FG raises NALDA allocation to N25bn

The National Agricultural Land Development Authority, an agency of the Federal Government, has received a significant boost in the 2026 Appropriation Bill, with a total allocation of N25bn, up from N7.43bn in 2025.

In 2025, NALDA’s allocation was entirely for capital expenditure, primarily for land acquisition, land clearing, and the purchase of agricultural equipment, aimed at increasing food production across the country. There were no separate recurrent costs in the 2025 budget.

The 2026 budget, however, shows a more detailed and expansive approach. Recurrent expenditure totals N1.04bn, covering personnel costs of N274.75m and overheads of N763.26m.

Under personnel costs, salaries and wages are pegged at N198.97m, while allowances and social contributions total N75.78m, including N44.88m for regular allowances, N9.39m for NHIS, N18.79m for the employer’s contributory pension, and N2.72m for the Employees’ Compensation Scheme.

Overhead costs cover a wide range of administrative expenses. Travel and transport take N241.81m, utilities are budgeted at N20.2m, while materials and supplies cost N47.25m.

Maintenance services account for N56.5m, covering vehicles, office furniture, buildings, IT equipment, and generators. Training expenses total N70m, split between local training at N30m and international training at N40m.