Investogist
No Result
View All Result
Sunday, March 15, 2026
  • News
    • All
    • Africa
    • Nigeria
    • World
    Ex Super Eagles Star Henry Nwosu Passes Away at 62

    Ex Super Eagles Star Henry Nwosu Passes Away at 62

    Domestic Airfares Set to Rise as Aviation Fuel Hits N1,800/Litre

    Domestic Airfares Set to Rise as Aviation Fuel Hits N1,800/Litre

    Iran Warns Civilians: Stay 1 km Away from US and Israeli Linked Banks in Middle East

    Iran Warns Civilians: Stay 1 km Away from US and Israeli Linked Banks in Middle East

    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    Tinubu Nominates Taiwo Oyedele as Minister of State for Finance replacing Doris Anite

    Senate confirms Taiwo Oyedele as Minister of State for Finance

    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Saudi Aramco’s Q4 Adjusted Net Income Falls 2% to $25 Billion

    Saudi Aramco’s Q4 Adjusted Net Income Falls 2% to $25 Billion

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    CBN fines nine banks 150 million Naira each for failing to dispense cash

    CBN Limits New Mobile Banking Transfers to ₦20,000 in First 24 Hours

    CBN Bars Large Loan Defaulters from New Credit and Guarantees

    CBN Bars Large Loan Defaulters from New Credit and Guarantees

    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    Iran Warns of $200 Oil as IEA Plans to release 400m Barrel Reserves

    Iran Warns of $200 Oil as IEA Plans to release 400m Barrel Reserves

    NMDPRA Suspends Petrol Import Licences says Local Production Meets Demand

    NMDPRA Suspends Petrol Import Licences says Local Production Meets Demand

    Tinubu Nominates Taiwo Oyedele as Minister of State for Finance replacing Doris Anite

    Senate confirms Taiwo Oyedele as Minister of State for Finance

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Federal Government Suspends $300 Helicopter Landing Fee for Oil Companies

    Federal Government Suspends $300 Helicopter Landing Fee for Oil Companies

    Approve N250,000 demand for minimum wage, Labour

    Outrage Over Removal of Certificate Forgery as Petition Ground

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Trading begins in Linkage Assurance 12.32bn share rights issue

    Trading begins in Linkage Assurance 12.32bn share rights issue

    Nigerian Breweries Partners with Indorama Ventures to Build rPET Facility in Ogun State

    Nigerian Breweries Partners with Indorama Ventures to Build rPET Facility in Ogun State

    Iran Warns of $200 Oil as IEA Plans to release 400m Barrel Reserves

    Iran Warns of $200 Oil as IEA Plans to release 400m Barrel Reserves

    NMDPRA Suspends Petrol Import Licences says Local Production Meets Demand

    NMDPRA Suspends Petrol Import Licences says Local Production Meets Demand

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Federal Government Suspends $300 Helicopter Landing Fee for Oil Companies

    Federal Government Suspends $300 Helicopter Landing Fee for Oil Companies

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    CIG Motors partners with FCMB, offers up to N70m car loan to Nigerians

    FCMB Group Completes Capital Raise To meet CBN Int’l Licence

    Vitafoam Nigeria Declares N3.00 Dividend and Increases Share Capital

    Vitafoam Nigeria Declares N3.00 Dividend and Increases Share Capital

    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    Bitcoin and Ethereum Surges as Crypto Rebounds

    Bitcoin and Ethereum Surges as Crypto Rebounds

    Dangote Cement Hits ₦1 Trillion Profit, Proposes ₦45 Dividend

    Dangote Cement Hits ₦1 Trillion Profit, Proposes ₦45 Dividend

    NGX suspends trading in the shares of four listed companies

    NGX Suspends Trading in Zichis Agro-Allied Industries Shares

    AGM suspension: Oando’s shareholder wins court case against SEC

    Oando Plc Seeks NGX Approval for Rights Issue at ₦50 per share

    NGX Reg lifts suspension on Trading of Niger Insurance Plc’s shares

    Fortis Global Insurance Returns to NGX Trading Floor After 6-years Suspension

    CEO of Ecobank Group to retire, new CEO announced

    Ecobank Lists Additional 5.3 Billion Ordinary Shares on NGX

    Greif Nigeria Plc nears final stage of its voluntary liquidation process

    Greif Nigeria Plc Completes Liquidation, Shareholders Receive Final ₦9 Per Share Payout

    Again DMO offers N360 billion FGN bond for February

    FGN Opens Subscription for December 2025 Savings Bonds at 13.538% and 14.538%

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
Investogist
  • News
    • All
    • Africa
    • Nigeria
    • World
    Ex Super Eagles Star Henry Nwosu Passes Away at 62

    Ex Super Eagles Star Henry Nwosu Passes Away at 62

    Domestic Airfares Set to Rise as Aviation Fuel Hits N1,800/Litre

    Domestic Airfares Set to Rise as Aviation Fuel Hits N1,800/Litre

    Iran Warns Civilians: Stay 1 km Away from US and Israeli Linked Banks in Middle East

