2020 budget fg to get n1 2trn budget support from spv emefiele

It appears you're referring to a news article or a financial report. Here's a breakdown of the information:

2020 Budget: The 2020 budget of the Federal Government of Nigeria (FGN) refers to the annual budget plan for the year 2020, which outlines the government's revenue and expenditure plans.

N1.2 trillion budget support: This refers to a financial support package of N1.2 trillion (approximately $2.7 billion USD) that the Federal Government of Nigeria is expected to receive from the Subsidy Reinvestment and Empowerment Programme (SURE-P) and the Nigeria National Petroleum Corporation (NNPC) to support its 2020 budget.

SPV (Subsidy Reinvestment and Empowerment Programme): SURE-P is a government program established in 2012 to manage the savings from the removal of fuel subsidy and use the funds to support various social and economic development projects.

Emefiele (Godwin Emefiele): Godwin Emefiele is the Governor of the Central Bank of Nigeria (CBN). As the head of the CBN, he plays a crucial role in the country's monetary policy and financial management.

In summary, the article is reporting that the Federal Government of Nigeria is expected to receive a budget support of N1.2 trillion from the SURE-P and NNPC to support its 2020 budget, with the CBN Governor, Godwin Emefiele, playing a key role in the financial management of the country.