Overview

The 2010 Appropriation Bill of Nigeria authorizes the issuance of N4,079,654,724,257 from the Consolidated Revenue Fund for the fiscal year ending December 31, 2010. The total sum is allocated across Statutory Transfers (N180,279,158,994), Debt Service (N517,071,827,452), Recurrent (Non-Debt) Expenditure (N2,011,484,370,825), and Capital Expenditure via the Development Fund (N1,370,819,366,986). The bill outlines procedures for fund release via warrants by the Minister of Finance, restricts releases beyond the fiscal year, mandates National Assembly approval for virements, and defines the Schedule as attached estimates. Key entities include the National Judicial Council, Niger-Delta Development Commission, and Universal Basic Education.

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