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2023 Ministry of Agriculture Budget

Budgets
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Overview

The document is the 2023 Appropriation Act for the Federal Ministry of Agriculture and Rural Development in Nigeria. It provides a detailed breakdown of budget allocations for personnel, overhead, and capital expenditures across various agencies under the ministry. The total budget for the ministry is 426,989,907,243 Nigerian Naira, with 80,936,552,369 allocated to personnel, 4,482,648,985 to overhead, and 341,570,705,889 to capital development. The document lists numerous sub-entities, including research institutes (e.g., National Cereals Research Institute, National Veterinary Research Institute), agricultural colleges (e.g., Federal University of Agriculture, Abeokuta; Federal College of Agriculture, Akure), and other specialized agencies (e.g., Cocoa Research Institute, Rubber Research Institute). Each entity's allocation is itemized, showing personnel, overhead, and capital components. The largest single allocation is to the Ministry Headquarters (144,507,350,057), followed by the Federal College of Fresh Water Fisheries Technology (14,998,724,286) and the National Cereals Research Institute (12,076,220,527). The document serves as a legal framework for government spending in agriculture for the fiscal year 2023.

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2023 Ministry of Agriculture Budget