    Iran Warns Civilians: Stay 1 km Away from US and Israeli Linked Banks in Middle East

    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    Tinubu Nominates Taiwo Oyedele as Minister of State for Finance replacing Doris Anite

    Senate confirms Taiwo Oyedele as Minister of State for Finance

    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

    Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Saudi Aramco’s Q4 Adjusted Net Income Falls 2% to $25 Billion

    Saudi Aramco’s Q4 Adjusted Net Income Falls 2% to $25 Billion

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    CBN fines nine banks 150 million Naira each for failing to dispense cash

    CBN Limits New Mobile Banking Transfers to ₦20,000 in First 24 Hours

    CBN Bars Large Loan Defaulters from New Credit and Guarantees

    CBN Bars Large Loan Defaulters from New Credit and Guarantees

    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    President Tinubu Nominates Lamido Abubakar Yuguda as CBN Deputy Governor

    Iran Warns of $200 Oil as IEA Plans to release 400m Barrel Reserves

    Iran Warns of $200 Oil as IEA Plans to release 400m Barrel Reserves

    NMDPRA Suspends Petrol Import Licences says Local Production Meets Demand

    NMDPRA Suspends Petrol Import Licences says Local Production Meets Demand

    Tinubu Nominates Taiwo Oyedele as Minister of State for Finance replacing Doris Anite

    Senate confirms Taiwo Oyedele as Minister of State for Finance

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Federal Government Suspends $300 Helicopter Landing Fee for Oil Companies

    Federal Government Suspends $300 Helicopter Landing Fee for Oil Companies

    Approve N250,000 demand for minimum wage, Labour

    Outrage Over Removal of Certificate Forgery as Petition Ground

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Trading begins in Linkage Assurance 12.32bn share rights issue

    Trading begins in Linkage Assurance 12.32bn share rights issue

    Nigerian Breweries Partners with Indorama Ventures to Build rPET Facility in Ogun State

    Nigerian Breweries Partners with Indorama Ventures to Build rPET Facility in Ogun State

    Iran Warns of $200 Oil as IEA Plans to release 400m Barrel Reserves

    Iran Warns of $200 Oil as IEA Plans to release 400m Barrel Reserves

    NMDPRA Suspends Petrol Import Licences says Local Production Meets Demand

    NMDPRA Suspends Petrol Import Licences says Local Production Meets Demand

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Dangote Refinery Slashes Petrol to ₦1,075/Litre, Diesel to ₦1,430/Litre

    Federal Government Suspends $300 Helicopter Landing Fee for Oil Companies

    Federal Government Suspends $300 Helicopter Landing Fee for Oil Companies

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    Dangote Refinery Raises Petrol to ₦1,175, Diesel to ₦1,620

    CIG Motors partners with FCMB, offers up to N70m car loan to Nigerians

    FCMB Group Completes Capital Raise To meet CBN Int’l Licence

    Vitafoam Nigeria Declares N3.00 Dividend and Increases Share Capital

    Vitafoam Nigeria Declares N3.00 Dividend and Increases Share Capital

    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    Bitcoin and Ethereum Surges as Crypto Rebounds

    Bitcoin and Ethereum Surges as Crypto Rebounds

    Dangote Cement Hits ₦1 Trillion Profit, Proposes ₦45 Dividend

    Dangote Cement Hits ₦1 Trillion Profit, Proposes ₦45 Dividend

    NGX suspends trading in the shares of four listed companies

    NGX Suspends Trading in Zichis Agro-Allied Industries Shares

    AGM suspension: Oando’s shareholder wins court case against SEC

    Oando Plc Seeks NGX Approval for Rights Issue at ₦50 per share

    NGX Reg lifts suspension on Trading of Niger Insurance Plc’s shares

    Fortis Global Insurance Returns to NGX Trading Floor After 6-years Suspension

    CEO of Ecobank Group to retire, new CEO announced

    Ecobank Lists Additional 5.3 Billion Ordinary Shares on NGX

    Greif Nigeria Plc nears final stage of its voluntary liquidation process

    Greif Nigeria Plc Completes Liquidation, Shareholders Receive Final ₦9 Per Share Payout

    Again DMO offers N360 billion FGN bond for February

    FGN Opens Subscription for December 2025 Savings Bonds at 13.538% and 14.538%

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
No Result
View All Result
Investogist
No Result
View All Result
Home Economy Budgets

2023 Budget: List of most expensive Zonal Intervention Projects by FG, states with highest allocation

Monday, 5 June 2023, 10:38 am
in Budgets, Economy
0
Details of 2023 Budget parameters, revenue estimate, expenditure, fiscal balance
Share Share Share Share Send as Email

In the 2023 budget, the Ministry of Agriculture will spend N34.67 billion on Zonal Intervention Projects, (ZIP), the highest ZIP allocation compared to other ministries.

This represents 34.6% of the total N100 billion ZIP allocation in the budget, according to a recent report titled ‘2023 FG Projects Analysis,’ by BudgIT NG

Zonal Intervention Projects (ZIP) were introduced during the administration of former President Olusegun Obasanjo in 1999. The ZIPs are also called Constituency projects and have an annual allocation of N100 billion across the 36 states and the FCT.

