Amount of nigera new budget

I understand you're asking about the budget of Nigeria. As of 2022, the Nigerian government has presented a budget of ₦17.12 trillion (approximately $43.8 billion USD) for the 2022 fiscal year. This budget is focused on promoting economic growth, improving infrastructure, and addressing social challenges.

Here's a breakdown of the budget:

  1. Recurrent Expenditure: ₦8.44 trillion (approximately $21.1 billion USD)
    • This includes salaries, pensions, and other operational costs for government agencies and institutions.
  2. Capital Expenditure: ₦4.48 trillion (approximately $11.2 billion USD)
    • This includes investments in infrastructure, such as roads, bridges, and public buildings, as well as investments in human capital development, such as education and healthcare.
  3. Debt Service: ₦3.93 trillion (approximately $9.8 billion USD)
    • This includes payments on Nigeria's domestic and foreign debt obligations.
  4. Statutory Transfers: ₦2.45 trillion (approximately $6.1 billion USD)
    • This includes transfers to states, local governments, and other government agencies.

The budget also includes allocations for key sectors, such as:

  1. Agriculture: ₦143.2 billion (approximately $357 million USD)
  2. Education: ₦1.45 trillion (approximately $3.6 billion USD)
  3. Health: ₦123.2 billion (approximately $306 million USD)
  4. Infrastructure: ₦1.35 trillion (approximately $3.4 billion USD)
  5. Security: ₦1.23 trillion (approximately $3.1 billion USD)

Please note that these figures are subject to change and may not reflect the actual spending patterns of the government.