HomeBusinessFG earmarks nearly N1tn for SUVs, empowerment amid borrowing pressure

FG earmarks nearly N1tn for SUVs, empowerment amid borrowing pressure

The Federal Government has earmarked N962.83bn for the procurement of Sport Utility Vehicles and empowerment projects in the 2026 Appropriation Act, an amount that exceeds the combined allocations to seven key federal ministries, according to a review of the budget by civic technology organisation, Tracka.

In its analysis of the 2026 Federal Government budget, Tracka said the allocation comprised N15.13bn for the procurement of 39 SUVs and N947.70bn for 2,579 empowerment projects, bringing the total to N962.83bn.

The civic organisation noted that the amount surpassed the combined N960.27bn appropriated to the Federal Ministries of Industry, Trade and Investment; Housing and Urban Development; Women Affairs; Justice; Livestock Development; Aviation and Aerospace Development; and Petroleum Resources.

According to the group, the Ministry of Industry, Trade and Investment received N156.8bn in the 2026 budget, Housing N145.3bn, Women Affairs N169.39bn, Justice N150.7bn, Livestock Development N177.6bn, Aviation and Aerospace Development N87.3bn, while Petroleum Resources was

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