2018 Budget!! Fashola’s Ministry Gets Highest Allocation (Details)

2018 Budget!! Fashola’s Ministry Gets Highest Allocation (Details)

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The Federal Government of Nigeria has proposed a budget of N555.88 billion for the minister of Power, Works and Housing in the 2018 budget.

The ministry is headed by Babatunde Raji Fashola.

Buhari made this disclosure while presenting the 2018 budget at the National Assembly on Tuesday.

Buhari said, “To consolidate on the momentum of the 2017 Budget’s implementation, many ongoing capital projects have been provided for in the 2018 Budget. This is in line with our commitment to appropriately fund ongoing capital projects to completion.

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“By allocating 30.8 percent of the 2018 Budget to capital expenditure, the Federal Government is also demonstrating its strong commitment to investing in critical infrastructure capable of spurring growth and creating jobs in the Nigerian economy.

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“As I had previously indicated, we aim to consolidate on our achievements in 2017.

“We shall meet our counterpart funding obligations. We shall complete all ongoing projects. And we shall carry forward all strategic projects that were budgeted for but which we were unable to kick start due to liquidity challenges, late passage of the budget, prolonged contractual negotiations, and other matters.”

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DAILY POST quick look at the budget showed that the ministry of

Interior will get N510.87bn, while education will get N435.01bn

Others include, N422.43 billion for Defence; N269.34 billion for Health, Transportation: N263.10 billion; Agriculture and Rural Development N118.98 billion; Water Resources: N95.11 billion; Industry, Trade and Investment: N82.92 billion

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