Business Nigeria: Breakdown of Amount Released for Capital Projects to Ministries in 2016

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LequteMan

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Nigeria's federal Ministry of finance has released a breakdown of the amount it released for capital projects for Ministries, Departments and Agencies (MDAs).

N753,633,667,464 has been released from the 2016 budget allocation. Here's the breakdown:

Ministry of Power: N209,246,760,165,
Defence: N69,512,363,730,
Transport N30,540,042,428;
Agriculture: N29,578,929,050;
Water Resources: N25,201,857,951;
Interior: N21,210,059,596;
Health: N18,472,539,524;
Education: N16,743,672,981;
Niger Delta: N8,161,196,486;
Science and Technology: N6,681,349,721;
Mines & Steel: N3,360,000,000;
Petroleum: N2,413,847,044
Others N312,511,048,789.

FG aims to spend 1.8 trillion Naira or 30% of N6.06 trillion 2016 budget on Capital Expenditure.
 

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