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2021 FOURTH QUARTER BUDGET PERFORMANCE FOR PUBLICATION

A  P  P  R  O  V  E  D     B  U  D  G  E  T    FOR  T H E  Y E A R BUDGET ACTUAL BGT BUDGET ACTUAL BGT BUDGET ACTUAL YEAR BUDGET BGT
CODE DETAILS OF EXPENDITURE 2021 2021 ADD/SUBTRACTION 2021 REVISED BGT JUL – SEPT (2021) JUL – SEPT (2021) PERF OCT – DEC (2021) OCT – DEC (2021) PERF JAN – DEC (2021) JAN – DEC (2021) BALANCE PERF
# # # # # % # # % # # # %
A. RECEIPTS
(i) Internally Generated Revenue 36,041,812,364.00 0.00 36,041,812,364.00 9,010,453,091.00 6,936,563,703.82 77% 9,010,453,091.00 7,723,637,078.43 86% 36,041,812,364.00 33,018,502,292.48 3,023,310,071.52 92%
(ii) Federal Sources 81,647,194,695.39 0.00 81,647,194,695.39 20,411,798,673.85 21,993,650,169.68 108% 20,411,798,673.85 19,581,738,480.23 96% 81,647,194,695.39 76,463,253,387.57 5,183,941,307.82 94%
(iii) Capital Receipts 52,119,590,490.82 0.00 52,119,590,490.82 13,029,897,622.71 17,028,632,507.92 131% 13,029,897,622.71 0.00 0% 52,119,590,490.82 25,430,870,912.54 26,688,719,578.28 49%
(iv) Opening Balance 9,078,564,294.76 0.00 9,078,564,294.76 2,269,641,073.69 2,269,641,073.69 100% 2,269,641,073.69 2,269,641,073.69 100% 9,078,564,294.76 9,078,564,294.76 0.00 100%
Total (A1 – A3) 178,887,161,844.97 0.00 178,887,161,844.97 44,721,790,461.24 48,228,487,455.11 108% 44,721,790,461.24 29,575,016,632.35 66% 178,887,161,844.97 143,991,190,887.35 34,895,970,957.62 80%
B. PAYMENTS
1 Personnel
(i)    Ministries/Department
        *    Administration Sector 4,510,000,000.00 0.00 4,510,000,000.00 1,127,500,000.00 732,948,619.45 65% 1,127,500,000.00 913,027,097.56 81% 4,510,000,000.00 3,152,680,323.56 1,357,319,676.44 70%
        *    Economic Sector 2,413,000,000.00 0.00 2,413,000,000.00 603,250,000.00 694,836,918.81 115% 603,250,000.00 1,047,180,256.76 174% 2,413,000,000.00 3,167,685,264.45 (754,685,264.45) 131%
        *    Law & Justice Sector 2,495,000,000.00 0.00 2,495,000,000.00 623,750,000.00 559,322,492.16 90% 623,750,000.00 562,873,763.70 90% 2,495,000,000.00 2,262,770,480.73 232,229,519.27 91%
        *    Social Sector 1,137,000,000.00 0.00 1,137,000,000.00 284,250,000.00 247,742,489.00 87% 284,250,000.00 275,208,281.52 97% 1,137,000,000.00 1,036,115,494.51 100,884,505.49 91%
Sub Total 10,555,000,000.00 0.00 10,555,000,000.00 2,638,750,000.00 2,234,850,519.42 85% 2,638,750,000.00 2,798,289,399.54 106% 10,555,000,000.00 9,619,251,563.25 935,748,436.75 91%
Personnel
(ii)   Parastatals
        *    Administration Sector 455,000,000.00 0.00 455,000,000.00 113,750,000.00 82,455,398.13 72% 113,750,000.00 72,817,462.74 64% 455,000,000.00 342,390,853.03 112,609,146.97 75%
