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Tag: 2022 Budget

  • Buhari Accuses National Assembly of Inserting N887bn into 2022 budget

    Buhari Accuses National Assembly of Inserting N887bn into 2022 budget

    President Muhammadu Buhari yesterday criticised the National Assembly for removing crucial projects from the 2022 budget estimates sent to it by the executive and inserting the lawmakers’ projects to the tune of N887 billion in the fiscal document before it was signed into law.

    He also accused the federal lawmakers of making unnecessary incursion into the operational areas of the executive.

    This was just as the president has asked the National Assembly to amend the 2022 Appropriation Act passed by the National Assembly in December, 2021.

    The requests were contained in a letter dated February 10, 2022, and read during plenary by the Senate President, Ahmad Lawan.

    Buhari in the letter, he also said it was imperative to remove all capital projects that were replicated in the 2022 Appropriation Act.

    He lamented that 139 out of the 254 projects in the budget totaling N13.24 billion had been identified for deletion.

    The president, therefore, requested the National Assembly to amend the Appropriation Act to provide for capital expenditure in the sum of N106,161,499,052 billion; and N43,870,592,044 billion for recurrent expenditure.

    He also requested that an additional provision for N2.557 trillion be appropriated by the National Assembly to fund the petrol subsidy in the 2022 budget framework which was revised to provide fully for PMS subsidy.

    Buhari stressed the need to reinstate four capital projects totaling N1.4 billion in the executive proposal for the Federal Ministry of Water Resources.

    He said N22 billion should be cut from the provision for the Sinking Fund to retire mature loans needed to meet government’s obligations under already Issued Bonds.

    Buhari said: “You will agree with me that the inclusion of National Assembly’s expenditures in the Executive Budget negates the principles of separation of Powers and financial autonomy of the Legislature.

    “It is therefore necessary to transfer the National Assembly’s expenditures totaling N16.59 billion in the Service Wide Vote to National Assembly Statutory Transfer provision (see Schedule l).

    “It is also imperative to reinstate the N22 billion cut from the provision for Sinking Fund to Retire Mature Loans to ensure that government can meet its obligations under already issued bonds as and when they mature.

    “The cuts made from provisions for the recurrent spending of Nigeria’s Foreign Missions, which are already constrained, are capable of causing serious embarrassment to the country as they mostly relate to office and residential rentals.

    “Similarly, the reductions in provisions for allowances payable to personnel of the Nigerian Navy and Police Formations and Commands could create serious issues for government. It is therefore imperative that these provisions be restored as proposed

    “It is also absolutely necessary to remove all capital projects that are replicated in the 2022 Appropriation Act. 139 out of the 254 such projects totaling N13.24 billion have been identified to be deleted from the budget.”

    He added: “Some significant and non-mandate projects were introduced in the budgets of the Ministry of Transportation, Office of the Secretary to the Government of the Federation and Office of the Head of Civil Service of the Federation

    “There are several other projects that have been included by the National Assembly in the budgets of agencies that are outside their mandate areas.

    “The Ministry of Finance, Budget and National Planning has been directed to work with your relevant Committees to comprehensively identify and realign all such misplaced projects.

    “It is also necessary to restore the titles / descriptions of 32 projects in the Appropriation Act to the titles contained in the Executive Proposal for the Ministry of Water Resources (see Schedule IV) in furtherance of our efforts to complete and put to use critical agenda projects.

    The president also sought the approval of the federal parliament for a fresh request of N150 billion.

    “It is equally important to reinstate the N25.81 billion cut from the provision for the Power Sector Reform Programme in order to meet the Federal Government’s commitment under the financing plan agreed with the World Bank.

    “Furthermore, there is critical and urgent need to restore the N3 billion cut from the provision made for payment of mostly long outstanding Local Contractors’ Debts and Other Liabilities as part of our strategy to reflate the economy and spur growth.”

    The president said the N2.557 trillion fresh requests was to enable the federal government to subsidise petrol from June to December this year.

    He said: “Following the suspension of the petrol subsidy removal, the 2022 Budget Framework has been revised to fully provide for PMS subsidy.

    “An additional provision of N2.557 trillion will be required to fund the petrol subsidy in 2022. Consequently, the Federation account (Main Pool) revenue for the three tiers of government is projected to decline by N2 trillion while FGN’s share from the account is projected to reduce by N1.05 trillion.

    “Therefore, the amount available to fund the federal budget is projected to decline by N969.09 billion.”

  • 2022 Budget: Taraba allocates N6 billion for secondary education

    2022 Budget: Taraba allocates N6 billion for secondary education

    By Danzumi Ishaku, Jalingo

    The Taraba Government has allocated over N6 billion for post primary schools management education in the state.

