

  69. There is nothing to rejoice over the budget since it will be used in servicing all kinds of debts.

  70. Reeling out Trillions of Naira every year without corresponding effect on the Life of Nigerians.

    Insanity is doing the same thing over and over again and expecting different results.

    This is not about APC or PDP. Nigeria is simply not working with the current arrangement. The unemployment rate is rising daily and the Population is increasing without corresponding increase in revenue and resources of the Nation.

    Imaging a man who earns 200 thousands Naira a month with 4 children and after 16 years he has a total number of 10 children with the same amount of money. If he does not create additional avenue to support his family, he will find it difficult to meet up.

  71. They don dey present budget dey sign budge since still we nor dey see any effect, no change for economy nothing nothing. May God help us..

  72. Again the education sector has been relegated to the back in the budget , as far as the education sector always come last in our budget, social problems will continue.

  73. 2018 went far before he presented the 2018 budget, now still in 2018 hevis presenting the 2019 budget abeg I tire for this government.

  74. What do you expect from a person who is not business oriented. My own is let him do what he has said finish. Not another lie.

  75. There is such money in this country and the citizens are suffering, bringing budget and they will not execute up to 20% of it

  76. It is probably the last budget he will ever present to the National Assembly bcos he could lose the 2019 Election.

  77. 2018 is still there not accomplished he has started the proposal for 2019 budget…..when he is not even sure he is gonna be elected as the President

  78. Buhari should at least settle one before jumping to the other. He should accomplish the 2018 budget before the 2019 budget

  79. All this things his doing,is just for him to be elected,but I know he won’t be given another chance

  80. The huge budget of 2018 was not fully implemented, now here we are with #8.83trillion for 2019 budget.. Implementation is the problem.. God help us

  81. Why waste his time in 2019 budget when he hasn’t asked for 2018 account to know how d budget was used. Besides who told him he is even sure of winning even ww dont know if the budget is going to be well implemented.

  82. I dont know what his wrong with dis buhari, because he does not no either dey we collect the goverment from him in the next year or not, so why he cant wait till next year before doing such things

  83. Sai baba is desperate to win this election ooooooo… 2.trillion for 2019 meanwhile we’ve not accomplished 2018 budget… What a Wawu!

  84. Hhmm..I love this early presentation of the budget oo
    2018 budget was few months ago
    Kudus to Mr president, I hope this favours ordinary Nigerian too

  85. He is doing all these just to capture the mind and interest of the people to vote for him come next year….these are political strategies.

  86. ri, because he does not no either dey we collect the goverment from him in the next year or not, so why he cant wait till next year before doing such things

  87. This is incredible. It is about making budget rather about enforcing the budget. Nigerians are wise this time, no amount of money he mentions can fool them. We want results not words..

  88. Again the education sector has been relegated to the back in the budget , as far as the education sector always come last in our budget, social problems will continue.

  89. I just pray it will not delay in the implementation like that of last year. We should forget about party differences and work for the progress of the Nigerian economy

  90. You see as it easy to call.
    But hard to put it in use.
    This country is bless with many things oh.
    Hear money.

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