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Home ยป 2024 budget: List of ministries with highest allocations
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2024 budget: List of ministries with highest allocations

OsunDailyBy OsunDailyDecember 31, 2023No Comments1 Min Read
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The Ministry of Defence got the highest allocation โ€“ N1.3tn in the approved 2024 budget.

DAILY POST reported on Saturday that an increased appropriation Bill was passed by both chambers of the National Assembly.

The parliament increased the budget submitted by President Bola Tinubu by the sum of N1.2 trillion.

The Chairman, House Committee on Appropriation, Abubakar Bichi, told reporters at the end of the special session on Saturday that the N1.2 trillion increase was because of inflation, as well as the promise by Government Owned Enterprises, GOEs, to increase their revenue.

In the approved budget, DAILY POST reports that the Ministry of Defence got the highest allocation of N1.3tn.

This is followed by the Ministry of Police Affairs with N869.121bn.

The Ministry of Education got N857.134bn.

The Ministry of Health and Social Welfare โ€“ N667.577bn.

The Ministry of Interior โ€“ N362.552bn.

The Ministry of Youths โ€“ N201.467bn.

The Office of the National Security Adviser โ€“ N199.763bn.

The Ministry of Foreign Affairs โ€“ N140.456bn.

The Ministry of Agriculture and Food Security โ€“ N110.248bn.

The Office of the Secretary to the Government of the Federation โ€“ N100.248bn.

The Presidency โ€“ N97.913bn.


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