Chart of the Day

#ChartOfTheDay: Capital and Recurrent Expenditures in the Education Sector

By Dennis Amata

October 28, 2021

Dataphyte noted that the sum of N4.08 trillion has been allocated to the education sector between 2015-2021. If approved, the 2022 proposed budget would take total allocation to the sector over 8 years to N4.95 trillion.

The 2022 budget has the highest capital allocation over the 8 year period being considered. It meets the 20% Education for all Fast Track Initiative benchmark of allocating at least 20% of the sector’s budget to capital projects. 

Typically, budgetary allocations to the sector showed that it’s budget has been heavily recurrent.

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