APPROPRIATION ACT, 2014
EXPLANATORY MEMORANDUM
ThisAct authorises the issuefrom the Consolidated Revenue Fund of the Federation the total sum of =N=4,695,190,OOO,OOO (four trillion, six hundred and ninety-five billion, one hundred and ninety million Naira) only, of which, =N=408,687,801,891 (four hundred and eight billion, six hundred and eighty-seven million, eight hundred and one thousand, eight hundred and ninety-one Naira) only is for Statutory Transfers, =N=712,OOO,OOO,OOO (seven hundred and twelve billion Naira) only is for Debt Service, =N=2,454,887,566,702 (two trillion, four hundred and fifty-four billion, eight hundred and eighty-seven million, five hundred and sixty-sixthousand, seven hundred and two Naira) only is for Recurrent (Non-Debt) Expenditure, while the balance of =N=l, 119,614,631,407 (one trillion, one hundred and nineteen billion, six hundred and fourteen million, six hundred and thirty-one thousand, four hundred and seven Naira) only is for contribution to the Development Fund for Capital Expenditure for the year ending 31stDecember, 2014.
APPROPRIATION ACT, 2014
ARRANGEMENT OF SECTIONS
Section: Issueand appropriation of =N=4,695,190,OOO,OOO from the Consolidated Revenue Fund of the Federation for 2014
Release of funds from the Consolidated Revenue Fund of the Federation.
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Virement ExcessRevenue Authorization Information on FundsReleases Due ProcessCertification Information on internally generated revenue
Security and Exchange Commission Information on extra budgetary and foreign assistance
Interpretation
Citation Schedule
APPROPRIATION ACT, 2014
A Bill
For An Act to authorise the issue from the Consolidated Revenue Fund of the Federation the total sum of =N=4,695,190,OOO,OOO (four trillion,sixhundred and ninety-five billion, one hundred and ninety million Naira) only, of which, =N=408,687,801,891 (four hundred and eight billion, six hundred and eighty-seven million, eight hundred and one thousand, eight hundred and ninety-one Naira) only is for statutory Transfers,=N=712,OOO,OOO,OOO (seven hundred and twelve billion Naira) only is for Debt Service, =N=2,454,887,566,702 (two trillion, four hundred and fifty-four billion, eight hundred and eighty-seven million, five hundred and sixty-sixthousand, seven hundred and two Naira) only is for Recurrent (Non-Debt) Expenditure, while the balance of =N=l,119,614,631,407 (one trillion, one hundred and nineteen billion, six hundred and fourteen million, six hundred and thirty- one thousand, four hundred and seven Naira) only is for contribution to the Development Fund for Capital Expenditure for the year ending 31st December, 2014.
ENACTEDby the National Assembly of the Federal Republic of Nigeria:
(1) The Accountant-General of the Federation shall, vvhen9uthorised to do s()J2yWam:lnts_sIgQ~q_QyJlle Minister charged with responsibility for finance, payout of the Consolidated Revenue Fund of the Federation during the year ending on the 31st day of December 2014, the sums specified by the warrants, not exceeding in the aggregate =N=4,695,190,OOO,OOO (four trillion, six hundred and ninety-five billion, one hundred and ninety million Naira) only.
(2) The amount mentioned in subsection (1) of this section is appropriated to the heads of expenditure as specified in the Schedule to thisAct.
Issueand appropriation of =N=4,695,190,OOO,OOO from the Consolidated Revenue Fund for 2014
Schedule
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(3) No part of the amount shall be released from the Consolidated Revenue Fund of the Federation after the end of the year mentioned in subsection (1) of this section.
2 Amounts appropriated under this Act shall be released from the Consolidated Revenue Fund of the Federation and applied only for the purpose specified in the Schedule to thisAct.
In the event that a need arises to vire amounts within the heads of expenditure to which sums have been appropriated under thisAct, such virement shall only be effected with the prior approval of the National Assembly. The revenues as specified in Sub-section 5(1) of this section refers to Revenues accruing from sales of government crude oil in excess of $77.5 per barrel, the Petroleum ProfitTaxand Royalty on Oil and Gas.
