2016 Federal Ministry of Finance Budget
Overview
The document is the 2016 Appropriation Act (budget) for the Federal Ministry of Finance of Nigeria. It details the total allocations for personnel, overhead, recurrent, and capital expenditures across various departments and offices under the Ministry. The total allocation for the Ministry is about 10.66 billion Naira, comprising recurrent (personnel and overhead) of about 9.99 billion and capital of about 668 million. The main components include the Ministry Headquarters (2.86 billion), Debt Management Office (607.65 million), Investment and Securities Tribunal (574.03 million), Office of the Accountant-General of the Federation (3.85 billion), and numerous Federal Pay Offices (FPOs) across states with small overhead allocations (mostly 2.16 million each). Additionally, a debt service fund of 1.475 trillion Naira is listed separately. The document provides a structured breakdown of budget allocations for the fiscal year 2016.