• About
  • Advertise
  • Careers
  • Contact
Saturday, July 5, 2025
  • Login
No Result
View All Result
NEWSLETTER
Reporters At Large
  • Home
  • News
    • World
    • For The Record
    • Metro
    • Opinion
    • Press Releases
  • Business
    • Auto Trend
  • Politics
  • Tourism
  • Lifestyle
    • People & Events
    • Health
  • RAL TV
    • Video
    • Video News
  • More
    • Advertisement
    • Privacy
    • Disclaimer
    • Contact Us
  • Home
  • News
    • World
    • For The Record
    • Metro
    • Opinion
    • Press Releases
  • Business
    • Auto Trend
  • Politics
  • Tourism
  • Lifestyle
    • People & Events
    • Health
  • RAL TV
    • Video
    • Video News
  • More
    • Advertisement
    • Privacy
    • Disclaimer
    • Contact Us
No Result
View All Result
Reporters At Large
No Result
View All Result
Home Featured

2017 Budget: NASS Doubles Rural Electrification Budget

by ReportersAtLarge
May 15, 2017
in Featured, News
Reading Time: 2 mins read
0
Judiciary
Share on WhatsappShare on FacebookShare on TwitterShare on Linkedin

THE National Assembly has doubled the 2017 budget proposal of the National Rural Electrification Agency (NREA), raising the executive expenditure proposal for the agency from N16,137,871,005 to N31,044,204551 as contained in the Appropriation Bill passed last Thursday.

The legislature also partially increased the N40 billion proposed in the budget by the Transmission Company of Nigeria, TCN, to N42 billion, which is a difference of N2 billion.

In the budget, the agency itemised various projects for executions under the fiscal year, which include the rehabilitation, completion and construction of rural electrification projects across the nation.

ADVERTISEMENT

The agencies under the Ministry of Power, which received various appropriations included: National Electricity Regulatory Commission, NERC; National Electricity Management Services Agency, NEMSA; National Power Training Institute, NAPTI; National Electricity Liability Management Limited, NELMCO; Transmission Company of Nigeria, TCN and National Bulk Electricity Trading (NBET).

The legislature also partially increased the N40 billion proposed in the budget by the Transmission Company of Nigeria, TCN, to N42.385 billion, which is a difference over N2 billion.

RelatedPosts

PEAC/PFIPC Is A Boost For Nigeria’s Economy – McDons Hotel Boss, Dr. Akweke

Stakeholders Urge Sharing Of Community Experiences On Climate Change Impacts

Court Affirms Senate’s Right To Suspend Natasha

The appropriation bill also showed that the N2.718 billion allocated to the NELMCO was increased to N3.518 billion just as NAPTI budget proposal of N2.465 billion was reduced by only N127 million.

The National Assembly also appropriated a total of N3.725 billion to NBET as against N3.595 billion proposed in the executive bill, indication a an increment of N130 million.

However, the budget of NERC was reduced from N2 billion to N1.8 billion, by the National assembly.

Similarly, the N2.837billion allocated to MEMSA was also slashed to N1.129 billion by the

Meanwhile, the nation’s 115 Foreign Missions have been allocated N66.7 billion in the 2017 budget passed by the National Assembly, last week.

The mission have suffered a huge set back in the past one year due to lack of financial support from the Foreign Affairs Ministry.

An analysis of the 2017 Appropriation Bill shows that Nigeria’s Foreign Mission in New York led the list with the highest allocation of N2.077billion.

Washington followed with an allocation of N1.2billion. London received an allocation of N1.6 billion; Berlin N893.9million and Madrid N700.5 million.

On the flip side, Nigeria Foreign Mission in Columbo received the least allocation of N277.4million, followed by Nigeria Mission in Lome, with N270.4million.

In this category are: Freetown N260.61 million and Spain with a total allocation of 286.1million.

Meanwhile parastatals under the ministry are not left behind.

The Ministry of Foriegn Affairs Headquarters was appropriated with the sum of N10.9 billion, Technical Aids Corps, N3.7billion while Foriegn Service Academy N347.6 million.

Others are Institute for peace and conflict resolution with N1.1billion, Directorate of Technical Cooperation in Africa, N360.2million and Nigeria Institute of International Affairs with a total of 514million.

Tags: 2017 BudgetElectricityNASSNigeria
SendShare1TweetShare
ReportersAtLarge

ReportersAtLarge

Reporters At Large is the world’s fastest-growing online news platform and public service broadcaster. We’re impartial and independent, and every day we create distinctive, world-class programmes and content which inform, educate and entertain millions of people in Nigeria and around the world.