The projects are nominated by Federal legislators (Senators and House of Representative Members) on behalf of their constituencies, inserted into the budget, and executed by Ministries, Departments and Agencies (MDAs). The N100 billion allocation is shared in a 60:40 formula, 60% for the legislators at the Senate and 40% for the legislators at the House of Representatives

The Ministry of Agriculture was followed by the Ministry of Science and Technology which got N13.28 billion. Ministry of Education received N7.74 billion while the Ministry of Labour, Ministry of water Resources and Ministry of Health received N6.29 billion, N5.87 billion and N3.88 billion respectively.

In terms of states ZIP allocation, Lagos state got the highest share of 5.6% of the total projects valued at N5.42 billion. It was followed by Kaduna and Abia states with N4.9 billion and N4.46 billion respectively.

Here are the most expensive ZIP projects as listed by BudgIT:

N1.00 billion: Establishment of legislative centre for security analysis:

N562.50 million: Supply of empowerment equipment for the unemployed and market men and women

N500.00 million: Provision of agrochemicals to selected formers in selected communities in Kaura federal constituency of Kaduna state.

N500.00 million: Construction of ten (10) units of two (2) bedroom bungalows for instructors at the Defence Space School, Orogun, Delta Central Senatorial District, Delta state at N50,000,000 per unit

N500.00 million: Skill acquisition training for rural entrepreneurs and empowering to support their business in 5 LGAs

N500.00 million: Construction of 50 beds hospital with fence and external works and supply of hospital equipment in Abuja

N480.00 million: Construction and repair of 4 community palaces in Aniocha-Oshimili Federal Constituency

N450.00 million: Provision of solar hybrid system – Femi Gbajabiamila general hospital, lagos

N400.00 million: Community support programmes to0 selected communities in Kaura Federal Constituency of Kaduna State. Kpak-100m, Kadarko – 100m, Fada- 100m, Mallagum-100m

N400.00 million: Construction of twenty (20) units of one (1) bedroom apartment for instructors at the defence space school, Orogun, Delta Central Senatorial district, Delta state at (N20,000,000 per unit).

About BudgIT

BudgIT is a civic organization driven to make the Nigerian budget and public data more comprehensible and accessible across every literacy span, according to the information on its website. BudgIT which was founded in 2011,  applies technology to intersect citizen engagement with institutional improvement, to facilitate societal change. Its primary goal is to use technology to intersect civic engagement and institutional reform.

Ifunanya Ikueze
Ifunanya Ikueze

Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.

Related Posts:

  • Sagbama - Ekeremor road
    Details of unimplemented FG 2020 Zonal Intervention…
  • Police,
    Nigerian Police received over N2 trillion budget…
  • Otti Budget
    Alex Otti presents a budget of ₦567.24bn for 2024,…
  • Viktor Gazprom
    Hungarian PM Viktor Orban: "We will not turn off…
Previous Post

Again, terrorists kill over 25 in fresh Benue attack 

Next Post

Fuel Subsidy: NLC absent as FG, TUC agree on wage increase for workers to cushion impact

Next Post
Fuel Subsidy: NLC absent as FG, TUC agree on wage increase for workers to cushion impact

Fuel Subsidy: NLC absent as FG, TUC agree on wage increase for workers to cushion impact

Please login to join discussion
  • Trending
  • Comments
  • Latest
Trading begins in Linkage Assurance 12.32bn share rights issue

Trading begins in Linkage Assurance 12.32bn share rights issue

MTN Nigeria to pay over N200 billion final dividend for 2022

List of Dividends announced in 2025, qualification and payment dates

Ex Super Eagles Star Henry Nwosu Passes Away at 62

Ex Super Eagles Star Henry Nwosu Passes Away at 62

CBN fines nine banks 150 million Naira each for failing to dispense cash

CBN Limits New Mobile Banking Transfers to ₦20,000 in First 24 Hours

Ex Super Eagles Star Henry Nwosu Passes Away at 62

Ex Super Eagles Star Henry Nwosu Passes Away at 62

CBN fines nine banks 150 million Naira each for failing to dispense cash

CBN Limits New Mobile Banking Transfers to ₦20,000 in First 24 Hours

CBN Bars Large Loan Defaulters from New Credit and Guarantees

CBN Bars Large Loan Defaulters from New Credit and Guarantees

Domestic Airfares Set to Rise as Aviation Fuel Hits N1,800/Litre

Domestic Airfares Set to Rise as Aviation Fuel Hits N1,800/Litre

Quick Links

News
Economy
Markets
Business
Opinion & Analysis

Newsletter Signup

Contact Investogist

info@investogist.com

  • About Us
  • Terms & Conditions
  • Privacy Policy
  • Contact Us

Copyright © 2026 investogist.com, All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • News
    • Nigeria
    • Africa
    • World
  • Economy
    • Policies
    • Budgets
    • Economic Data
  • Business
    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies

Copyright © 2025 investogist.com, All Rights Reserved