(1) The Accountant-General of the Federation shall immediately upon the coming into force of this Act maintain a separate record for the documentation of Revenue accruing to the Consolidated Revenue Fund in excess of oil price benchmark adopted in this Budget.
(2) The Accountant-General of the Federation shall forward to the National Assembly full details of funds released to the government Agencies immediately such funds are released.
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The . Miriister offihanCe· shdllehsure that-funas appropriated under this Act are released to the appropriate agencies and or organs of government as at when due, provided that no funds for any quarter of the fiscal year shall be deferred without prior waiver from the National Assembly.
Release of funds from the Consolidated Revenue Fund Schedule
Virement
Excess Revenue
Authorization and information on Funds Releases
Release of funds for Implementation
7 The department of government charged with the responsibility of certifying that due processes have been complied with in the processing of implementation of projects shall ensure that all processes of approval are completed within the specified period as provided for in the Public Procurement Act;
8 All Accounting Officers of Ministries, Parastatals and Departments of Government who control heads of expenditures shall upon the coming into effect of this Act furnishthe National Assembly on quarterly basiswith detailed information on the Internally generated revenue of the Agency in any form whatsoever.
9 All revenue however described including all fees received, fines, grants, budgetary provisions and all internally and externally generated revenue shall not be spent by the Security and Exchange Commission for Recurrent or Capital purposes or for any other matter, nor liabilities thereon incurred except with prior Appropriation and approval by the National Assembly.
10 All Accounting Officers of Ministries, Parastatals and Departments of government who control heads of expenditures shall upon the coming into effect of this Act furnishthe National Assembly on quarterly basiswith detailed information on all foreign and domestic assistance received from any Agency, Person or OrgonizatioQiD_anyform whatsoey_er.
Forthe purposes of thisAct the term "schedule" includes the detailed estimates of expenditure attached.
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12 ThisAct may be cited as the Appropriation Act, 2014.
Due Process Certification
Act NO.14,2007
Information on internally generated revenue
Security and Exchange Commission
Information on extra budgetary and foreign assistance
Interpretation
Citation
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SCHEDULE Sections 1 (2) and 2
2014 APPROPRIATION
PART A - STATUTORY TRANSFERS =N=
HEAD STATUTORY TRANSFERS NATIONAL JUDICIAL COUNCIL NIGER-DELTA DEVELOPMENT COMMISSION NIGER-DELTA DEVELOPMENT COMMISSION (ARREARS FOR Q4 2012)
