The house of representatives has approved N633.4 billion (N633,393,283,000) as the 2022 budget for the Nigerian Commission Commission (NCC).
The budget was passed by the lower legislative chamber on Wednesday after Akeem Adeyemi, chairman of the committee on appropriation, presented a report.
While presenting his report, Adeyemi noted that the NCC “generates a lot of money” for the country, and the budget should be passed.
The breakdown of the budget showed the sum of N86,242,952 is earmarked for recurrent expenditure, including establishment costs, staff costs, personnel management cost travel costs, operational costs and administration costs.
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The capital projects listed in the budgets are internal projects, school support programmes, digital bridge institutes and consultancies estimated at 30,336,144.
The budget also made a provision for N42,445,864 special projects, which are for emergency communications centres, digital parks, subscribers database management, R&D in emerging trends in telecoms, broadband infrastructure development projects and GSM networks QoS compliance monitoring.
The lower legislative chamber also approved the sum of N8,824,847,408 for the Universal Service Provision Fund for 2022.
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