Works , Finance , Defence Ministries get lion shares as Senate releases sectoral details of N27.5trillion 2024 budget. The Ministries of Works , Finance , Defence and others , got lion shares of the N8.7trilliom capital component of the N27.5trillion 2024 budget as contained in sectoral allocation details released by the Senate Committee on Appropriation on Friday.
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In the proposed allocations , the Ministry of Works gets N521.3billion , followed by Federal Ministry of Finance with N519.9billion , while N308 2billion is earmarked for Ministry of Defence. Similarly , Federal Ministry of Health snd Social Welfare , gets N304.4billion while Ministry of Education , gets N265.4billion . Others are , Ministry of Power N264.2billion , Government owned Entetprises N820.9billion , TETFund N665billion , Housing and Urban Development N96.9billion , Water Resources N87.7billion and Police Atfairs N69billion .
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The National Assembly under statutory transfers , gets N198billion , Niger Delta Development Commission N324.8billion , Universal Basic Education N251.4billion., National Judicial Council N165billion , North East Development Commission N126billion and Basic Health Care Provision Fund N125.7billion . Under Capital Supplementation , Zonal Intervention otherwise called constituency projects for federal lawmakers , gets N100billion , Special Projects N108billion , Contingency ( capital) N200billion , Aid and Grants funded projects , N685.6billion , National Social Investment Programme Agency N100billion etc .
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