UNIVERSAL BASIC EDUCATION NATIONAL ASSEMBLY PUBLIC COMPLAINTS COMMISSION
INEC NATIONAL HUMAN RIGHT COMMISSION NDDC ARREARS OF SHARE OF EXCESSCRUDE DISTRIBUTEDIN 2009
TOTAL - STATUTORY TRANSFERS
73,000,000,000 49,030,000,000
12,910,000,000 70,470,000,000 150,000,000,000
6,927,801,891 45,000,000,000 1,350,000,000
o 408,687,801,891
SCHEDULE PART B - DEBT SERVICE
HEAD DEBT SERVICE DOMESTIC DEBTS FOREIGN DEBTS TOTAL - DEBT SERVICE
663,610,000,000 48,390,000,000
712,000,000,000
SCHEDULE
PART C - RECURRENT(NON-DEBT) EXPENDITURE
HEAD MINISTRY jDEPARMENTj AGENCY PRESIDENCY OFFICE OF THESECRETARYTO THEGOVERNMENT OF THE FEDERATION YOUTH DEVELOPMENT POLICE AFFAIRS POLICE FORMATION AND COMMANDS WOMEN AFFAIRS AGRICULTURE & RURAL DEVELOPMENT WATER RESOURCES AUDITOR-GENERAL FOR THEFEDERATION INDEPENDENT CORRUPT PRACTICES AND OTHER RELATED OFFENCES COMMISSION
DEFENCE/MOD/ ARMY / AIR FORCE/NAVY EDUCATION FEDERAL CAPITAL TERRITORYADMINISTRATION FOREIGN AFFAIRS FINANCE tLEAL1tL TRADE AND INVESTMENT INFORMATION COMMUNICATION TECHNOLOGY INTERIOR OFFICE OF THEHEAD OF SERVICE OF THE FEDERATION JUSTICE LABOUR AND PRODUCTIVITY POWER SCIENCE AND TECHNOLOGY TRANSPORT
2014 APPROPRIATION
=N=
27,016,720,7 60
49,200,983,088 75,957,608,331 4,479,751,900
295,561,812,085 1,538,263,550
31,493,503,356 7,707,230,646 3,195,286,304
4,542,989,874 314,347,339,871 373,532,095,037
o 46,595,7 45,004 13,719,299,274
21A,946.652,273 12,625,993,782 22,437,143,384 10,626,932,493
145,021,228,363 7,426,843,501
24,494,780,899
8,569,176,624 3,397,810,244
23,921,029,868 8,193,406,260
PETROLEUMRESOURCES WORKS LANDS & HOUSING MINES & STEELDEVELOPMENT AVIATION NATIONAL SALARIES, INCOMES & WAGES COMMISSION ENVIRONMENT TOURISM, CULTURE& NATIONAL ORIENTATION NATIONAL PLANNING COMMISSION NATIONAL SPORTSCOMMISSION OFFICE OF THENATIONAL SECURITYADVISER NIGER-DELTA SPECIAL DUTIES SPECIAL DUTIESAND INTERGOVERNMENTAL AFFAIRS FISCAL RESPONSIBILITYCOMMISSION INFRASTRUCTURALCONCESSION REGULATORY COMMISSION SUB-TOTAL: EXECUTIVE
SCHEDULE
PART C - RECURRENT (NON-DEBT) EXPENDITURE CONT'D.
HEAD MINISTRY jDEPARMENTj AGENCY FEDERALEXECUTIVE BODIES NATIONAL POPULATION COMMISSION CODE OF CONDUCT BUREAU CODE OF CONDUCT TRIBUNAL REVENUE-MOBILISATION ALLOCATION & FISCAl COMMISSION
FEDERALCIVIL SERVICE COMMISSION POLICE SERVICE COMMISSION FEDERALCHARACTER COMMISSION SUB-TOTAL: FEDERAL EXECUTIVE BODIES
SERVICE-WIDE VOTES AND PENSIONS EXPENDITURE ITEMS PENSIONS AND GRATUITIES TOTAL ALLOCATION:
55,706,1 74,457 27,405,355,931 5,624,655,406 10,579,956,791 6,150,858,752 716,809,025
14,138,963,475 17,720,095,306 6,169,131,820 6,076,107,773
66,625,072,907 2,289,614,937 104,591,265 575,656,604 541,226,521
862,270,565 1,951,836,168,306 i
2014 APPROPRIATION
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5,291,205,798 1,856,158,560 460,229,424
1,959,705,303 1,239,087,404
782,623, 151 2,173,429,715
13,762,439,355
187,450,253,201
OFFICE OF THEHEAD OF THECIVIL SERVICE (CIVILIAN PENSION) 21,711,170,000
