Investogist
No Result
View All Result
Wednesday, September 23, 2026
  • News
    • All
    • Africa
    • Nigeria
    • World
    US deficit grows to US$291 billion in July – Reports

    President Trump proposes US$10 billion to rebuild Gulf energy infrastructure

    Trump TV Goes Live as CNN and Co. Halt White House Coverage

    Trump TV Goes Live as CNN and Co. Halt White House Coverage

    FG constitutes independent committee to investigate deaths of 37 in NSCDC custody in Minna

    FG constitutes independent committee to investigate deaths of 37 in NSCDC custody in Minna

    INECPRES Portal Open: How to Apply for INEC Ad Hoc Jobs Before November 18

    INECPRES Portal Open: How to Apply for INEC Ad Hoc Jobs Before November 18

    Ethiopian Airlines to Launch Port Harcourt Service on December 1

    Ethiopian Airlines to Launch Port Harcourt Service on December 1

    Buffett Steps Down After 56 Years at Berkshire’s Helm; Son Howard Takes Over

    Buffett Steps Down After 56 Years at Berkshire’s Helm; Son Howard Takes Over

    International Breweries Plc to distribute ₦84 billion to shareholders

    International Breweries Plc to distribute ₦84 billion to shareholders

    FG suspends Commandant as 37 Suspected Miners Die in NSCDC Custody in Niger State

    FG suspends Commandant as 37 Suspected Miners Die in NSCDC Custody in Niger State

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

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

    Central Bank of Nigeria Cuts MPR to 23 Percent From 26.5 Percent

    Don’t pursue tax collection target without building taxpayer trust – Tax Ombud

    Don’t pursue tax collection target without building taxpayer trust – Tax Ombud

    SEC Nigeria to introduce tax incentive backed National Savings Scheme

    SEC Nigeria to introduce tax incentive backed National Savings Scheme

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    Dangote ends naira sales, Begins petrol Sales in Dollar

    Dangote ends naira sales, Begins petrol Sales in Dollar

    NGX Updates HBM Nigeria’s Trading Symbol to HBMNG

    NGX Updates HBM Nigeria’s Trading Symbol to HBMNG

    WAEC, NECO Fees Jump 82% to N50,000 From 2027

    FG Suspends Planned N50,000 WAEC, NECO Fee Hike

    WAEC, NECO Fees Jump 82% to N50,000 From 2027

    WAEC, NECO Fees Jump 82% to N50,000 From 2027

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    Dangote Cement Plc to expand capacity by 45.5% in 4 years

    Dangote Cement Plc to expand capacity by 45.5% in 4 years

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

    Dangote Signs $450 Million Deal with Engineers India for Kenya Refinery Project

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

    Central Bank of Nigeria Cuts MPR to 23 Percent From 26.5 Percent

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa Buys Back Nearly 800,000 Shares as Programme Total Tops 19.9 Million

    Diesel prices in The United States hit record high

    Diesel prices in The United States hit record high

    Dangote Fertiliser Limited’s IPO set for 2028

    Dangote Fertiliser Limited’s IPO set for 2028

    Access Holdings Profit Surges 22% in Q1 2026

    Access Bank Redeems US$500m Eurobond From Internal Resources

    AIICO Board of Directors approve Dividend Payment and  2021 Financial Statements

    Oando Plc shareholders approve cross-border listing at AGM

    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    NGX Daily Equities Market Report: MTNN lead market to a positive start for the week

    Investors trade shares worth ₦237.986 billion in the week of Dangote Refinery IPO

    Dangote refinery starts supply of petroleum products into Nigerian market

    Dangote Refinery IPO gets SEC approval, sets price at N525 per share

    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    NEIMETH lists additional 2.37 billion shares on NGX

    Neimeth Opens N4.00 Rights Issue to Shareholders

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    • 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
    US deficit grows to US$291 billion in July – Reports

    President Trump proposes US$10 billion to rebuild Gulf energy infrastructure

    Trump TV Goes Live as CNN and Co. Halt White House Coverage

    Trump TV Goes Live as CNN and Co. Halt White House Coverage

    FG constitutes independent committee to investigate deaths of 37 in NSCDC custody in Minna

