2016 Federal Ministry of Education Budget
Overview
This document is the 2016 Appropriation Act for the Federal Ministry of Education of Nigeria. It details the budget allocation for the ministry and its various parastatals and institutions. The total allocation for the Federal Ministry of Education is 480,278,214,688 Nigerian Naira, broken down into personnel (426,849,652,682), overhead (17,995,074,540), recurrent (444,844,727,222), and capital (35,433,487,466). The funds come from main envelope personnel, main envelope overhead, statutory transfers, and capital development fund main. The document lists allocations for numerous agencies including the Universal Basic Education (UBE) Commission, West African Examination Council (WAEC), Joint Admissions Matriculation Board (JAMB), National Examinations Council (NECO), National Library of Nigeria, and various federal polytechnics and colleges. The largest single allocation for an agency is the UBE Commission with 79,038,271,348 Naira, primarily from statutory transfers. The document is a financial policy document outlining government spending on education for the year 2016.