FG budgets N104bn to maintain and purchase generators in 2022

The Federal Government of Nigeria has budgeted an estimated N104bn on purchasing generators, fuelling and servicing them for Ministries, Departments and Agencies of the FG.

This is contained in the 2022 budget proposal which has yet to be approved by the National Assembly.

The Federal Ministry of Finance, Budget and National Planning, headed by Zainab Ahmed, set aside N82.03bn for generators, that is 80 per cent of the entire budget, making it the ministry with the lion’s share of the generator budget.

When it comes to agencies, the budget also shows that the Federal Inland Revenue Service is the agency with the highest budget for generators. The agency earmarked N250m for maintenance, N1bn for fuelling the generators and N550m for purchasing new ones, given a total of N1.8bn.

READ ALSO The clock of your ultimate destruction is ticking – Buhari tells bandits after 43 people were killed in Sokoto

The Nigerian Army has the second highest budget for generators having earmarked N971.7m for generator fuel alone.

The Nigerian Maritime Administration and Safety Agency has the third highest budget for generators at N946m.

The Department of Petroleum Resources set aside N118.7m for maintenance, N666.8m for generator fuel and N120m for the purchase of generators in its offices in Sokoto, Kano, Makurdi, Yenagoa, Ilorin and Umuahia, bringing it to a total of N905.5m.

The agency with the 5th largest generator budget is the Nigerian Ports Authority which set aside N798.2m for the maintenance and purchase of generators.

Related Posts

US Sanctions Three Nigerian Bureaux de Change, Financier Over Alleged ISWAP Terror Funding

The United States has imposed terrorism-related sanctions on three Nigerian bureaux de change and their alleged owner, Mukhtar Adamu Muhammad, over accusations of financing the Islamic State West Africa Province…

NDLEA Begins Trial of Billionaire Businessman Ukatu, Two Others Over Alleged 322kg Tramadol Trafficking

The National Drug Law Enforcement Agency (NDLEA) has commenced the trial of billionaire businessman, Chief Ukatu Afamefuna Mallinson, alongside two associates, Pius Enidom and Sunday Ifeanyi Ibekwute, before the Federal…

Leave a Reply

Your email address will not be published. Required fields are marked *

You Missed

US Sanctions Three Nigerian Bureaux de Change, Financier Over Alleged ISWAP Terror Funding

US Sanctions Three Nigerian Bureaux de Change, Financier Over Alleged ISWAP Terror Funding

NDLEA Begins Trial of Billionaire Businessman Ukatu, Two Others Over Alleged 322kg Tramadol Trafficking

NDLEA Begins Trial of Billionaire Businessman Ukatu, Two Others Over Alleged 322kg Tramadol Trafficking

PRP Denies Reports of Selling Nomination Forms to Kwankwaso

PRP Denies Reports of Selling Nomination Forms to Kwankwaso

‘Peter Obi Needs Schooling on Democracy, Constitution’ — Presidency Condemns Resignation Call

‘Peter Obi Needs Schooling on Democracy, Constitution’ — Presidency Condemns Resignation Call

Governors Push for Greater Authority Over Security Operations

Governors Push for Greater Authority Over Security Operations

Crisis Rocks ADC in Ogun State as Members File Petition Against Chairman

Crisis Rocks ADC in Ogun State as Members File Petition Against Chairman