News

Tax payers’ money: FG budgets N104bn for generators in 2022

Tax payers’ money: FG budgets N104bn for generators in 2022

 

As Nigerians continue to drown in the darkness cause by epileptic power supply, Nigeria’sFederal Government has budgeted N104bn for purchase of generators, fuel and servicing for Ministries, Departments and Agencies of the FG.

The 2022 budget contains the proposal which is yet to get the nod of the National Assembly.

According to the proposed budget, the Federal Ministry of Finance, Budget and National Planning set             aside N82.03 billion for generators, which is 80 per cent of the entire budget, making it the ministry with the lion’s share of the generator budget.

For the agencies, the budget also reveals that the Federal Inland Revenue Service (FIRS) 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, amounting to a total of N1.8 billion.

The second highest budget for generators is the Nigerian Army having earmarked N971.7m for generator fuel alone.

The Nigerian Maritime Administration and Safety Agency has the third highest budget for generators at N946 million.

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 Nigerian Ports Authority (NPA) is the agency with the 5th largest generator budget of N798.2 million for the maintenance and purchase of generators.

Comment With Facebook

Comment here

This site uses Akismet to reduce spam. Learn how your comment data is processed.