Overview

The document is the 2016 Appropriation Act for the Federal Ministry of Petroleum Resources of the Federal Republic of Nigeria. It provides a detailed breakdown of budget allocations for the ministry and its agencies for the fiscal year 2016. The total appropriation for the ministry is N62,115,123,639, comprising personnel costs of N53,170,602,031, overhead costs of N1,166,324,892, and capital allocation of N6,304,900,570. The main envelope summary shows total allocations of N61,588,594,956 after adjustments. The document lists six agencies under the ministry: Ministry of Energy (Petroleum Resources) Headquarters (N2,592,370,606), Department of Petroleum Resources (N32,052,630,224), Petroleum Training Institute (N12,195,834,143), Nigeria Content Development and Monitoring Board (N3,545,185,050), Petroleum Products Pricing Regulatory Agency (N8,872,472,151), and Nigeria Nuclear Regulatory Authority (N2,330,102,781). A detailed expenditure breakdown for the Ministry of Energy (Petroleum Resources) Headquarters is provided, showing personnel costs of N725,976,113 (including salaries of N645,312,100 and allowances/social contributions of N80,664,013) and other recurrent costs of N311,255,078 (including overhead costs such as travel, utilities, materials, maintenance, training, consulting, fuel, financial charges, and miscellaneous items). The document is a legislative budget appropriation act detailing planned government spending for the petroleum sector in 2016.

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