    FG constitutes independent committee to investigate deaths of 37 in NSCDC custody in Minna

    INECPRES Portal Open: How to Apply for INEC Ad Hoc Jobs Before November 18

    INECPRES Portal Open: How to Apply for INEC Ad Hoc Jobs Before November 18

    Ethiopian Airlines to Launch Port Harcourt Service on December 1

    Ethiopian Airlines to Launch Port Harcourt Service on December 1

    Buffett Steps Down After 56 Years at Berkshire’s Helm; Son Howard Takes Over

    Buffett Steps Down After 56 Years at Berkshire’s Helm; Son Howard Takes Over

    International Breweries Plc to distribute ₦84 billion to shareholders

    International Breweries Plc to distribute ₦84 billion to shareholders

    FG suspends Commandant as 37 Suspected Miners Die in NSCDC Custody in Niger State

    FG suspends Commandant as 37 Suspected Miners Die in NSCDC Custody in Niger State

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

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

    Central Bank of Nigeria Cuts MPR to 23 Percent From 26.5 Percent

    Don’t pursue tax collection target without building taxpayer trust – Tax Ombud

    Don’t pursue tax collection target without building taxpayer trust – Tax Ombud

    SEC Nigeria to introduce tax incentive backed National Savings Scheme

    SEC Nigeria to introduce tax incentive backed National Savings Scheme

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    Dangote ends naira sales, Begins petrol Sales in Dollar

    Dangote ends naira sales, Begins petrol Sales in Dollar

    NGX Updates HBM Nigeria’s Trading Symbol to HBMNG

    NGX Updates HBM Nigeria’s Trading Symbol to HBMNG

    WAEC, NECO Fees Jump 82% to N50,000 From 2027

    FG Suspends Planned N50,000 WAEC, NECO Fee Hike

    WAEC, NECO Fees Jump 82% to N50,000 From 2027

    WAEC, NECO Fees Jump 82% to N50,000 From 2027

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    Dangote Cement Plc to expand capacity by 45.5% in 4 years

    Dangote Cement Plc to expand capacity by 45.5% in 4 years

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

    Dangote Signs $450 Million Deal with Engineers India for Kenya Refinery Project

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

    Central Bank of Nigeria Cuts MPR to 23 Percent From 26.5 Percent

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa Buys Back Nearly 800,000 Shares as Programme Total Tops 19.9 Million

    Diesel prices in The United States hit record high

    Diesel prices in The United States hit record high

    Dangote Fertiliser Limited’s IPO set for 2028

    Dangote Fertiliser Limited’s IPO set for 2028

    Access Holdings Profit Surges 22% in Q1 2026

    Access Bank Redeems US$500m Eurobond From Internal Resources

    AIICO Board of Directors approve Dividend Payment and  2021 Financial Statements

    Oando Plc shareholders approve cross-border listing at AGM

    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    NGX Daily Equities Market Report: MTNN lead market to a positive start for the week

    Investors trade shares worth ₦237.986 billion in the week of Dangote Refinery IPO

    Dangote refinery starts supply of petroleum products into Nigerian market

    Dangote Refinery IPO gets SEC approval, sets price at N525 per share

    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    NEIMETH lists additional 2.37 billion shares on NGX

    Neimeth Opens N4.00 Rights Issue to Shareholders

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    • 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 News

2023 Budget: More money for streetlight construction than schools and health centres combined – Report

Friday, 2 June 2023, 11:29 am
in News, Nigeria
0
Details of 2023 Budget parameters, revenue estimate, expenditure, fiscal balance
Share Share Share Share Send as Email

Federal Government of Nigeria allocated N81.7 billion for the construction of streetlight in the 2023 budget, higher than the total amount for schools and Primary Health Centres combined, BudgIT says in its budget analysis report released on Friday.

