he sent to them for approval.
supplementary and/or amendment budget.
the National Assembly on November 7, 2017.
representing an increment of N508 billion, seven months after they got the
@nassnigeria has made to the budget proposals I presented,” Buhari said.
budgets should be proposed by the Executive is that it is the Executive that
knows & defines its policies and projects. Unfortunately, that has not been
given much regard in what has been sent to me.”
cutting funding up to N347 billion for 4700 projects. He said the National
Assembly, instead, introduced a total of 6,403 projects amounting to N578
billion, some of which he said will be difficult to execute because they have
not been properly “conceptualized, designed and costed.”
Nigeria’s economy and may be difficult, if not impossible, to implement with
the reduced allocation.
funding are listed below:
infrastructure projects such as Counter-part funding for the Mambilla Power
Plant, Second Niger Bridge/ancillary roads, the East-West Road, Bonny-Bodo
Road, Lagos-Ibadan Expressway and Itakpe-Ajaokuta Rail Project were cut by an
aggregate of 11.5 billion Naira.
the FCT, Abuja especially major arterial roads and the mass transit rail
project, were cut by a total of 7.5 billion Naira.
Measures for the United Nations Building by the FCT, Abuja was cut by 3.9
billion Naira from 4 billion Naira to 100 million Naira; this will make it
impossible for the Federal Government of Nigeria to fulfil its commitment to
the United Nations on this project.
health sector such as the upgrade of some tertiary health institutions,
transport and storage of vaccines through the cold chain supply system,
provision of anti-retroviral drugs for persons on treatment, establishment of
chemotherapy centres and procurement of dialysis consumables were cut by an
aggregate amount of 7.45 billion Naira.
Schools across the country were cut by 3 billion Naira at a time when securing
our students against acts of terrorism ought to be a major concern of
Programme was cut by 8.7 billion Naira.
compensation-related issues, a total of 5 billion Naira was cut from the
provisions for Pension Redemption Fund and Public Service Wage Adjustment.
Economic Zones/Industrial Parks, which are key industrialization initiatives of
this Administration, were cut by a total of 14.5 billion Naira.
Enugu Airport was cut from 2 billion Naira to 500 million Naira which will
further delay the completion of this critical project.
a key strategic initiative of the Federal Government, was cut from 5 billion
Naira to 3.4 billion Naira.
the budget of the Federal Ministry of Power, Works and Housing. In doing so,
the National Assembly applied some of the additional funds expected from the
upward review of the oil price benchmark to the Ministry’s vote. Regrettably,
however, in order to make provision for some of the new roads, the amounts
allocated to some strategic major roads have been cut by the National Assembly.