HomeNEWSFG Budgets N104bn To Maintain, Purchase Generators In 2022

FG Budgets N104bn To Maintain, Purchase Generators In 2022

The Federal Government of Nigeria has allocated N104 billion for the purchase, fueling, and maintenance of generators for the FG’s Ministries, Departments, and Agencies.

This is included in the budget plan for 2022, which has yet to be approved by the National Assembly.

The Federal Ministry of Finance, Budget, and National Planning, led by Zainab Ahmed, allocated N82.03 billion for generators, accounting for 80% of the total 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.

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.




Please enter your comment!
Please enter your name here

- Advertisment -
Google search engine

Most Popular

Recent Comments

%d bloggers like this: