2024 Budget Highlights. The government projects ₦34.82 trillion in revenue and ₦47.90 trillion in expenditures, resulting in a budget deficit of ₦13.08 trillion. The key highlights of the budget are as follows:

Inflation is low and stable, moving towards the. Inflation is forecast by the office for budget responsibility (obr) to average 2.5% in 2024, peaking at 2.6% in 2025 before gradually declining to 2% by 2029.