220101 02 PENSIONS 18,95L 170,000 220101 01 GRATUITIES 2,300,000,000 220101 PENSION RUNNING COST INCLUDING VERIFICATION 05 EXERCISE IN 2013 210,000,000 220101 06 REINBURSEMENT TO STATES 250,000,000
MILITARY PENSIONS AND GRATUITIES(DMP) 77,003,461,518 220101 02 PENSIONS 70,673,939,944 220101 07 2013 RETIREES 2,656,915,035 220101 03 DEATH BENEFITS 2,656,915,035 220101 05 ADMIN. CHARGES 265,691,504 220101 05 PENSION RUNNING COST 600,000,000 220101 08 YEARLY VERIFICATION EXERCISE 150,000,000
POLICE PENSIONS AND GRATUITIES 9,469,269,077 220101 02 PENSIONS 9,225,893,057 220101 PENSION RUNNING COST/BIOMETRIC DATA CAPTURE 05 AND VERIFICATION EXERCISESFOR THE YEAR 243,376,020
CUSTOMS, IMMIGRATION AND PRISONSPENSION OFFICE 9,296,800,000 220101 02 PENSIONS 9,256,800,000 220101 05 PENSION RUNNING COST 40,000,000
UNIVERSITIES'PENSIONS INCLUDING ARREARS 17,290,000,000 220101 02 PENSIONS 17,290,000,000
PARASTATALS'PENSION AND RAILWAY PENSIONS 35,434,750,307 220101 02 PENSIONS 35,434,750,307
PRE-1996 NIGERIA RAILWAY CORPORATION PENSION 2,297,298,262 220101 04 PENSIONS 2,257,298,262
220101 05 PENSION RUNNING COST 40,000,000
DEPARTMENT OF STATE SECURITY 10,238,357,471 220101 02 PENSIONS (INCLUDING ARREARS) 10,238,357,471
NIGERIA INTELLIGENCE AGENCY 4,709,146,566 210201 01 PENSIONS/DEPENDANTS BENEFITS 4,709,146,566
SERVICE WIDE VOTES TOTAL ALLOCATION: 301,838,705,839
220101 02 ARREARSOF PAYG PENSION 3,000,000,000 220101 02 INCREASESIN PENSION RATES(PARASTATALS) 2,500,000,000 220210 35 IPPIS 500,000,000 210201 PAYMENT OF OUTSTANDING DEATH BENEFITTO CIVIL 01 SERVANTS 500,000,000
210202 PAYMENT INTO THEREDEMPTION FUND (5% OF TOTAL 04 PERSONNELCOST) 30,582,553,824 220101 03 ARREARSOF POLICE DEATH BENEFITS(2004 - 2010) 3,750,000,000 210202 03 GROUP LIFEINSURANCE FOR ALL MDAs 11,000,000,000 210202 06 NHIS (MILITARY RETIREES) 3,544,110,811 2]0202 ADMINISTRATION AND MONITORING OF (OHCSF) 05 GROUP LIFE 36,000,000
PUBLICSERVICE WAGE ADJUSTMENT FOR MDAs 210101 (INCLUDING ARREARS OF PROMOTION AND SALARY 01 INCREASES) 33,638,028,591 220206 05 OPERATIONS - INTERNAL FOR THEARMED FORCES 24,107,616,635
220402 CONTRIBUTION TO INTERNATIONAL ORGANISATIONS 03 INCLUDING WAEC INTERNATIONAL 6,000,000,000
220402 ASSESSEDCONTRIBUTION TO AFRICAN UNION AND 03 OTHERS 5,650,000,000 220402 04 EXTERNALFINANCIAL OBLIGATIONS 13,000,000,000 220210 37 MARGIN FOR INCREASES IN COSTS 5,000,000,000
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220210 I 41 CONTINGENCY 24,000,000,000 I220210 , 19 MUSLIM/CHRISTIAN PILGRIMAGES 1,800,000,000 I1 220210 I 20 GENERAL ELECTION LOGISTICS SUPPORT 30,000,000,000 220210 42 RECURRENTADJUSTMENT 3,049,600,000 210202 EMPLOYEESCOMPENSATION ACT - EMPLOYEES' 07 COMPENSATION FUND 5,500,000,000 210201 ENTITLEMENTSOF FORMER PRESIDENTS/HEADSOF STATE 03 AND VICE-PRESIDENTS/CHIEFS OF GENERAL STAFF 2,300,000,000 220209 02 INSURANCE OF SENSITIVEASSETS/CORPERS 2,500,000,000
