Overview

The document is the 2023 Appropriation Act for the Federal Ministry of Industry, Trade and Investment (FMITI) of Nigeria. The total allocation for the ministry is ₦48,862,789,248, divided into personnel (₦14,468,755,348), overhead (₦2,356,703,134), and capital (₦32,037,330,766). The breakdown includes allocations to 18 agencies and units: FMITI Headquarters (₦7,023,110,299), Standard Organization of Nigeria (₦4,209,857,906), National Automotive Design and Development Council (₦800,963,225), Industrial Training Fund (₦2,457,497,997), Nigerian Export Promotion Council (₦1,226,888,274), Financial Reporting Council of Nigeria (₦37,034,622), Nigerian Export Processing Zones Authority (₦7,645,345,773), Lagos International Trade Fair Complex Management Board (₦235,365,946), Federal Produce Inspection (₦304,577,570), External Trade Sector, Geneva (WTO) (₦537,110,758), Oil and Gas Free Zones Authority (₦2,453,384,066), Tafawa Balewa Square Management Board (₦376,414,502), Nigeria Trade Office, Taiwan (₦230,472,876), Nigeria Trade Office, China (₦195,352,013), SMEDAN Headquarters (₦18,467,632,505), Nigerian Investment Promotion Council Headquarters (₦1,028,339,996), Nigeria Office for Trade Negotiation (₦732,720,061), and Federal Competition and Consumer Protection Tribunal (₦900,720,859). The detailed line items for FMITI Headquarters show personnel costs of ₦3,344,394,515 (salaries and allowances) and overhead costs of ₦812,525,910 (travel, utilities, materials, maintenance, etc.). The document originates from the National Assembly as part of the 2023 Appropriation Act.

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