BUDGETS: FG, 34 states to spend N10.67trn

Barring adjustments by the legislature and supplementary appropriations, Federal Government and 34 of the 36 states of the federation will spend at least N10.67 trillion this year, Vanguard checks have revealed.

 

In other words, they will be spending at least N889.231 billion a month or N29.235 billion a day.

 

The hefty sum is the summation of budget proposals of the two tiers of government for 2014.

 

Rivers State, Jigawa State and the Federal Capital Territory, FCT, Abuja, are yet to release their 2014 budget proposals.

 

The crisis in Rivers State House of Assembly may have taken its toll on the presentation of the state’s 2014 budget.

 

There are indications that the National Assembly may ask Governor Rotimi Amaechi to bring his budget proposal.

 

President Goodluck Jonathan is expected to present the FCT budget to the National Assembly

 

Of the N10.67 trillion proposals, only N4.48 trillion or 42.26 per cent is allocated to capital expenditure (infrastructure, amenities, among others), while N6.123 trillion or 57.74 per cent is to be spent on recurrent expenditure (salaries, emoluments of public servants and political office holders, running costs, among others).

 

In 2013, the federal and state governments spent N11.512 trillion.

 

States

2013 

2014 

capital  

Recurrent

Nbn

Nbn

Nbn

Nbn

Nbn

Abia 

137.8

149.6

87.5

62

Adamawa 

95

97.9

39.7

58.2

Anambra

110.96    

140.00    

100.29        

39.71

A/Ibom

599.180

469.374

308.870

165.504

Bauchi

137.3

133.70

68

65

Bayelsa 

304.05

299.2

136.7

162.5

Benue

130.992

105.1

41.6

63.4

Borno

184.3

178.5

121.784

56.717

C/River

151.37

176.311

123.418

52.893

Delta

472.00

391.51

231.72

159.78

Ebonyi

104.374

99.840

53.473

41.368

Edo

154.125

159.213

85.595

73.617

Ekiti

97.6

103.882

52.776

50.106

Enugu

84.773

93.287

53.944

39.343

Gombe

107.893

107.454

63.9

43.5

Imo

197.744

137.027

75.272

61.384

Jigawa

115.4

———

———

———

Kaduna

176.4

198.679

124.4

74.2

Kano

238.281

219.309

148.660

70.621

Katsina

114.584

113.603

80.573

32.422

Kebbi

119.9

131.7

100.1

31.6

Kogi

132.6

129.7

70.02

79.6

Kwara

124.498

124.526

58.70

48.543

Lagos

507.105

489.690

255.025

234.665

Nasarawa

110.2

114.5

54.9

59.6

Niger

83.7

98.852

51.562

47.290

Ogun 

211.78

210.29

117.51

92.70

Ondo

152.5

162

69.68

92.31

Osun

234.269

216.745

119.137

97.608

Oyo

152.12

188.9

92.795

96.041

Plateau

136.641

228.743

147.107

81.634

Rivers

490.32

———

———

———

Sokoto

115.84

125.87

72

52

Taraba

73.4

79.6

37.9

41.7

Yobe

86.7

102.899

67.43

35.46

Zamfara

111.9

114.8

67.7

47.1

FCT

235.2

———

———

———

FG

4.7 trn

4.6trn

1.1trn

3.5 trn

TOTAL

N11.535 trn

N10.602 trn

N4.480trn

N6.123 trn

[source]

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