210201 BENEFITSOF RETIREDHEADS OF THECIVIL SERVICE OF THE 05 FEDERATION AND FEDERAL PERMANENT SECRETARIES. 2,599,702, 192
220201 PAYMENT TO NIGERIAN ARMY QUICK RESPONSEGROUP 07 INCLUDING ARREARS 12,000,000,000 220210 36 PAYMENT FOR OUTSOURCED SERVICES 5,000,000,000 220210 43 NATIONAL DIALOGUE 7,000,000,000
PRESIDENTIALAMNESTY PROGRAMME: 63,281,093,786 210201 PRESIDENTIALAMNESTY PROGRAMME: STIPENDSAND 01 ALLOWANCES OF 30,000 NIGER DELTA EX-MILITANTS 23,625,000,000 220210 PRESIDENTIALAMNESTY PROGRAMME: OPERATIONAL 40 COST 3,699,933,814 22021D PRESIDENTIALAMNESJY PROGRAMME:.REINIfGRATlON 38 OF TRANSFORMED EX-MILITANTS 35,409,859,972
PRESIDENTIALAMNESTY PROGRAMME: 220210 REINSERTION/TRANSITION SAFETYALLOWANCES FOR 39 3,642 EX-MILITANTS (3RD PHASE) 546,300,000
REINSERTION/TRANSITION SAFETYALLOWANCE FOR 20,192 TRANSFORMED EX-MILITANTS (2010 ARREARS) ADDITIONAL ALLOCATION FOR 6,166 EX-MILITANTS
TOTAL CRF CHARGES
TOTAL RECURRENT(NON-DEBT) SCHEDULE
PART D - CAPITAL EXPENDITURE
HEAD MINISTRY/DEPARMENT/ AGENCY PRESIDENCY
OFFICE OF THESECRETARY TO THEGOVERNMENT OF THE FEDERATION (SGF) YOUTH DEVELOPMENT
POLICE AFFAIRS
POLICE FORMATION AND COMMANDS
WOMEN AFFAIRS
AGRICULTURE & RURAL DEVELOPMENT
WATER RESOURCES
AUDITOR-GENERAL FOR THE FEDERATION
INDEPENDENT CORRUPT PRACTICES AND OTHER RELATEDOFFENCES COMMISSION DEFENCE/MOD/ ARMY / AIR FORCE/NAVY
EDUCATION
FEDERAL CAPITAL TERRITORYADMINISTRATION
FOREIGN AFFAIRS
FINANCE
HEALTH
TRADE AND INVESTMENT
INFORMATION
2,454,887,566,702 2014
APPROPRIATION =N=
COMMUNICATION TECHNOLOGY 4,065,032,066
6,949,311,467
4,139,125,454
1,073,500,135
1,801,548,597
59,814,290,389
13,014J88,701
31,808,108,913
6,221,948,219
106,321,203,055
15,756J21,003
2,176,868,615
26,157,892,040
173,438,793
8,974,898,681
4,113,941,052
2,018,068,871
1,764,028,442
51,100,000,000
49,403J04,194
53,212,473
200,405,367
INTERIOR
OFFICE OF THEHEAD OF SERVICE OF THE FEDERATION
JUSTICE
LABOUR AND PRODUCTIVITY
POWER
SCIENCE AND TECHNOLOGY
TRANSPORT
PETROLEUM RESOURCES
WORKS
LANDS & HOUSING
MINES & STEELDEVELOPMENT
AVIATION
NATIONAL SALARIES, INCOMES & WAGES COMMISSION
ENVIRONMENT
TOURISM, CULTURE & NATIONAL ORIENTATION
NATIONAL PLANNING COMMISSION
NATIONAL SPORTSCOMMISSION
OFFICE OF THENATIONAL SECURITYADVISER
NIGER-DELTA
SPECIAL DUTIES
SPECIAL DUTIESAND INTERGOVERNMENTAL AFFAIRS
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FISCAL RESPONSIBILITYCOMMISSION I 53,835,005 I,
INFRASTRUCTURALCONCESSION REGULATORY ICOMMISSION 47,878,526 II SUB-TOTAL: EXECUTIVE 720,033,619,687
SCHEDULE 2014 APPROPRIATION
PART 0 - CAPITAL EXPENDITURE CONTrD. =N=
HEAD MINISTRY /DEPARMENT/ AGENCY FEDERAL EXECUTIVE BODIES NATIONAL POPULATION COMMISSION
1,203,588,087 CODE OF CONDUCT BUREAU
1,006,147,091 CODE OF CONDUCT TRIBUNAL
252,440,642 REVENUEMOBILISATION ALLOCATION & FISCAL COMMISSION 1,100,722,408 FEDERAL CIVIL SERVICE COMMISSION
254,136,819 POLICE SERVICE COMMISSION
1,013,220,850 FEDERAL CHARACTER COMMISSION
311, 143,466 SUB-TOTAL: FEDERALEXECUTIVE BODIES 5,141,399,363
