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Nigeria's 2026 Budget Allocates N4.23 Trillion to 50 Capital Projects for Infrastructure Development

Nigeria's 2026 Budget Allocates N4.23 Trillion to 50 Capital Projects for Infrastructure Development

Nigeria's 2026 proposed federal government budget outlines a cumulative capital allocation of N4.23 trillion for 50 major projects across key sectors of the economy. The budget, spread across eight federal ministries, aims to strategically invest in infrastructure and human capital development.

The allocation is designed to address long-standing infrastructure gaps and enhance social investments. Notably, the budget prioritizes sectors like power, roads, agriculture, education, and health, with a significant emphasis on improving electricity transmission capacity, transportation infrastructure, and agricultural processing zones.

The budget also includes allocations for recurrent expenditures, personnel costs, debt servicing, education, and health to enhance human capital outcomes. The government plans to execute these projects to bridge regional development disparities and boost economic growth.

Plus234Feed summary based on reporting from Nairametrics. Read the original report below.

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