2023 Ministry of Mines and Steel Development Budget
Overview
The document is the 2023 Appropriation Act for the Ministry of Mines and Steel Development (MMSD) of Nigeria, detailing its approved budget totaling ₦38,935,169,991. The budget is split into personnel (₦10,411,906,526), overhead (₦2,270,594,187), and capital (₦27,252,669,278) expenditures. The ministry headquarters receives the largest allocation (₦24.8 billion), followed by the Nigerian Geological Survey Agency (₦3.07 billion), Ajaokuta Steel Company Limited (₦4.15 billion), and the National Iron Ore Mining Project-Itakpe (₦1.96 billion). Other agencies include the Council of Nigerian Mining Engineers and Geosciences, National Steel Raw Materials Exploration Agency Kaduna, National Metallurgical Development Centre Jos, Metallurgical Training Institute Onitsha, Nigeria Institute of Mining and Geoscience, Nigeria Mining Cadastre Office & Centres, Solid Mineral Development Fund Office, and National Steel Council. Personnel costs include salaries (₦1.06 billion) and allowances/social contributions (₦157 million). Overhead costs cover travel, utilities, materials, maintenance, training, other services, consulting, and fuel. Capital expenditure details are not broken down in the excerpt. The document type is a budget report; language is English.