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2018 Proposed Budget – Projects & Allocations
This analysis shows that approximately N744.48 billion or 42.9% of the N1.73 trillion capital line items under the direct supervision of ministries, departments and agencies (MDAs), will go into administrative items, which include the procurement of cars, retrofitting of government offices, training, consultancies, purchase of furniture and computers, and so on.
Given that the funds marked for capital expenditure will be largely borrowed (as highlighted in the proposed 2018 budget), it is disheartening to discover that most line items therein show a great disconnect from the developmental goals of the government, as stated in its Economic Recovery and Growth Plan (ERGP).
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