2024 Budget: Federal Government To Spend 29.18% On Salaries, Pensions

Eko Hot Blog reports that the Federal Government of Nigeria plans to allocate 29.18% of its total budget for 2024 to 2026 to salaries, overheads, and pensions, amounting to N24.66 trillion of the N84.50 trillion planned expenditure. Anticipated salary increases are expected to push personnel costs up by 8.51% to N7.99 trillion in 2024, then … Read more