Research and Analytics
Research and Analytics
Let us take a closer look at the financial summary of Bayo, a single tech professional living alone. Based on the information available, we can help him plan his finances effectively. Kindly note, the methodology used in this case study is not following an accounting standard, nor would I call it proper accounting even though we are following some principles. Some rules have been modified to fit our objectives.
High public debt levels and the uncertain outlook for international aid limit the scope for growth through large public investment programs. The private sector will have to play more of a role in economic development if countries are to enjoy a strong recovery and avoid economic stagnation. Heads of state from Africa made this one of their resounding messages during the recent summit on “Financing African Economies” held in Paris in May.
Download the revised Finance Act of 2020 .
Total revenue as at October 2019 was N85.12 billion which shows that revenue underperformed by 34.69% when compared with N130.38 billion projected revenue for 2019. Total expenditure as at October 2019 on the other hand, was N77.37 billion which also underperformed by 40.66% when compared with the projected expenditure of N130.38 billion for 2019.
![Finance Act, 2020 [PDF]](https://giftedanalysts.com/wp-content/uploads/2020/01/Finance-Act.png)