    The Taraban state Commissioner for Budget and Planning Mr. Solomon Elisha made this know on Monday at the 2022 budget breakdown by the ministry in Jalingo.

    Elisha said that the amount comprised of both personnel and operational cost of the board.

    He further stated that the Taraba state government was in the process of recruiting new teachers for the post primary education in the state.

    He said that the Money was budgeted to address the challenges of inadequate teachers in the secondary education as well as the challenge of monitoring and evaluation.

    The commissioner further explained that the board had many teachers posted to all secondary schools across the state, therefore, required a huge allocation.

    He tagged the budget as ‘peoples budget’ due to how the government arrived at the entire budgeting process.

    Elisha said that the ministry adopted the consultative strategy in which town hall meetings were held in the three senatorial zones in the state to identify the people’s demands.

    Daybreak News reports that the total recurrent expenditure in the physical year stood at N78,072,587,679.90 while the total capital expenditure stood at N71,712,308,716.92 totaling N149,784,896,396.82.

  • 2022 Budget Won’t Fail Because APC Leads National Assembly – Buhari

    2022 Budget Won’t Fail Because APC Leads National Assembly – Buhari

    President Muhammadu Buhari has said that he is certain the 2022 budget will accomplish the purpose for which it was created.

    Speaking exclusively to Channels Television on Wednesday, the president said he is confident that the budget will succeed because the National Assembly is led by trusted members of the All Progressives Congress (APC).

    When asked if he is afraid that the budget might not be able to achieve its purpose, the president replied, “No! Not at all”.

    He said, “My confidence that we can successfully implement the budget is because, in both houses, the party is leading.

    “It’s APC party and the leadership; look at the Senate President, he was in the House of Reps for two or three terms before he went to the Senate.

    “Look at Femi Gbajabiamila, I was watching on the television, when he was an ordinary member, he was always on his seat fighting for the party and the system we believe in.

    “Really, I consider myself lucky. My party and their competent leadership are both leading in the Senate and House of Representatives.

    “That’s why you don’t hear much about me, I allow them to do all the things because I can’t go against my party and I can’t go against people I have absolute confidence in. I know they are doing their best,” President Buhari added.

    He further asserted that the objections earlier raised before he assented to the budget will not cause a rift between the Executive and Legislative arms of government.

    “The legislature is amazing,” the president said.

    Following President Buhari’s assent to the 2022 budget, there were reports of friction between the presidency and the parliament.

    The president had expressed strong reservations on the “worrisome changes” made by the National Assembly to the 2022 Executive Budget proposal.

    He frowned at many changes that the National Assembly made to the 2022 Executive Budget proposal, including “Increase in projected FGN Independent Revenue by N400 billion, the justification for which is yet to be provided to the Executive; Reduction in the provision for Sinking Fund to Retire Maturing Bonds by N22 billion without any explanation; Reduction of the provisions for the Non-Regular Allowances of the Nigerian Police Force and the Nigerian Navy by N15 billion and N5 billion respectively”.

    With all the irregularities encountered, the president still signed the budget, and the presidency has since said that though disagreements were encountered with the insertions, the president and the parliament have not fallen out.

  • Buhari Was Hypocritical In Assenting To The 2022 Budget – Wike

    Buhari Was Hypocritical In Assenting To The 2022 Budget – Wike

    Governor Nyesom Wike of Rivers State says President Muhammadu Buhari played the hypocrite in signing the tampered 2022 budget passed by the National Assembly while declining assent to the 2021 Electoral Act Amendment Bill.

    According to Governor Wike, the hasty assent to the 2022 budget suggests that the president is insensitive to the needs of the masses.

    The governor made these assertions when he paid a New Year’s visit to the Enugu State Governor, Hon. Ifeanyi Ugwuanyi in his home town, Orba in Udenu Local Government Area of Enugu State.

    “Look at Mr. President; the other day while he was signing the budget, he said the budget is unimplementable; but he went on and signed what is unimplementable.

    “A budget that will determine the state of the economy, the progress of this nation, and the president knew this thing can’t work, and he signed it.

    “Then, the Electoral Act, he said he will not sign it because direct primaries are too expensive.

    “What concerns me with party primaries? What concerns poor people with party primaries? The one that concerns poor man, businessman, how to grow the economy, you signed it, knowing too well that it will not work,” Wike declared.

    While adding that the All Progressives Congress-led Federal Government has failed Nigeria, Wike urged the people of Enugu to join forces with other well-meaning Nigerians to save the nation from misrule.

    “You must join the rest of Nigerians. Nigeria is dying. Will you be here to see Nigeria die? Is it the kind of Nigeria that people like Nnamdi Azikiwe fought for?