CAPITAL SUPPLEMENTATION TOTAL ALLOCATION: 394,439,612,357
230501 12 ADJUSTMENT TO CAPITAL COST 4,500,000,000 230501 14 NATIONAL JOB CREATION SCHEME 8,000,000,000 230501 15 QUICK WINS - COMPLETION OF 2008 &2009 PROJECTS 1,000,000,000
230501 MILLENIUM DEVELOPMENT GOALS MONITORING AND 16 EVALUATION 3,240,000,000 230501 17 CONSULTANCY, SURVEYAND SHORT TERM STUDIES 600,000,000
230501 COMMUNICATION AND ADVOCACY (MDG) REPORTING 18 2011 MDG 610,000,000
230501 19 SPECIAL INTERVENTION 0 230501 22 NELMCO 14,000,000,000 230501 23 BULKTRADER 14,000,000,000 230501 26 SINKING FUND FOR INFRASTRUCTURALDEVELOPMENT 27,000,000,000
SPECIAL INITIATIVEFOR WOMEN PARTICIPATION IN 230501 AGRICULTURE, WATER, SPORT,COMMUNICATION 28 TECHNOLOGY 3,000,000,000 230501 31 GIFMIS CAPITAL 1,000,000,000 230501 32 IPPISCAPITAL 1,000,000,000
2011 ELECTION VIOLENCE AND CIVIL DISTURBANCES 230501 (DAMAGE DONE TO PUBLIC PROPERTIESAND PLACES OF 33 WORSHIPS) 1,000,000,000 230501 37 NEW NIGERIA NEWSPAPERSLIABILITY 424,612,357 230501 38 SPORTSDEVELOPMENT 5,000,000,000 230501 39 MDG SPECIAL PROJECTS 3,300,000,000 230501 40 SPECIAL INTERVENTION MDG's 1 17,155,000,000 230501 41 SPECIAL INTERVENTION MDG's 2 5,300,000,000
230501 CAPITAL DEVELOPMENT OF NATIONAL INSTITUTEFOR 42 LEGISLATIVESTUDIES 5,000,000,000 230501 43 HOSTING OF WORLD ECONOMIC FORUM (WEF) 4,000,000,000
230501 NATIONAL PLANNING COMMISSION (INFRASTRUCTURE 44 MASTER PLAN) 1,200,000,000 230501 45 HOUSING MORTGAGE INSTITUTIONS 2,000,000,000 230501 46 REFUND TO RICE LEVY (NIGCOMSAT) 1,360,000,000 230501 47 SPECIAL INTERVENTION/CONSTITUENCY PROJECTS 100,000,000,000 230501 48 REFUND TO SPECIAL ACCOUNT 9,000,000,000
230501 FEDERAL INITIATIVE FOR NORTH EAST(PILOT 49 COUNTERPART FUNDING CONTRIBUTION) 2,000,000,000
230501 COUNTERPART FUNDING INCLUDING GLOBAL 50 FUND/HEALTH 4,800,000,000 230501 51 MULTI YEAR TARIFFORDER 10,000,000,000
230501 CONDITIONAL GRANTS AND SOCILA SAFETY NETS 52 (MDGS) 67,730,000,000
SUPPORTTO UNDP MILLENIUM CAMPAIGN PROGRAMME 230501 NIGERIA IN AFRICA/AFRICAN PARLIMENTARIAN 53 PROGRAMME 360,000,000 230501 54 PAYMENT OF LOCAL CONTRACTORS' DEBTS 10,000,000,000 230501 55 GALAXY BACKBONE 4,360,000,000 230510 56 BANK OF INDUSTRY 1,500,000,000 230510 57 BANK OF AGRICULTURE 1,000,000,000 230510 58 PAYMENT FOR MATURING DOMESTIC BONDS 25,000,000,000
NATIONAL ASSEMBLY CLINIC 1,000,000,000 230501 41 SPECIAL INTERVENTION (MINISTRYOF SPECIAL DUTIES) 18,000,000,000 230510 59 DEVELOPMENT FINANCE INSTITUTION(DFI) 16,000,000,000
TOTAL - CAPITAL SUPPLEMENTATION 394,439,612,357
TOTAL CAPITAL EXPENDITURE 1,119,614,631,407
AGGREGATE EXPENDITURE 4,695,190,000,000
SCHEDULE PART E - SUBSIDY RE-INVESTMENT
SUBSIDY RE-INVESTMENTAND EMPOWERMENT 268,370,000,000PROGRAMME (SURE-P)
TOTAL SURE-P 268,370,000,000
· I CERTIFY, IN ACCORDANCE WITH SECTION 2 (1) OF THE ACTS AUTHENTICATION ACT, CAP. A2, LAWS OF THE FEDERATION OF NIGERIA 2004, THAT THIS IS A TRUE COPY OF THE BILL PASSED BY BOTH HOUSES OF THE NATIONAL ASSEMBLY.
