‎The National Agricultural Land Development Authority, an agency of the Federal Government, has received a 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, with no separate recurrent costs.
‎The 2026 budget, however, showed a more detailed and expansive approach with recurrent expenditure totaling 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,
‎Overhead costs cover a wide range of administrative expenses, with travel and transport taking N241.81m, utilities 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 while training expenses total N70m, split between local training at N30m and international training at N40m.
‎Capital expenditure dominates the 2026 budget at N23.97bn, reflecting the agency’s focus on project execution and asset development.
Edited by Favour Owonibi.