General News
Budget Breakdown: 25 Government Agencies and Ministries Allocate N85 Billion for Vehicles
A total of 25 federal government agencies and ministries are set to collectively spend N85 billion on vehicle procurement in 2024. This staggering amount surpasses the combined budgets of renowned institutions such as Nnamdi Azikwe University Teaching Hospital (NAUTH), Nnewi (N37.6 billion), University College Hospital, Ibadan (N27.2 billion), and Obafemi Awolowo University Teaching Hospital (OAUTH), Ife (N19.9 billion).
According to a report by Daily Trust, the breakdown reveals substantial allocations, with the Ministry of Education leading the pack with N17.7 billion earmarked for vehicles. Following closely are the Ministry of Defence with N9.04 billion, the Presidency with N8.04 billion, the Ministry of Health with N7.4 billion, the Ministry of Police Affairs with N4.95 billion, and the Ministry of Interior with N4.50 billion.
Additional allocations include the Ministry of Justice (N4.43 billion), Ministry of Works (N3.71 billion), National Security Adviser (N2.56 billion), and the Secretary to the Government of the Federation (N1.94 billion).
Noteworthy among the recipients are the Ministry of Education headquarters (N6.92 billion), State House HQ (N6.35 billion), Police Formations & Commands (N4.11 billion), the National Drug Law Enforcement Agency (NDLEA) (N3.63 billion), Ministry of Works headquarters (N3.62 billion), Nigerian Army (N3.18 billion), Nigerian Immigration (N2.23 billion), Directorate of State Security (N1.94 billion), and Nigerian Railway Corporation (N1.78 billion).
The remaining allocations encompass the Ministry of Health HQ (N1.74 billion), Ministry of Housing HQ (N1.66 billion), Nigerian Airforce (N1.50 billion), National Rural Electrification Agency (N1.50 billion), Ministry of Solid Minerals (N1.41 billion), and Nigerian Navy (N1.35 billion).
This substantial investment in vehicles by various government entities raises questions about the priorities and fiscal management of public resources, sparking discussions on the necessity and justification for such extensive allocations in the coming year.
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