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Wednesday, November
08, 2017 3:55PM / Arthur Steven Asset Management Research
Key capital
spending allocations in the 2018 Budget include:
a. Power,
Works and Housing: N555.88 billion;
b. Transportation: N263.10
billion;
c. Special
Intervention Programmes: N150.00 billion;
d. Defence: N145.00
billion;
e. Agriculture
and Rural Development N118.98 billion;
f. Water
Resources: N95.11 billion;
g. Industry,
Trade and Investment: N82.92 billion;
h. Interior: N63.26
billion;
i. Education N61.73
billion;
j. Universal
Basic Education Commission: N109.06 billion;
k. Health: N71.11
billion;
l. Federal
Capital Territory: N40.30 billion;
m. Zonal
Intervention Projects N100.00 billion;
n. North
East Intervention Fund N45.00 billion;
o. Niger
Delta Ministry: N53.89 billion; and
p. Niger
Delta Development Commission: N71.20 billion.
Recurrent Expenditure
Key figures
earmarked under this item include :
a. N510.87
billion for Interior;
b. N435.01
billion for Education;
c. N422.43
billion for Defence; and
d. N269.34
billion for Health.
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