Nigeria 2012 Budget :

The Nigeria 2012 Fiscal year budget breakdown is as follows:

Capital Expenditure: N1.32 Trillion

Recurrent (non debt) Expenditure: N2.472 Trillion

Statutory Transfer: N398 Billion

Debt servicing: N560 Billion

Total = N4,749bn (N4.749trn)

Other Sectors

Security: N921.91 Billion (Roughly US$5.7bn on defense or security. The biggest sector in the Nigeria 2012 Budget)

Education: N400.15 Billion

Health: N282.77 Billion

Works: N180.8 Billion

Power: N161.42 Billion

Agriculture: N78.98 Billion

Niger Delta: N59.7 Billion

Petroleum Resources: N59.66 Billion

Transportation: N54.8 Billion

Aviation: N49.23 Billion

FCT : N45.59 Billion

Water Resources: N39 Billion

Science and Tech: N30.84 Billion

Land and Housing: N24.9 Billion

Communication and ICT: N18.31 Billion

TOTAL FOR OTHER SECTORS = N2,438.9bn

UNALLOCATED ITEMS = N2,310.1bn A rounding figure to match up to the total budget.

TOTAL BUDGET = N4,749bn