        *    Economic Sector 1,435,000,000.00 0.00 1,435,000,000.00 358,750,000.00 269,208,417.87 75% 358,750,000.00 264,102,676.68 74% 1,435,000,000.00 1,062,814,306.26 372,185,693.74 74%
        *    Law & Justice Sector 12,000,000.00 0.00 12,000,000.00 3,000,000.00 0.00 0% 3,000,000.00 0.00 0% 12,000,000.00 0.00 12,000,000.00 0%
        *    Social Sector 18,725,000,000.00 0.00 18,725,000,000.00 4,681,250,000.00 3,568,942,529.62 76% 4,681,250,000.00 3,722,501,034.44 80% 18,725,000,000.00 15,009,673,810.89 3,715,326,189.11 80%
Sub Total 20,627,000,000.00 0.00 20,627,000,000.00 5,156,750,000.00 3,920,606,345.62 76% 5,156,750,000.00 4,059,421,173.86 79% 20,627,000,000.00 16,414,878,970.18 4,212,121,029.82 80%
CRFC – SALARIES 208,206,869.32 0.00 208,206,869.32 52,051,717.33 27,657,496.56 53% 52,051,717.33 20,403,384.09 39% 208,206,869.32 105,221,277.13 102,985,592.19 51%
Total Personnel 31,390,206,869.32 0.00 31,390,206,869.32 7,847,551,717.33 6,183,114,361.60 79% 7,847,551,717.33 6,878,113,957.49 88% 31,390,206,869.32 26,139,351,810.56 5,250,855,058.76 83%
C SOCOAL BENEFITS 10,800,000,000.00 0.00 10,800,000,000.00 2,700,000,000.00 3,280,719,956.05 122% 2,700,000,000.00 2,501,404,504.35 93% 10,800,000,000.00 10,672,427,801.40 127,572,198.60 99%
D SOCIAL CONTRIBUTION 4,455,000,000.00 0.00 4,455,000,000.00 1,113,750,000.00 411,150,450.53 37% 1,113,750,000.00 480,776,297.49 43% 4,455,000,000.00 1,715,149,391.49 2,739,850,608.51 38%
E MISCELLANEOUS CONTRIBUTION 700,000,000.00 0.00 700,000,000.00 175,000,000.00 0.00 0% 175,000,000.00 0.00 0% 1,050,000,000.00 0.00 700,000,000.00 0%
F Overhead Cost
(i)    Ministries/Department
        *    Administration Sector 18,815,000,000.00 0.00 18,815,000,000.00 4,703,750,000.00 3,849,874,922.99 82% 4,703,750,000.00 3,956,117,812.71 84% 18,815,000,000.00 14,237,126,938.77 4,577,873,061.23 76%
        *    Economic Sector 3,941,000,000.00 0.00 3,941,000,000.00 985,250,000.00 554,770,252.51 56% 985,250,000.00 638,079,664.02 65% 3,941,000,000.00 2,716,487,992.82 1,224,512,007.18 69%
        *    Law & Justice Sector 774,000,000.00 0.00 774,000,000.00 193,500,000.00 213,339,654.14 110% 193,500,000.00 126,117,666.73 65% 774,000,000.00 534,295,909.80 239,704,090.20 69%
        *    Social Sector 322,000,000.00 0.00 322,000,000.00 80,500,000.00 60,190,070.00 75% 80,500,000.00 51,581,080.00 64% 322,000,000.00 193,001,785.00 128,998,215.00 60%
Sub Total 23,852,000,000.00 0.00 23,852,000,000.00 5,963,000,000.00 4,678,174,899.64 78% 5,963,000,000.00 4,771,896,223.46 80% 23,852,000,000.00 17,680,912,626.39 6,171,087,373.61 74%
Overhead Cost
(ii)   Parastatals
        *    Administration Sector 15,000,000.00 0.00 15,000,000.00 3,750,000.00 3,507,900.00 94% 3,750,000.00 1,500,000.00 40% 15,000,000.00 9,066,900.00 5,933,100.00 60%
