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2017 budget: 115 Foreign Missions to gulp N48.899bn


President Muhammadu Buhari presenting the 2017 Budget before a joint session of the National Assembly on Wednesday, December 14, 2016.

The Ministry of Foreign Affairs has budgeted over N48. 899 billion on 115 foreign missions abroad in the 2017 budget.
Foreign Missions have suffered a huge set back in the past one year due to lack of financial support from the ministry.
Washington followed with an allocation of N1.05 billion; London received an allocation of N1.433 billion; Berlin, N743.880 million; and Madrid, N682. 286 million.
On the flip side, Nigeria Foreign Mission in Columbo, Sri Lanka, received the least allocation of N259.16 million, followed by the  Mission in Lome, with N252.6 million.
Others in this category are Freetown N260.61 million and Spain, with a total allocation of N267. 84 million.
The total allocation to the Ministry of Foreign Affairs  and its agencies is N66.664 billion, comprising  recurrent expenditure of N56.869 billion and capital expenditure of N9.795 billion.

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