The 2018 National Assembly (NASS) budget, which was hitherto guarded secretly, has finally been released to the general public.
The disclosure was in line with the directive of the Senate President, Bukola Saraki, who asked the National Assembly Clerk, Mohammed Sani-Omolari, to release the document for public view.
The document shows that the 2018 budget of the National assembly stands at N139.5 billion.
Find the details of the 2018 Budget of the National Assembly here: https://t.co/Gbbd1vPXWF
— The Senate President (@SPNigeria) April 12, 2019
Some Breakdown of 2018 NASS budget
The National Assembly Office
The National Assembly Office received a total allocation of N15.3bn for the year. Out of the total budgetary allocation for the National Assembly’s Office, the sum of N13.11bn was allocated to recurrent capital, while N2.27bn allocated for capital expenditure.
News continues after this ad
The recurrent expenditure comprises N8.57 bn total Personnel Cost and N4.53bn total overhead cost.
The Senate received N35.5bn allocation for 2018. The break down shows that N30.6bn goes for recurrent expenditures, while N4.93bn budget for capital expenditure.
Under the recurrent budget expenditure, N1.85bn was allocated for total personnel cost, while N28.7bn for total overhead cost. On the other hand, total capital expenditure for Senate amounted to N4.9bn.
News continues after this ad
House of Representatives Office
Total budget allocation to the House of Representatives was N57.4bn. Total recurrent expenditure was 52.6 billion, while capital expenditure allocation amounted to N4.76bn.
Similarly, break down of the recurrent expenditure shows that total personnel cost was N4.92bn while N47.7bn budgeted for total overhead cost.
National Assembly Service Commission Office
The Nationa Assembly Service Commission’s Office received a total allocation of N10.2bn. Further break down shows that the total recurrent budgetary allocation was N2.4bn, while total capital budgetary allocation was N309mn.
Also, the recurrent expenditure break down shows that total personnel cost got an allocation of N1.1bn, while total overhead head cost received an allocation of N1.25bn
Legislative Aid Office
The document shows that the Office of Legislative Aid received a total allocation of N10.2bn, with N10.05bn for recurrent expenditure and while capital budgetary allocation was N150mn.
Further break down for the recurrent expenditure shows that total personnel cost had N9.5bn, while the total overhead budget was 534.9mn.
NASS budgetary allocation for general service Office was N12.3bn. The total recurrent budgetary allocation stood at N8.9bn, while total capital expenditure stays at 3.4b1bn
NASS allocated N119.7bn on recurrent expenditure
The total budgetary allocation on recurrent expenditure was the highest with N199.7bn in 2018, While capital budgetary allocation allocated was N18.5bn.
Note that recurrent budgetary allocation specifically covers expenditure on wages, salaries and supplements, purchases of goods and services and consumption of fixed capital by the National assembly.