The 2018 Appropriation Bill
The 2018 budget proposed to the National Assembly has a total expenditure of N8.6 trillion. The expenditure comprises of recurrent costs of N3.494 trillion, debt service of N2.014 trillion, Statutory transfers of N456 billion, sinking fund of N220 billion and capital expenditure of N2.428 trillion. Highlights of the capital expenditure in the 2018 budget include:
Power, Works and Housing: N555.88 billion
Transportation: N263.10 billion
Special Intervention Programmes: N150 billion
Defence: N145 billion
Agriculture and Rural Development: N118.98 billion
Water Resources: N95.11 billion
Industry, Trade and Investment: N82.92 billion
Interior: N63.26 billion
Education: N61.73 billion
Universal Basic Education Commission: N109.06 billion
Heath: N71.11 billion
Federal Capital Territory: N40.30 billion
Zonal Intervention Projects: N100 billion
North East Intervention Fund: N45 billion
Niger Delta Ministry: N53.89 billion
Niger Delta Development Commission: N71.20 billion
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