Investor Presentaiton

2018 Budget Key Initiatives Key initiatives remain the core focus of budget planning and resource allocation. • Strategic Investments to Fund Future Growth The 2018 Budget demonstrates the Government's strong commitment to investment in infrastructure development About #2.37 trillion (US$7.8 billion), to be invested in critical infrastructure projects Some of the allocations to Key Initiatives are: T Transportation Power Sector Bank of Industry and Bank of Agriculture Agricultural and Rural Development N162.3 billion is budgeted for funding railway projects, N8.3 billion for the construction of second runway at Abuja airport and #530.8 million for construction of the terminal building at Enugu airport It is intended that #14.2 billion will be invested in the Fast Power Programme Accelerated Gas and Solar Power Generation, #9.4 billion for construction of the 3,050MW Mambilla hydropower project and 9.7 billion for earmarked transmission lines and substations. #193.3 billion will be put towards the Power Sector Recovery Programme N15 billion is provisioned to development finance institutions to support Micro, Small and Medium, Scale Enterprises #4.2 billion has been budgeted for the Rural Roads and Water Sanitation programme, in addition to over #25.1 billion for the promotion and development of value chain across different commodities and N4.0.8 billion towards food and strategic reserves Crucial Social Investments Housing Healthcare Defence Education Sources: Budget Office of the Federation, Ministry of Budget and National Planning. 10 Reform Implementation and Key Initiatives #26.7 billion is provisioned for the National Housing Programme and #3.9 billion for a mass housing project in Abuja N8.9 billion is intended to be invested in the procurement of routine vaccines and devices in addition to #3.0 billion towards a Global Fund and GAVI counterpart funding and N1.2 billion towards the Polio Eradication Initiative. In addition, there is a provision of N55.15 billion for the Implementation of the National Health Act #4.4 billion will be invested in new military barracks in Abuja and five geopolitical zones and #5.3 billion will be used to procure ammunition, investing in improving security throughout the country N109 billion to the Universal Basic Education Commission and 9.2 billion in scholarship allowances

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