BudgIT in the report titled, ‘2023 FG Projects Analysis’ said that “A total of N81.7b was allocated to the construction of solar street lights in the 2023 FG Capital and Constituency projects. This is higher than the total allocation to schools and primary health centers, which gulp N77.9b and N3.1b, respectively, in the budget.”

Meanwhile, 687 projects worth N112 billion were allocated to agencies outside their mandate, according to the report.

Highlighting ten most expensive of such projects BudgIT wondered “How can an agency called National Merit Award be in charge of the supply of medical equipment? Or the Nigerian Army be in charge of constructing a major highway? Or the National Space Research Agency be in charge of the Construction of a Local Townhall?”

Here are the highlighted projects by BudgIT:

N4.58 billion: Construction of Dengi-Kwalmiya-Gagdi-Wawus S/B Bauchi Road in Plateau State by the Nigerian Army

N1.25 billion: Supply of Medical Equipment in selected Healthcare Centre and Hospital in Ogun State by Nigeria Institute of Oceanography and Marine Research.

N1.10 billion: Construction /provision of Perimeter Fencing & Access Road of Liberty Free, Akwa Ibom State by 8 Oil and Gas Free Zones Authority, Nigeria

N937.75 million: Construction of Olatayo Road Ikate Elegushi Lagos State, Pavement and Surfacing, Kebs Lined Drain and Cover Slab with Solar Powered Street Light at Midian by Nigeria Institute of Oceanography and Marine Research

N800.00 million Construction of Wawa Road In K/Kusar by Office of the Senior Special Assistant to the President

N500.00 million: Supply of Hospital Equipment and Sporting Kits to Marang Community, Bauchi State by National Merit Award

N500.00 million: Supply of Tricycles to Youths in Adamawa State by Nigeria Stored Products Research, Ilorin.

N 400.00 million: Rehabilitation, Surface Dressing and Construction of Drainages of Rural Roads in Selected Locations in Isukwuato/Umunneochi Federal Constituency, Abia by Nigerian Army.

N200.00 million:  Construction of Solar Street Light in Asari-Toru/Akuku-Toru Federal Constituency & Tonex Road Egelebie, Okrika, Rivers State by Nigerian Army

N200.00 million: Construction of Ashphalt Road with Drainages in Ashiahu Alake Street, Adelodun Gobir Peace Community along Kangile Road, Sango Ilorin, Kwara State by Industrial Arbitration Panel.

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:

  • Tesla....
    Tesla makes more money from Bitcoin than selling cars
  • Urine_Colour
    What does your urine say about your health - Health corner
  • LNG Vessle
    EU States purchased more LNG from Russia btw Jan-Jul…
  • Gain
    54 Companies whose stocks gained more than 100% in…
Previous Post

VIDEO: US President Joe Biden tumbles onstage at Airforce graduation

Next Post

JUST IN: Tribunal adjourns Obi’s case to Monday, admits evidence from Lagos, others

Next Post
Full Text: Tribunal releases Obi’s pre-hearing report

JUST IN: Tribunal adjourns Obi's case to Monday, admits evidence from Lagos, others

Please login to join discussion
  • Trending
  • Comments
  • Latest
Forbes Releases 2026 Africa’s Richest Billionaires List: Dangote Leads with $28.5 Billion

Dangote Signs $450 Million Deal with Engineers India for Kenya Refinery Project

Airtel Africa Releases Audited Financial Statements for Q1 2026

Airtel Africa Buys Back Nearly 800,000 Shares as Programme Total Tops 19.9 Million

Dangote Cement Plc to expand capacity by 45.5% in 4 years

Dangote Cement Plc to expand capacity by 45.5% in 4 years

Trump TV Goes Live as CNN and Co. Halt White House Coverage

Trump TV Goes Live as CNN and Co. Halt White House Coverage

US deficit grows to US$291 billion in July – Reports

President Trump proposes US$10 billion to rebuild Gulf energy infrastructure

NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

Dangote Cement Plc to expand capacity by 45.5% in 4 years

Dangote Cement Plc to expand capacity by 45.5% in 4 years

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

Dangote Signs $450 Million Deal with Engineers India for Kenya Refinery Project

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