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FG Budgets N104bn To Maintain And Purchase Generators In 2022

Federal Government of Nigeria


FG Budgets N104bn To Maintain And Purchase Generators In 2022

FG budget For Generators

The Federal Government of Nigeria has budgeted an estimated 104 billion naira for the purchase of generators, their power supply, and maintenance for the ministries, departments, and agencies of the FG.

This is stated in the 2022 budget proposal which has not yet been approved by the National Assembly.

The Federal Ministry of Finance, Budget, and National Planning, headed by Zainab Ahmed, has earmarked 82.03 billion naira for generators, or 80% of the total budget, making it the ministry that cuts the bulk of the generator budget.

As for the agencies, the budget also shows that the Federal Inland Revenue Service is the agency with the highest budget for generators. The agency set aside N250 million for maintenance, N1 billion for power generators, and N550 million for the purchase of new ones, for a total of N1.8 billion.

The Nigerian Army has the second-highest budget for generators, with 971.7 million Naira for generator fuel alone.

The Nigerian Maritime Administration and Safety Agency have the third-highest budget for generators at N946m.

The Petroleum Resources division has reserved N 118.7 million for maintenance, N 666.8 million for generator fuel, and N 120 million for the purchase of generators in its offices in Sokoto, Kano, Makurdi, Yenagoa, Ilorin, and Umuahia. from 905 N. 5m.

The agency with the 5th largest generator budget is the Nigerian Ports Authority, which has set aside 798.2 million naira for the maintenance and purchase of generators.

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