More

Chairman CEO of McDons Skye Hotel Dr Modestus Chigo Akweke
News

PEAC/PFIPC Is A Boost For Nigeria’s Economy – McDons Hotel Boss, Dr. Akweke

by ReportersAtLarge
July 5, 2025
0

"The participation of the PEAC/PFIPC at FHS Africa was a true reflection of the council's focus on attracting and facilitating...

Read moreDetails
Climate Change in Nigeria
News

Stakeholders Urge Sharing Of Community Experiences On Climate Change Impacts

by ReportersAtLarge
July 4, 2025
0

Stakeholders at the Inception and Discovery Meeting for Climate Equity Project in Nigeria have underscored the amplification of personal experiences...

Read moreDetails
Natasha Akpoti
News

Court Affirms Senate’s Right To Suspend Natasha

by ReportersAtLarge
July 4, 2025
0

The Federal High Court in Abuja on Friday found the senator representing Kogi Central Senatorial District, Natasha Akpoti-Uduaghan, guilty of...

Read moreDetails
Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

INEC-Chairman-Professor-Mahmood-Yakubu

Edo 2016: DSS, Police Call For Postponement Of Election

9 years ago
Governor-Abiola-Ajimobi

Paris Club Fund: Ajimobi Approves Payment Of April, May Salaries

8 years ago

Popular News

  • Olubadan of Ibadan Oba Owolabi Olakulehin

    Makinde, Senator Alli Celebrate Olubadan On 90th Birthday, First Coronation

    0 shares
    Share 0 Tweet 0
  • PEAC/PFIPC Is A Boost For Nigeria’s Economy – McDons Hotel Boss, Dr. Akweke

    0 shares
    Share 0 Tweet 0
  • Ogidan’Birin Set To Launch WADEN At Akungba Day 2025

    0 shares
    Share 0 Tweet 0
  • Stakeholders Urge Sharing Of Community Experiences On Climate Change Impacts

    0 shares
    Share 0 Tweet 0
  • Court Affirms Senate’s Right To Suspend Natasha

    0 shares
    Share 0 Tweet 0

Connect with us

ADVERTISEMENT

About Us

Reporters At Large is the world’s fastest-growing online news platform and public service broadcaster. We’re impartial and independent, and every day we create distinctive, world-class programmes and content which inform, educate and entertain millions of people in Nigeria and around the world.

With a high level of professionalism, fairness, objectivity, accuracy and speed, we publish Breaking News Nigeria Today Headlines and International news on Politics, Tourism and Travel, Entertainment, Sports, Business Lifestyle and Sports.

Category

  • Auto Trend
  • Breaking Bones
  • Business
  • Columns
  • Entertainment
  • Featured
  • For The Record
  • Health
  • Innovation
  • Lifestyle
  • Metro
  • News
  • Opinion
  • People & Events
  • Politics
  • Press Releases
  • Science & Technology
  • Sponsored
  • Sport
  • Tourism & Culture
  • Video
  • Video News
  • WorldNews

Recent Posts

  • Makinde, Senator Alli Celebrate Olubadan On 90th Birthday, First Coronation July 5, 2025
  • PEAC/PFIPC Is A Boost For Nigeria’s Economy – McDons Hotel Boss, Dr. Akweke July 5, 2025
  • Ogidan’Birin Set To Launch WADEN At Akungba Day 2025 July 4, 2025
  • Stakeholders Urge Sharing Of Community Experiences On Climate Change Impacts July 4, 2025
  • Court Affirms Senate’s Right To Suspend Natasha July 4, 2025
May 2017
SMTWTFS
 123456
78910111213
14151617181920
21222324252627
28293031 
« Apr   Jun »
  • Home
  • News
  • Business
  • Politics
  • Tourism
  • Lifestyle
  • RAL TV
  • More

© 2016-2024 RAL - Guided by professionalism

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • World
    • For The Record
    • Metro
    • Opinion
    • Press Releases
  • Business
    • Auto Trend
  • Politics
  • Tourism
  • Lifestyle
    • People & Events
    • Health
  • RAL TV
    • Video
    • Video News
  • More
    • Advertisement
    • Privacy
    • Disclaimer
    • Contact Us

© 2016-2024 RAL - Guided by professionalism

Verified by MonsterInsights