Annual Budget Performance Review

Governmental appropriation acts have been plagued by inadequate implementation for a while now because of late submission of executive proposals, revised bills, intervention by the Legislature, and selective implementation, to name a few. As a result, Nigeria's economy continues to be heavily dependent on the export of primary commodities, mainly crude oil, due to a lack of adequate infrastructure. The country's economic crisis, which has been characterized by macroeconomic instability and a low quality of life, is further exacerbated by this circumstance.

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