HomePoliticsFG Plans Nearly N1tn Spending on SUVs, Empowerment Despite Rising Debt

FG Plans Nearly N1tn Spending on SUVs, Empowerment Despite Rising Debt

The Federal Government has earmarked N962.83bn for the procurement of Sport Utility Vehicles (SUVs) and empowerment projects in the 2026 Appropriation Act despite growing concerns over the country’s rising debt profile and increased borrowing plans.

The allocation includes N15.13bn for the purchase of 39 SUVs and N947.70bn for 2,579 empowerment projects.

In an analysis of the 2026 budget by civic technology organisation Tracka, the amount allocated for the SUVs and empowerment initiatives is higher than the combined N960.27bn budgeted for seven key federal ministries. According to the organisation, the Federal Ministry of Industry, Trade and Investment received N156.8bn, Housing and Urban Development N145.3bn, Women Affairs N169.39bn, Justice N150.7bn, Livestock Development N177.6bn, Aviation and Aerospace Development N87.3bn, while Petroleum Resources was allocated N73.1bn.

The organisation also raised concerns over what it described as poor transparency in the implementation of the empowerment projects. It revealed that only 70 out of the 2,579

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