2025: Counterpart funding swells women affairs ministry ’s budget to N78.5bn 

Nigeria constitution budget

The N6.5billion total budgetary allocation appropriated for the Federal Ministry of Women Affairs in 2024  has soared to N78.5billion in the 2025 budgetary proposal.  

The wide gap of N71billion between total budgetary allocation for the ministry in 2024 and the proposal made for 2025 fiscal year as explained by the Minister of Women Affairs,  Hajia Imaan Sulaiman – Ibrahim, arose from the N68 Billion counterpart funding provided for the World Bank project.

Hajia Sulaiman – Ibrahim who gave the explanation to members of the National Assembly Joint committee on Women Affairs  on Friday during the budget defence session for 2025 fiscal year , said N7.4billion is the sum earmarked for  core capital projects of the Ministry in 2025.

“Total budgetary allocation proposed for the ministry in 2025 is N78.5billion as against N6.5billion appropriated in 2024 fiscal year.

“The wide gap in the budgetary allocation arose from N68 Billion counterpart funding meant for world bank project  to be executed by the Ministry.

“The ministry aside the N68 Billion counterpart funding , has its own proposal of N7.4billion  for core capital projects in the fiscal year.

“N2.6billion  is proposed for personnel cost while N810 Million is proposed for overhead cost “, she said.

However, the minister   in her presentation on performance of the N6.5billion  2024 budget,  lamented that only 18% of N4.6billion capital votes , was released which is N869.8million but added that N1.3billion appropriated for personnel cost in 2024 and N 565.8 million appropriated for overhead costs , were got 100% implementation.

Being new in the ministry , the Senator Ireti Kingibe  and Hon Kafilat Ogbara led a joint committee , urged her to study the terrain thoroughly and correct any observed lapses.

They commended the ministry   for generating over 4 Million as internally generated revenue in 2024 , which according to them , has never happened before.