Nigeria Government Revenue and Expenditure: Central Bank of Nigeria
Federal Govt Balance
Federal Govt Balance data was reported at -3,084.970 NGN bn in Dec 2024. This records an increase from the previous number of -3,200.400 NGN bn for Sep 2024. Federal Govt Balance data is updated quarterly, averaging -324.210 NGN bn from Mar 2005 (Median) to Dec 2024, with 80 observations. The data reached an all-time high of 153.470 NGN bn in Sep 2007 and a record low of -4,260.510 NGN bn in Jun 2024. Federal Govt Balance data remains active status in CEIC and is reported by Central Bank of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.F: Government Revenue and Expenditure: Central Bank of Nigeria.
| Last | Frequency | Range |
|---|---|---|
| -3,084.970 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
View Nigeria's Federal Govt Balance from Mar 2005 to Dec 2024 in the chart:
Federal Govt Expenditure
Federal Govt Expenditure data was reported at 5,604.790 NGN bn in Dec 2024. This records an increase from the previous number of 5,482.940 NGN bn for Sep 2024. Federal Govt Expenditure data is updated quarterly, averaging 1,163.980 NGN bn from Mar 2005 (Median) to Dec 2024, with 80 observations. The data reached an all-time high of 6,668.830 NGN bn in Jun 2024 and a record low of 223.200 NGN bn in Mar 2005. Federal Govt Expenditure data remains active status in CEIC and is reported by Central Bank of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.F: Government Revenue and Expenditure: Central Bank of Nigeria.
| Last | Frequency | Range |
|---|---|---|
| 5,604.790 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
View Nigeria's Federal Govt Expenditure from Mar 2005 to Dec 2024 in the chart:
Federal Govt Expenditure: Capital
Federal Govt Expenditure: Capital data was reported at 958.160 NGN bn in Dec 2024. This records a decrease from the previous number of 1,257.200 NGN bn for Sep 2024. Federal Govt Expenditure: Capital data is updated quarterly, averaging 193.150 NGN bn from Mar 2005 (Median) to Dec 2024, with 80 observations. The data reached an all-time high of 1,873.050 NGN bn in Mar 2022 and a record low of 0.000 NGN bn in Mar 2008. Federal Govt Expenditure: Capital data remains active status in CEIC and is reported by Central Bank of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.F: Government Revenue and Expenditure: Central Bank of Nigeria.
| Last | Frequency | Range |
|---|---|---|
| 958.160 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
View Nigeria's Federal Govt Expenditure: Capital from Mar 2005 to Dec 2024 in the chart:
Federal Govt Expenditure: Recurrent
Federal Govt Expenditure: Recurrent data was reported at 4,210.940 NGN bn in Dec 2024. This records an increase from the previous number of 3,790.050 NGN bn for Sep 2024. Federal Govt Expenditure: Recurrent data is updated quarterly, averaging 869.650 NGN bn from Mar 2005 (Median) to Dec 2024, with 80 observations. The data reached an all-time high of 5,386.630 NGN bn in Jun 2024 and a record low of 211.100 NGN bn in Mar 2005. Federal Govt Expenditure: Recurrent data remains active status in CEIC and is reported by Central Bank of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.F: Government Revenue and Expenditure: Central Bank of Nigeria.
| Last | Frequency | Range |
|---|---|---|
| 4,210.940 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
View Nigeria's Federal Govt Expenditure: Recurrent from Mar 2005 to Dec 2024 in the chart:
Federal Govt Revenue
Federal Govt Revenue data was reported at 2,519.820 NGN bn in Dec 2024. This records an increase from the previous number of 2,282.540 NGN bn for Sep 2024. Federal Govt Revenue data is updated quarterly, averaging 839.770 NGN bn from Mar 2005 (Median) to Dec 2024, with 80 observations. The data reached an all-time high of 2,519.820 NGN bn in Dec 2024 and a record low of 339.100 NGN bn in Mar 2005. Federal Govt Revenue data remains active status in CEIC and is reported by Central Bank of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.F: Government Revenue and Expenditure: Central Bank of Nigeria.
| Last | Frequency | Range |
|---|---|---|
| 2,519.820 Dec 2024 | quarterly | Mar 2005 - Dec 2024 |
View Nigeria's Federal Govt Revenue from Mar 2005 to Dec 2024 in the chart:
Gross Federation Account Revenue
Gross Federation Account Revenue data was reported at 11,925.570 NGN bn in Sep 2025. This records an increase from the previous number of 8,307.040 NGN bn for Jun 2025. Gross Federation Account Revenue data is updated quarterly, averaging 1,397.200 NGN bn from Mar 2005 (Median) to Sep 2025, with 83 observations. The data reached an all-time high of 11,925.570 NGN bn in Sep 2025 and a record low of 1,044.890 NGN bn in Jun 2009. Gross Federation Account Revenue data remains active status in CEIC and is reported by Central Bank of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.F: Government Revenue and Expenditure: Central Bank of Nigeria. All federally-collected revenue is deposited into Federation Account, except that classified as Federal Government independent revenue. The Federation Account funds are transferred to the Federal Government, State Governments and Local Governments.
| Last | Frequency | Range |
|---|---|---|
| 11,925.570 Sep 2025 | quarterly | Mar 2005 - Sep 2025 |
View Nigeria's Gross Federation Account Revenue from Mar 2005 to Sep 2025 in the chart:
Gross Federation Account Revenue: Oil
Gross Federation Account Revenue: Oil data was reported at 3,518.110 NGN bn in Sep 2025. This records an increase from the previous number of 3,237.390 NGN bn for Jun 2025. Gross Federation Account Revenue: Oil data is updated quarterly, averaging 839.020 NGN bn from Mar 2005 (Median) to Sep 2025, with 83 observations. The data reached an all-time high of 3,518.110 NGN bn in Sep 2025 and a record low of 537.190 NGN bn in Jun 2016. Gross Federation Account Revenue: Oil data remains active status in CEIC and is reported by Central Bank of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.F: Government Revenue and Expenditure: Central Bank of Nigeria. All federally-collected revenue is deposited into Federation Account, except that classified as Federal Government independent revenue. The Federation Account funds are transferred to the Federal Government, State Governments and Local Governments.
| Last | Frequency | Range |
|---|---|---|
| 3,518.110 Sep 2025 | quarterly | Mar 2005 - Sep 2025 |