2023 Ministry of Transport Budget
Overview
The document is the 2023 Appropriation Act for the Federal Ministry of Transport of Nigeria, detailing its budget allocation. The total allocation for the Ministry (Headquarters) is ₦130,346,188,727, comprising personnel cost (₦17,156,092,973), overhead cost (₦855,830,165), and capital expenditure (₦112,334,265,589). The breakdown by funds shows ₦17,156,092,973 for personnel, ₦855,830,165 for overhead, and ₦112,334,265,589 for capital development. The ministry's headquarters (code 0229001001) receives ₦93,661,778,746, with personnel cost of ₦1,028,170,528, overhead of ₦382,185,472, and capital of ₦92,251,422,746. Other agencies under the ministry include the Nigerian Institute of Transport Technology (₦6,573,856,347), Nigerian Railway Corporation (₦22,386,973,370), National Inland Waterways Authority (₦5,397,506,498), Maritime Academy, Oron (₦1,550,995,188), and Council for the Regulation of Freight Forwarding in Nigeria (₦775,078,578). Detailed line items for headquarters show personnel costs (salaries and allowances), overhead costs (travel, utilities, materials, maintenance, training, other services, consulting, fuel, miscellaneous), and capital expenditure (purchase of fixed assets).