Presidency prioritises infrastructure in N87.31bn aviation budget

The Federal Government has proposed a total allocation of N87.31bn for the Ministry of Aviation and Aerospace Development and its agencies in the 2026 Appropriation Bill, with the bulk of the funding directed towards capital expenditure.

Details of the budget proposal show that N70.19bn, representing more than 80 per cent of the total allocation, is earmarked for capital projects. At the same time, N14.78bn is set aside for personnel costs and N2.34bn for overheads.

The document contained no provisions for retained independent revenue or aid and grant funding.

The Federal Ministry of Aviation and Aerospace Development received the highest allocation of N50.65bn, with N48.55bn for capital projects. Personnel and overhead costs were budgeted at N1.35bn and N745.74 million, respectively.