        *    Economic Sector 427,000,000.00 0.00 427,000,000.00 106,750,000.00 53,882,300.00 50% 106,750,000.00 74,627,317.16 70% 427,000,000.00 208,397,758.91 218,602,241.09 49%
        *    Law & Justice Sector 0.00 0.00 0.00 0.00 0.00 0% 0.00 0.00 0% 0.00 0.00 0.00 0%
        *    Social Sector 583,000,000.00 0.00 583,000,000.00 145,750,000.00 108,421,520.00 74% 145,750,000.00 72,292,000.00 50% 583,000,000.00 364,215,495.00 218,784,505.00 62%
Sub Total 1,025,000,000.00 0.00 1,025,000,000.00 256,250,000.00 165,811,720.00 65% 256,250,000.00 148,419,317.16 58% 1,025,000,000.00 581,680,153.91 443,319,846.09 57%
FINANCIAL CHARGES 17,680,000,000.00 0.00 17,680,000,000.00 4,420,000,000.00 11,141,508,730.95 252% 4,420,000,000.00 23,421,201,663.98 530% 49,338,206,869.32 42,416,502,570.21 (24,736,502,570.21) 86%
Total Overhead Cost 42,557,000,000.00 0.00 42,557,000,000.00 6,219,250,000.00 4,843,986,619.64 78% 23,899,250,000.00 4,920,315,540.62 21% 74,215,206,869.32 60,679,095,350.51 (18,122,095,350.51) 82%
TOTAL REACURRENT EXPENDITURE  (B – F) 89,902,206,869.32 0.00 89,902,206,869.32 18,055,551,717.33 14,718,971,387.82 82% 35,735,551,717.33 14,780,610,299.95 41% 121,910,413,738.64 99,206,024,353.96 (9,303,817,484.64) 81%
G Difference A – (B to F) 88,984,954,975.65 0.00 88,984,954,975.65 22,246,238,743.91 25,056,760,632.00 113% 22,246,238,743.91 5,646,651,301.22 25% 56,976,748,106.33 44,785,166,533.39 44,199,788,442.26 79%
H Capital Expenditure
        *    Administration Sector 12,160,404,798.51 0.00 12,160,404,798.51 3,040,101,199.63 2,321,708,194.42 76% 3,040,101,199.63 1,745,620,866.24 57% 12,160,404,798.51 8,848,113,151.47 3,312,291,647.04 73%
        *    Economic Sector 40,018,818,182.00 0.00 40,018,818,182.00 10,004,704,545.50 12,111,056,506.09 121% 10,004,704,545.50 5,923,732,722.96 59% 40,018,818,182.00 38,560,734,590.37 1,458,083,591.63 96%
        *    Law & Justice Sector 750,500,000.00 0.00 750,500,000.00 187,625,000.00 100,000,000.00 53% 187,625,000.00 0.00 0% 750,500,000.00 148,407,548.40 602,092,451.60 20%
        *    Social Sector 12,765,727,273.00 0.00 12,765,727,273.00 3,191,431,818.25 1,588,076,859.74 50% 3,191,431,818.25 1,311,724,449.38 41% 12,765,727,273.00 6,370,399,340.68 6,395,327,932.32 50%
TOTAL CAPITAL EXPENDITURE 65,695,450,253.51 0.00 65,695,450,253.51 16,423,862,563.38 16,120,841,560.25 98% 16,423,862,563.38 8,981,078,038.58 55% 65,695,450,253.51 53,927,654,630.92 11,767,795,622.59 82%
BALANCE ( G – H ) 23,289,504,722.14 0.00 23,289,504,722.14 5,822,376,180.54 8,935,919,071.75 153% 5,822,376,180.54 -3,334,426,737.36 -57% (8,718,702,147.18) -9,142,488,097.53 32,431,992,819.67 105%

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