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Finance Ministry Budgets N130.5bn For 'Special' Interventions In 2022

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In a very curious manner, the Federal Ministry of Finance, Budget and National Planning is planning to spend a whopping N130.458 billion on vague

Meanwhile, the Federal Ministry of Works and Housing has said it will spend N2.27 billion on construction of an unspecified number of classrooms in undisclosed environment.

Whereas the federal government already made specific provisions for named roads and erosion control in zones of the country, the ministry is seeking to spend another N1.57 billion on construction of road and erosion control in North Central, North East and North West. Reviewing the 2022 federal appropriation bill parameters and key issues yesterday, lead director of the Centre for Social Justice, Eze Onyekpere, said most of the budgetary proposals appear like slush funds for unknown purposes.

An NGO, Citizens Wealth Platform , said the government’s expected revenue of N2.915 billion from minerals and mining is grossly underestimated.

 

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