The implementation of these reforms is expected to boost Nigeria's tax-to-GDP ratio from the current 10.86% towards the African average of 15.6% within three years. This increase in revenue is anticipated to fund critical infrastructure, healthcare, and education projects, thereby fostering economic growth and reducing poverty.

Driving Overarching Priorities of Mr. President. A budget is basically an estimate of revenues and expenditures during a fiscal period, usually one year and in the case of Nigeria running from January to December.