~~ SALISU ABUBAKAR MAIKASUW A, OON, mni
CLERK Jt3THE NATIONAL ASSEMBLY ~AY OF APRIL, 2014
SHORT TITLE OF THE BILL
~Ln~.LJUL~ IV .ln~ L-\.rrn.Vrn.IL-\.IIV1~ D.lLL, "",UI't
SUMMARY OF THE CONTENTS OF THE
BILL
DATE PASSED BY THE SENATE
DATE PASSED BY THE HOUSE OF REPRESENTATIVES
LONG TITLE OF THE ! BILL
APPROPRIATION BILL,2014
9th April, 2014 10th April, 2014This Bill authorises the issue from the Consolidated Revenue Fund of the Federation the total sum of =N=4,695,190,OOO,OOO (four trillion, six hundred and ninety-five billion, one hundred and ninety million Naira) only, of which, =N=408,687,801,891 (four hundred and eight billion, six hundred and eighty-seven million, eight hundred and one thousand, eight hundred and ninety-one Naira) only is for Statutory Transfers, =N=712,OOO,OOO,OOO (seven hundred and twelve billion Naira) only is for Debt Service, =N=2,454,887,566,702 (two trillion, four hundred and fifty-four billion, eight hundred and eighty-seven million, five hundred and sixty-six thousand, seven hundred and two Naira) only is for Recurrent (Non-Debt) Expenditure, while the balance of =N=1,119,614,63~,407 (one trillion, one hundred and nineteen billion, six hundred and fourteen million, six hundred and thirty-one thousand, four hundred and seven Naira) only is for contribution to the Development Fund for Capital Expenditure for the year ending 31st December, 2014.
I certify that this Bill has been carefully compared by me with the decision reached by the National Assembly and found by me 1.0 be true and correct decision of the Houses and is in accordance with the provisions of the Acts Authentication Act Cap. A2, Laws ofthe Federation of Niger hi, 2004. 1it~
SALISU ABUBAKAR MAlKASUWA, OON, mni Cle~ to the National Assembly 'OtTDay of April, 2014
I ASSENT.
A Bill for an Act to authorise the issue from the Consolidated Revenue Fund of the Federation the total sum of =N=4,695,190,OOO,ooo (four trillion, six hundred and ninety-five billion, one hundred and ninety million Naira) only, of which, =N=408,687,801,891 (four hundred and eight billion, six hundred and eighty-seven million, eight hundred and one thousand, eight hundred and ninety-one Naira) only is for Statutory Transfers, =N=712,OOO,OOO,OOO(seven hundred an'd twelve billion Naira) only is for Debt Service, =N=2,454,887,566,702 (two trillion, four hundred and fifty-four billion, eight hundred and eighty- seven million, five hundred and sixty-six thousand, seven hundred and two Naira) only is for Recurrent (Non-Debt) Expenditure, while lthe balance of =N=1,119,614,631,407 (one trillion, one hundred and nineteen billion, six hundred and fourteen million, six hundred and thirty-one thousand, four hundred and seven Naira) only is. for contribution to the Development Fund for Capital Expenditure for the year ending 31st December; 2014.
DR. GOODLU K EBELE JONATHAN, GCFR Pre~ent of the Federal Republic of Nigeria ;l.tlfDay of~, 2014 :
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