Transportation, power, works take the lion’s shares in 202 budget


  Giving highlights of the 2021 capital projects, Buhari said power would gulp N198bn, inclusive of N150bn  for the power sector recovery plan; works and housing, N404bn; transportation, N256bn; Defence, N121bn; Agriculture and Rural Development,  N110bn; and Water Resources , N153bn.  Others are  industry, trade and investment, N51bn; education, N127bn; Universal Basic Education Commission, N70bn; health,  N132bn; zonal intervention projects N100bn; and the Niger Delta Development Commission, N64bn. 

    He said the Ministry of Agriculture and Rural Development would facilitate the integrated development of its sector by promoting crops’ value chains; as well as providing rural roads, water and sanitation, veterinary and pest controls, grazing, food and strategic reserves, and access to inputs and extension services.  He also explained that the 157 per cent increase in the capital allocation to the health sector was to enhance the capacity to deliver healthcare services through the procurement of equipment, vaccines and other facilities. 

    Buhari also said the Ministry of Education’s capital allocation had been increased by 65 per cent to improve the children education, while funds had been provided for the provision of scholarships to Nigerian students at home and abroad

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