It has been revealed that the Federal Government has budgeted a whopping N8.4 billion on generators in 2017.
President Muhammadu Buhari
The Federal Government, its agencies, ministries and institutions
will spend N8.4billion on generators in 2017. The money will be spent on
maintenance, fuelling and purchase of new generators in the 2017 fiscal
year.
The budgetted sum shows that maintenance of generators will gulp
N1.8bn; fuelling, N4.1bn; while the purchase of new generators will cost
N2.5bn.
These figures are contained in the 2017 budget, which was submitted
to a joint session of the National Assembly by President Muhammadu
Buhari on December 14, 2016.
Analysis by Punch shows that the N7.3tn budget has a total capital
vote of N2.24tn, representing 30.7 per cent, while the recurrent
component stood at N2.98tn with the rest allocated for debt servicing.
Among the big spenders on generators is the headquarters of the
Ministry of Power, Works and Housing, which plans to spend N19.6m on
maintenance, N16.3m on fuelling and N181.2m on the purchase of new
generators.
Under the ministry, the Nigerian Electricity Regulatory Commission plans to purchase new generators at the cost of N50m.
Also among the big spenders, the headquarters of the Ministry of
Finance proposes to spend N72m and N80m on the maintenance and fuelling
of generators respectively.
The Ministry of Industry, Trade and Investment’s headquarters is to spend N9.4m on maintenance and N59.4m on fuelling.
The Nigerian Export Processing Zones Authority plans to spend N59.7m on the purchase of generators.
The budget also captured N10m as proposal on the maintenance of
generators at the headquarters of the Ministry of Petroleum Resources,
while the Department of Petroleum Resources will also spend N50m to
maintain generators.
The headquarters of the Ministry of Mines and Steel Development
proposes N7m and N26m on the maintenance and fuelling of generators
respectively.
The Ministry of Budget and National Planning’s headquarters’ budget
for the maintenance of generators is N38m. Purchase of new generators
will gulp N25m.
The National Identity Management Commission is expected to spend
N1.5m on maintenance, N12m on fuelling and N214.5m on the purchase of
generators.
In the meantime, the headquarters of the Ministry of Defence requires N7.4m to maintain their generators and N12m to fuel them.
Under the ministry, the Nigerian Navy is expected to spend N24m on maintenance and N63.8m on fuelling.
The Nigerian Army will spend N18.4m on fuelling.
The amount for maintenance of generators by the Nigerian Army was not included in the budget.
The Nigeria Airforce plans to spend N38m and N20m on maintenance and fuelling respectively.
The Police Formations and Command proposes to spend N52m on
maintenance, N153.3m on fuelling and N113m on purchase of new
generators.
As for the Presidential Air Fleet in the State House, maintenance
of generator will cost N6.3m while fuelling will gulp N30m in the 2017
fiscal year.
The National Youth Service Corps plans to spend N9m on generator maintenance, N28m on fuelling and N153m to buy new generators.
At the headquarters of the Ministry of Justice, generator maintenance is to cost N7m while N20m has been budgeted for fuelling.
Under the ministry, the Independent Corrupt Practices and Other
Related Offences Commission will spend N18m on maintenance of
generators, N40m on fuelling and N45m on purchase of new ones.
Meanwhile, the Ministry of Niger Delta said it would spend N2.5m on
generator maintenance and N10m on fuelling in the 2017 fiscal year.
Many Nigerians have lamented and cursed the failure of the
Buhari-led government in fixing the power sector which would have
ensured that funds such as this would have been used for projects that
will benefit the people.
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