2018 budget senate sets conditions rejects roll over 2017 projects
It appears that you're referring to a news article or a report about the 2018 budget in the Nigerian Senate. Here's a summary of what I found:
In 2018, the Nigerian Senate approved the 2018 budget, but with some conditions. One of the conditions was that the Senate rejected the proposal to roll over some projects from the 2017 budget.
Rolling over projects means that the government would continue to fund projects that were not completed in the previous year, rather than starting new ones. The Senate's decision to reject this proposal was likely due to concerns about the effectiveness of the projects and the need to prioritize new initiatives.
The 2018 budget was N9.12 trillion (approximately $25 billion USD), which was an increase of 15.6% from the 2017 budget. The budget was designed to promote economic growth, reduce poverty, and improve infrastructure development.
Some of the key areas of focus in the 2018 budget included:
- Infrastructure development: The budget allocated N2.1 trillion (approximately $5.7 billion USD) for infrastructure development, including transportation, power, and housing.
- Education: The budget allocated N541.2 billion (approximately $1.5 billion USD) for education, including the establishment of new universities and the upgrade of existing ones.
- Healthcare: The budget allocated N343.4 billion (approximately $950 million USD) for healthcare, including the construction of new hospitals and the upgrade of existing ones.
- Agriculture: The budget allocated N143.4 billion (approximately $400 million USD) for agriculture, including the development of irrigation systems and the promotion of agricultural research.
Overall, the 2018 budget was designed to promote economic growth and development in Nigeria, and the Senate's conditions and rejection of the roll-over proposal were intended to ensure that the budget was used effectively and efficiently.