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How National Assembly budget rose from N2.2bn in 1999 to N344.9bn in 2024
Records from the Budget Office show that the budget of the Nigerian National Assembly rose from N2.2 billion at the advent of the contemporary democratic dispensation in 1999 to N 344.9 billion in 2024.
The outrageous increase in the budget size of the National Assembly in the past 25 years did not reflect increase in the number of the federal lawmakers.
The budget ‘jump’ is highlighted as follows:
NATIONAL ASSEMBLY BUDGET
1999: N2.2 billion
2000: N29.5 billion
2002: N28.2 billion
2003: N23.3 billion
2004: N34.7 billion
2005: N55.4 billion
2006: N45 billion
2007: N60 billion
2008: N73.7 billion
2009: N123 billion
2010: N154 billion
2011: N111 billion
2012: N150 billion
2013: N150 billion
2014: N150 billion
2015: N120 billion
2016: N115 billion
2017: N125 billion
2018: N139.5 billion
2019: N128 billion
2020: N128 billion
2021: N134 billion
2022: N139 billion
2023: N228.1 billion
2024: N344.9 billion