Ministries, Departments, and Agencies of the
Federal Government will in 2022 spend an estimated N104bn on
purchasing generators, felling and servicing them, The
PUNCH has learned.
The N104bn which will be spent on generators due to the country’s
unstable power supply exceeds the Internally Generated Revenue
of about 24 states of the federation.
The details are contained in the 2022 budget proposal which has
yet to be approved by the National Assembly.
The PUNCH, however, reports that the figure may be higher as
about 15 agencies including the Joint Admissions and Matriculation
Board, Federal Mortgage Bank of Nigeria, the Independent National
Electoral Commission, National Information Technology Agency,
National Pension Commission, Nigeria Customs Service, Central
Bank of Nigeria, National Examination Council, Central Bank of
Nigeria and others did not indicate their generator budgets.


Please enter your comment!
Please enter your name here