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2019 Budget : A Budget For Everyone - Politics - Nairaland

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2019 Budget : A Budget For Everyone by bappahman: 11:18am On Jan 06, 2019
2019 budget has something for everybody
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Power - N1.02 billion is set aside as fund for the Mambilla Hydro Power project; the sum of N400 million for completing the construction of 215MW LPFO/ gas power station in Kaduna, while the Kashimbilla transmission project would be completed with a provision of N388.5 million.
To further improve the sector, a large portion of the N408billion capital allocations for the Ministry of Power, Works and Housing in the 2019 budget proposals, is devoted to the power sector.
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Housing - N30.04 billion has been provided for the Federal Government’s national housing programme in 2019. This is necessary in the effort to increase the national housing stock and reduce accommodation problem for Nigerians.
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Transport - N80.22 billion has been set aside as counterpart funding for railway projects, which include the new Kano-Katsina-Jibiya-Maradi in Niger Republic and the completion of the Abuja-Itakpe and Aladja (Warri)-Warri port and refinery, including the Warri New Harbour and the new Bonny deep sea port, Port Harcourt line.
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Personnel : N2.29 trillion personnel costs include provision for a new minimum wage, settlement of pension arrears and outstanding salary increments and allowances for civil servants who were promoted to higher grade levels.
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Read more
https:///newspolitics

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