Nigeria’s federal government has voted the sum of N47.5 billion for promotion and salary arrears, breakdown of 2016 budget has revealed,
According to a summary of the 2016 budgetary allocations to MDAs released on Wednesday by the Budget Office of the Federation, the National Assembly had a cut in its 2016 allocation from N120 billion in 2015 to N115 billion in 2016.
Others that will draw from the N351,370,000,000 statutory transfer envelope of the 2016 budget are: National Judicial Council: N70,000,000,000; Niger Delta Development Commission, N41,050,000,000; Universal Basic Education N77,110,000,000; Public Complaints Commission, N2,000,000,000; Independent National Electoral Commission (INEC): N45,000,000,000 and National Human Rights Commission, N1,210,000,000.
The Presidency will spend N 39,124,978,811 for both capital and recurrent expenditures. The Office of the National Security Adviser (ONSA) is to spend N90,350,068,052 on capital and recurrent expenses.
An official of the Budget Office told The Nation that the office was waiting for the final 2016 Appropriation Bill to be passed and signed before making public the details of the budget.
Other items contained in the summary of the 2016 appropriation submitted to the National Assembly on Tuesday by President Muhammadu Buhari include: Federal Initiative for Northeast (Pilot Counterpart Funding Contribution): N12,000,000,000; payment of local contractors’ debts: N5,500,000,000; Galaxy Backbone: N3,000,000,000; refunds to states for federal roads projects: N5,005,000,000; financing of the implementation of the Nigeria’s nuclear power programme (The Seed Money): N2,000,000,000 and matching grant for the “Safe School Inititiative” programme: N1,600,000,000.
For Service Wide Vote usually domiciled in the Ministry of Finance until captured MDAs request for the release of the funds, training of budget/planning officers on GIFMIS Budget Preparation System (BPS) as well as monitoring and evaluation of all projects nationwide will draw N1,000,000,000 in 2016; Operation Lafiya Dole for combating Boko Haram has been allocated N10,000,000,000; IPPIS capturing: N5,000,000,000; special intervention (recurrent): N300,000,000,000.
Under the Presidential Amnesty Programme, N20,000,000,000 has been earmarked for 2016; Stipends and Allowances oF 30,000 Niger Delta ex-militants expected to take N7,875,000,000; operational cost: N1,834,149,261 and Presidential Amnesty Programme: reintegration of transformed ex-militants: N10,290,850,739.
The National Job Creation Scheme/Graduate Intership Scheme programme is estimated to cost N4,000,000,000; and Quick Wins – Completion of 2008 & 2009 projects: N527,259,306.
