Overview

The document presents the 2023 Appropriation Act for the Ministry of Petroleum Resources in Nigeria, detailing a total allocation of ₦34,207,414,787. This comprises ₦31,739,269,235 for personnel costs, ₦1,419,942,998 for overhead, and ₦777,869,567 for capital expenditure. The budget is broken down by funds: Main Envelope for Personnel (₦31.74 billion), Main Envelope for Overhead (₦1.42 billion), Capital Development Fund Main (₦777.87 million), and Retained Independent Revenue (₦270.33 million). At the MDA level, the Ministry's headquarters receives ₦1,892,999,518, the Petroleum Training Institute gets ₦16,822,871,498, and the Nigeria Nuclear Regulatory Authority receives ₦16,831,210,784. Detailed line items for headquarters include personnel costs (salaries, allowances, social contributions) totaling ₦743.55 million, overhead costs (travel, utilities, materials, maintenance, training, consulting, fuel, financial charges, miscellaneous) of ₦784.54 million, and capital expenditure of ₦364.91 million. The document also includes grants and contributions of ₦737,173. The budget is presented in a tabular format with codes and line items, reflecting the Nigerian government's fiscal planning for the petroleum sector in 2023.

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