2024 Budget: FG earmarks N85bn for cehicle purchases across 25 agencies and ministeries

Nigerian Government proposes N85 billion for Vehicle in 2024 budget

In the proposed budget for the fiscal year 2024, a substantial sum of approximately N85 billion has been allocated for vehicle acquisitions across 25 federal government agencies and ministries.

This staggering figure surpasses the combined budgets of key healthcare institutions in Nigeria, such as Nnamdi Azikiwe University Teaching Hospital (NAUTH) with N37.6 billion, University College Hospital, Ibadan with N27.2 billion, and Obafemi Awolowo University Teaching Hospital (OAUTH), Ife with N19.9 billion.

As reported by PulseNets, a detailed breakdown of the proposed allocations underscores significant financial commitments toward vehicle procurement by various ministries.

The Ministry of Education takes the lead with an allocation of N17.7 billion, followed by the Ministry of Defence with N9.04 billion, the Presidency with N8.04 billion, the Ministry of Health with N7.4 billion, and the Ministry of Police Affairs with N4.95 billion.

Other substantial allocations include the Ministry of Interior with N4.50 billion, the Ministry of Justice with N4.43 billion, the Ministry of Works with N3.71 billion, and the National Security Adviser with N2.56 billion.

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Noteworthy allocations are also directed towards specific government bodies, including 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), Nigerian Railway Corporation (N1.78 billion), 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 the Nigerian Navy (N1.35 billion).”