Nasarawa State 2018 Expenditure Estimate

Nasarawa State 2018 Expenditure Estimate

Recurrent Expenditure

A total of Forty-five Billion, One Hundred and Ninety Million, Nine Hundred and Forty-one Thousand, Two Hundred and Eighty-four Naira (N45,190,941,284) representing 36.79% of the budget is earmarked for Recurrent Expenditure.

Capital Expenditure

The sum of Seventy-one Billion, Six Million, and Two Thousand Naira (N71,006,002,000) representing 57.81% of the total budget is earmarked as Capital Expenditure for the year 2018.

Consolidated Revenue Fund Charges

Similarly, the sum of Six Billion, Six Hundred and Twenty-four Million Naira (N6,624,000,000) has been allocated to Consolidated Revenue Fund Charges for debt servicing, pension and gratuity. This represents 5.39% of the total budget.

2018 Total Budget Size

The Rt. Hon. Speaker, Honourable Members, I am delighted to lay before you a total budget size of One Hundred and Twenty-two Billion, Eight Hundred and Twenty Million, Nine Hundred and Forty-three Thousand, Two Hundred and Eighty-four Naira (N122,820,943,284) only for the 2018 fiscal year.

Sectoral Highlights

On the whole, the 2018 appropriation for the various sectors is as follows:

Administrative Sector

General Administration
Legislation – N19.75 billion

Pension & Gratuity – N2.80 billion

Information & Culture – N1.13 billion

Civil Service Matters – N0.728 billion

Sector Sub-Total – N24.41billion

Economic Sector

Agriculture – N2.39 billion
Finance & Investment – N10.03 billion
Works, Housing and Urban
Development – N37.30 billion

Water Resources & Rural
Development – N3.93 billion

Lands & Physical Planning – N7.90billion

Sector Sub Total – N53.65billion

Law & Justice Sector

Judicial Service Commission-N0.173billion
Ministry of Justice – N0.280billion
Courts of Justice – N2.57billion

Sector Sub Total – N3.02billion

Social Sector

Education – N24.23 billion
Health – N8.76 billion
Youth & Sports Development – N1.08billion
Women & Social Development – N0.235billion
Environment & Solid Minerals- N1.41billion

Sector Sub Total – N35.72billion

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