Nigeria budgets N104bn to maintain and purchase generators in 2022

Nigeria budgets N104bn to maintain and purchase generators in 2022

The Federal Government of Nigeria has set aside N104 billion to purchase generators, fuel them, and maintain them for its Ministries, Departments, and Agencies.

This is stated in the budget proposal for 2022, which the National Assembly has yet to approve. The Federal Ministry of Finance, Budget, and National Planning, led by Zainab Ahmed, set aside N82.03 billion for generators, accounting for 80% of the total budget and making it the ministry with the largest generator budget. When it comes to agencies, the Federal Inland Revenue Service has the greatest budget for generators, according to the budget.

The agency earmarked N250m for maintenance, N1bn for fuelling the generators and N550m for purchasing new ones, given a total of N1.8bn.

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.

↯↯↯Read More On The Topic On TDPel Media Below↯↯↯

»Share Your Opinion On TDPel Media«