The Nigerian Budget: 9billion Naira set Aside for Generators

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According to the 2020 budget proposal submitted to the National Assembly by President Muhammadu Buhari on the 8th of October which totals about 10.33 trillion naira, the Federal Government plans to spend 9.05billion naira on the purchase and maintenance of generators. This cuts across all Ministries, Departments and Agencies nationwide.
The Ministry with the highest budget for generators is the Federal Ministry of Health along with its agencies which consist of 88 federal teaching hospitals, agencies and medical centers. The Ministry has a budget of 1.5billion naira for generators, with 173.7million naira for maintenance, 1.1billion naira for fueling and 220.8 million naira for the purchase of new generators. The Ministry of Education comes second with a budget of 1.27billion naira with 366million naira for maintenance, 806million naira for fuelling and 104million naira for the purchase of new generators.
The top five agencies with respect to the ’generator budget’ include, the Nigerian Army (N518.3m), the Economic and Financial Crimes Commission (N313.4m), Office of the Head of Civil Service of the Federation (N283.7m), the Nigeria Defence Academy (N273.7m) and the Nigerian Police Force (N222.9m).

Source: nigerianamericanchamber.com

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