HomeNewsSalaries Allocated N298bn, Nothing For Capital — NASENI

Salaries Allocated N298bn, Nothing For Capital — NASENI

Published on


KEY POINTS


  • N14trn is the highest portion of the budget, going to defence sector.

In the 2025 fiscal year, the Federal Government has also allocated N298.4 billion to the National Science and Engineering Infrastructure (NASENI) exclusively for recurrent expenditure.

This allocation is contained in the N47.9 trillion ‘Budget of Restoration’ currently considered by the National Assembly.

However, despite giving NASENI a huge allocation, capital expenditure for critical infrastructure projects is not provided for. But they will use the funds for salaries, wages, and other personnel expenses.

Similarly, while the Nigerian Education Loan Fund (NELFUND) received an allocation of N175.1 million, the government allocated N124 million for personnel expenses, and set capital allocation to zero. N8.6 billion (of which N5.2 billion is for (recurring) expenditures) went to Defence Research and Development Bureau.

However, the defence sector got the largest chunk, voting up N14 trillion in the 2025 budget, more than any other sector and showing that the government’s biggest focus, as far as the budget was concerned, was national security.

The chronic problem of capital funding for key institutions such as NASENI and NELFUND raises questions about infrastructure development in all sectors of national importance.

The budget indicates that the government’s attempt to keep promises for what it considers national priorities is under great financial constraints.

Latest articles

London Court Clears Diezani Alison-Madueke of Bribery Charges

KEY POINTS A London jury acquitted former Petroleum Minister Diezani Alison-Madueke of all six...

Experts warn FG against costly foreign loans and VAT hike over IMF advice

Capital market operators and economists have urged the Federal Government to avoid expensive foreign loans and a VAT increase as it weighs the IMF's latest policy recommendations.

Court orders Virgin Atlantic to pay N13 million for missed flight

A Lagos Federal High Court has ordered Virgin Atlantic to pay Joy Ezetah $5,906.50 in damages, plus costs, after it denied her boarding on a Lagos-London flight.

FG moves to end open grazing, identifies 470 gazetted reserves

The Federal Government has identified 470 gazetted grazing reserves to resettle pastoralists and end open grazing and the roaming of cattle across Nigeria's cities.

More like this

London Court Clears Diezani Alison-Madueke of Bribery Charges

KEY POINTS A London jury acquitted former Petroleum Minister Diezani Alison-Madueke of all six...

Experts warn FG against costly foreign loans and VAT hike over IMF advice

Capital market operators and economists have urged the Federal Government to avoid expensive foreign loans and a VAT increase as it weighs the IMF's latest policy recommendations.

Court orders Virgin Atlantic to pay N13 million for missed flight

A Lagos Federal High Court has ordered Virgin Atlantic to pay Joy Ezetah $5,906.50 in damages, plus costs, after it denied her boarding on a Lagos-London flight.