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Difference Between Lagos State & Federal Govt. Budget Capital Expenditure. - Nairaland / General - Nairaland

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Difference Between Lagos State & Federal Govt. Budget Capital Expenditure. by OwoLee(m): 12:29pm On Dec 22, 2016
Lagos state.

N205.85 billion for General Public Services representing 25.32 percent of the budget,
N36.43 billion to Public Order and Safety, representing 4.48 percent,
N295.84billion to Economic affairs representing 36.39 percent.
In other sectors,
N56.31 billion for Environment, representing 6.93 percent,
N57.29 billion for health, representing 7.05 percent,
N92.4 billion for Education, representing 11.37 percent of the budget.

The Commissioner said the estimates will be funded from a total revenue of N642.849 billion while the balance of N170.150 billion will be funded through a N100 billion Bond Issuance program and a combination of internal and external loans.


FG.

Capital Expenditure: N2.24tn (30.7% of total budget)

These capital provisions are targeted at priority sectors and projects.

Key capital spending provisions in the Budget include the following:

- Power, Works and Housing: N529bn;
- Transportation: N262bn;
- Special Intervention Programmes:
- Defence: N140bn;
- Water Resources: N85bn;
- Industry, Trade and Investment: N81bn;
- Interior: N63bn;
- Education N50bn
- Universal Basic Education Commission: N92bn
- Health: N51bn
- Federal Capital Territory: N37bn;
- Niger Delta Ministry: N33bn; and
- Niger Delta Development Commission: N61bn;
Re: Difference Between Lagos State & Federal Govt. Budget Capital Expenditure. by pappy4real(m): 1:51pm On Dec 22, 2016
Hmm. Na wa o

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