National Assembly Budget in Nigeria

History of National Assembly Budget in Nigeria (1999 to Date)

Last updated on August 27th, 2023 at 12:19 am

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In 1999, the budget of Nigeria’s National Assembly was NGN2,204,150,000, but in 2023, the budget was increased to NGN228,106,146,208, meaning their expenditure increased by NGN225,901,996,208 within 23 years.

From N2.2 billion to N228.1 billion, here is history of the budget of National Assembly in Nigeria between 1999 to 2023:

  • 1999: NGN2.2bn
  • 2000: NGN29.5bn
  • 2002: NGN28.2bn
  • 2003: NGN23.3bn
  • 2004: NGN34.7bn
  • 2005: NGN55.4bn
  • 2006: NGN45bn
  • 2007: NGN60bn
  • 2008: NGN73.7bn
  • 2009: NGN123bn
  • 2010: NGN154bn
  • 2011: NGN111bn
  • 2012: NGN150bn
  • 2013: NGN150bn
  • 2014: NGN150bn
  • 2015: NGN120bn
  • 2016: NGN115bn
  • 2017: NGN125bn
  • 2018: NGN139.5bn
  • 2019: NGN128bn
  • 2020: NGN128bn
  • 2021: NGN134bn
  • 2022: NGN139bn
  • 2023: NGN228.1bn

How many lawmakers are in Nigeria’s National Assembly?

The National Assembly in Nigeria is made up of 469 lawmakers: 109 in The Senate while the House of Representatives has 360 lawmakers.

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According to them, their capital expenditure is very crucial to build the Nation and for them to adequately deliver dividends of democracy to the common man.

What does Nigeria’s lawmaker’s budgetary allocation mean?

By these figures, it means the budgetary allocation for bother Houses increased by 10,268.18% 23 years after, meaning by December 20203, NGN2.618 Trillion would have been spent to maintain the lawmaking body since 1999, according to the data obtained by InfomediaNG.

1999 budget analysis of the National Assembly

  • Total for 2023 Fiscal Year: NGN2,204,150,000
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A further analysis of the National Assembly budget in 1999 done by BudgIT, Nigeria’s No. 1 civic tech organization, which simplifies the financial reports on Nigeria’s budget showed that in 1999, when Nigeria’s democracy was at its nascent,  a total of NGN2,204,150,000 was allocated for the running of the combined legislative arm between July – December 1999.

It is important to point out that Nigeria’s inflation rate in 1999 was 6.62%, compared to 22.79% as of July 2023, meaning it costs more to maintain the Upper and Lower Legislative Chamber.

Here is the summary of capital details of the National Assembly in 1999:

  • Purchase of vehicles: NGN880,000,000.00
  • Purchase of 8 senate coaster bus: 40,000,000,00
  • Purchase of Office Equipment: NGN135,000,000.00
  • Purchase of Library Books (a) Law Library: NGN20,000,000.00
  • Furnishing and equipping Constituency office: NGN261,580,000.00
  • Purchase of 100 Motor Cycles for members personal aides: NGN23,000,000
  • Provision of street light from The Chamber to Eagle square: NGN175,000,000.00 etc

Budget analysis of National Assembly in 2023

  • Total for 2023 Fiscal Year: NGN228,106,146,208
  • FG’s Approved Budget for 2023: NGN21.8 trillion

Of the N228.1 billion, the House of Representatives is to get the biggest share of about N52 billion while the Senate will get N33.2 billion.

While Muhammadu Buhari who had a few months in office sent N20.5 trillion to the National Assembly, the Federal lawmakers added over NGN1.3 trillion, making it NGN21.8 trillion budget for 2023.

Out of NGN967.5 billion approved for Statutory Transfers (which also captures the National Assembly’s budget), they approved for themselves NGN228.1 billion for 2023 legislative year.

Buhari proposed NGN169 billion for National, but the lawmakers added NGN59.1 billion.

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Here is the summary of capital details of the National Assembly for 2023:

  • General service: NGN11.3 billion
  • Constitution review:  NGN850 million
  • National Assembly office: NGN30.5 billion
  • National Assembly liabilities: NGN8.5 billion
  • National Assembly e-library: NGN255 million
  • Construction of NASC building: NGN10 billion
  • National Assembly dashboard: NGN118.1 million
  • House Public Accounts Committee: N142.8 billion
  • National Assembly library building: NGN4.2 billion
  • Completion of NILDS headquarters: NGN2.5 billion
  • Senate Public Account Committee:  NGN118.9 billion
  • Senate Committee on Appropriations: NGN125 million
  • House Committee on Appropriations: NGN165 million
  • Service-wide vote of the legislature: NGN671.3 million
  • Office of retired clerks and permanent secretaries: N1 billion
  • National Assembly Service Commission (NASC): N10.5 billion
  • Completion of National Assembly library complex: NGN7.5 billion
  • Severance for outgoing/inauguration new lawmakers/aides: NGN30.1 billion
  • Hosting of the conference of speakers of African parliament: NGN127 million
  • National Institute for Legislative and Democratic Studies (NILDS): NGN7.4 billion

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