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President Muhammadu Buhari on Tuesday presented 10.33 trillion naira ($33.8 billion) budget for 2020 to lawmakers in the National Assembly.
Upshot reports that the budget is the first spending plan of his second term after he was re-elected in February.
The breakdown below shows how the money has been allocated:
Works and Housing: N262 billion
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Power: N127 billion
Transportation: N123 billion
University Basic Education: 112 billion
Defence: N100 billion
Zonal Intervention Projects: N100 billion
Agriculture and Rural Devt: N83 billion
Water Resources: N82 billion
Niger Delta: 81bn Education: N48 billion.
As is customary, the budget must still be approved by parliament before being signed into law by Buhari — a process that can take months.
