2010 Statutory Transfers
Overview
This document is an excerpt from the 2010 Budget Proposal of the Federal Government of Nigeria, specifically detailing statutory transfers and debt service allocations. The total allocation for statutory transfers is 180,279,158,994 Naira, with funds directed to three major entities: the National Judicial Council receives 91,000,000,000 Naira, including an additional 3 billion Naira for judges' courts as directed by the President; the Niger-Delta Development Commission (NDDC) receives 35,624,771,198 Naira plus 9,312,986,292 Naira in arrears for its share of excess crude distributed in 2009; and the Universal Basic Education program receives 44,341,401,504 Naira. The debt service total allocation is 517,071,827,452 Naira, comprising 478,155,330,805 Naira for domestic debts and 38,916,496,647 Naira for foreign debts. The document categorizes expenditures under statutory transfers and debt service, indicating the government's priorities in funding the judiciary, regional development (NDDC), basic education, and debt obligations.