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National Assembly increases Works budget from N657.3b to N1.03tn

Adamu Dangombe by Adamu Dangombe
January 17, 2024
in Business, News
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National Assembly increases Works budget from N657.3b to N1.03tn
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The National Assembly has raised budgetary allocation to the Ministry of Works from N657.3bn in the proposed budget to N1.03tn.

This represents N373bn or 56.7 per cent increase from the initial figure in the appropriation bill. It also represents a 65.4 per cent increase from the amount approved in the 2023 budget.

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A copy of the approved budget showed that the increase was due to raising of its capital budget from N617.9bn to N987.3bn.

An analysis of the document also showed that several capital projects were introduced in the approved budget.

The document revealed that:
N94.83bn was approved for the construction of Lafia road and the dualisation of 9th Mile (Enugu) Otukpo-Makurdi (Keffi Phase Ii) road project.

N15bn for the construction of Ota-Idiroko road section one to three, N4bn for construction of Iyin-Ilawe Ekiti road Section one to three.

N13.5bn for the rehabilitation of Enugu-Port Harcourt road Section two and four.

N22.750bn for the dualisation of the Benin-Ilesha road.

N10.1bn for the construction of Malando-Garin-Baka-Ngaski-Wara road in Kebbi State.

N11bn was approved for the construction of Koko-Besse-Zaria-Kala Kala road in Kebbi State.

The dualisation of Aba-Ikot Ekpene road is expected to gulp N3.75bn.

N1.21bn will be spent on the repair of the Iganmu bridge.

The rehabilitation of Enugu-Port Harcourt Dual Carriageway Section will get N2bn.

The dualisation and construction of Kano-Kwanar Dauja Hadejia road at the cost of N10.7bn.

N12.3bn for the reconstruction of Amasiri-Uburu-Mpu-Ishiagu road.

N5.1bn for the provision of culverts and drains at flood-prone areas in South-West.

The ministry also got approval of N3.35bn to purchase vehicles for consultants and security supervision.

Tags: from N657.3b to N1.03tnNational Assembly increases Works budget
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