2022 federal estimates for works and housing

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The allocation and management of public resources is a good indicator of the maturity and prudence of any fiscal system.

This allocation is reflected in budgets which start as executive proposals and end up being approved by the legislature before it is returned for the assent of the chief executive who is either the president or the governor at the federal and state levels respectively. However, the allocation and management of public resources are not done in a vacuum. It is a process based on the needs of the people and the experiences and learning that have emerged from previous budgeting cycles.

Nigeria has a total road network of 193,00 kilometres, comprising 34,123 km federal roads, 30,500 km state roads and 129,577 km local government roads. The Nigerian road network is characterised by inadequate routine and emergency maintenance coupled with poor initial construction and design. The inadequate maintenance and neglect of roads imply a loss of network value of N300bn per year and additional operating costs of not less than N100bn per year.

 

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