    “A Nigeria that when you wake up, what you will hear is 20 people have died, 42 people have been kidnapped, 100 people have been abducted. Everyday death, death,” Wike questioned rhetorically.

    He urged the people of Enugu to speak out against the ‘poor governance’ which the country is experiencing.

  • Maximizing the 110billion Nasarawa State 2022 Budget

    Maximizing the 110billion Nasarawa State 2022 Budget

    By Adefolarin A. Olamilekan

    Budget and budgeting processes remains a tangibles elements in the 22 years retuned to democratic rule in Nigeria.
    The essence of yearly budget ritual and it aftermath is well dissected at the various levels of government in Nigeria.
    Although state governments budget is characterized with some elements of reservation that economists, financial and development experts find its as a challenge of inconsistency.
    Interestingly, in Nasarawa state since the inception of Engr AA Sule administration in 1999.He has demonstrated a new thinking and transparent ways on state budget management in Nigeria.
    Critically, the state government commitment to its blueprint document Nasarawa State Economic Development Strategy (NEDS) speak expressly to what the 2022 budget holds in sectoral allocations importance for the overall development of the state.
    A look at the total breakdowns of N110billions showed that the sum of N73,868,482,458.05 was approved for recurrent expenditure, while N40,418,965,066.01 was earmarked as capital expenditure.
    Governor Abdullahi Sule signed the N110 billion 2022 budget into with great expectation. Even as the role of the State House of Assembly in ensuring a timely passage of budget point to.
    The the roboost executive-legislative synergy and partnership in the state is commendable. As this as point to the goals of state government achieving the collective responsibility to provide leadership and execute policies and programmes for the progress and development of the state.
    One key factor this piece would draw out is ensuring full implementation of the budget beyond what was obtained in the 2021 budget.
    Regrettably, it achieved less expectation though the challenge of funding played it down
    significantly.
    What need to be done.
    On the 2022 budget, we trust the AA Sule administration is not relying on the FAAC funding alone.
    The state Internally Generated Revenue (IGR) as being a driven forces why the state government is all out to woe investors to the state.
    Meanwhile, the Internally Generated Revenue (IGR) drive is still an upper most task that Ministries, Departments and Agencies (MDAs) in the state must equally devote top priorities to.
    For us we see this as the core value and better way to understanding the mode the state Government objectively fulfil it policies and programmes trust to indigenes and residents.
    The state House of Assembly members oversight functions is the leeway in our estimation in getting the budget translated into tangible development indices.
    The task of developing Nasarawa state is a collectives responsibility.
    The role of maximizing the state budget to it full implementation is tied to financial fidelity.

  • Full Text: Buhari’s Remarks After Signing 2022 Budget Into Law

    Full Text: Buhari’s Remarks After Signing 2022 Budget Into Law

    Speech by President Muhammadu Buhari at the signing into law of the 2022 Appropriation Bill and the 2021 Finance Bill on Friday at the Presidential Villa in Abuja.

    PROTOCOLS

    I am delighted to sign into law today the 2022 Appropriation Bill as well as the enabling 2021 Finance Bill.

    2. I would like to thank the Senate President, the Speaker of the House of Representatives, and indeed all the Distinguished and Honourable Leaders and Members of the National Assembly for the expeditious consideration and passage of these Bills.

    3. I also appreciate the continuing cooperation and commitment of the Ninth National Assembly to the restoration of a predictable January to December fiscal year, as provided for in the Constitution of the Federal Republic of Nigeria.

    4. The Finance Bill 2021 is particularly critical for the successful implementation of the 2022 Budget. Its passage further underscores our firm commitment to regularly support federal Appropriation Bills with Finance Bills designed to facilitate their implementation.

    5. I equally appreciate the continued mutual understanding, collaboration, and productive engagements between officials of the Executive and the Legislative arms of government which have made this expeditious consideration as well as the passage of the Bills possible.

    6. We must continue to sustain this partnership in the interest of our people in order to ensure the effective implementation of the budget and realization of its laudable objectives.

    \7. As you will recall, I laid the 2022 Appropriation Bill before the Joint Session of the National Assembly on 7th October 2021 and forwarded the 2021 Finance Bill thereafter. This Administration remains committed to the early presentation of the annual appropriation bill to the National Assembly to ensure its passage before the beginning of the fiscal year.

    8. As the 2023 Budget is going to be a transition budget, work will start in earnest to ensure early submission of the 2023-2025 Medium-Term Expenditure Framework and Fiscal Strategy Paper as well as the 2023 Appropriation Bill to the National Assembly.

    9. Heads of Ministries, Departments and Agencies (MDAs) are to cooperate with the Ministry of Finance, Budget, and National Planning, more specifically with the Budget Office of the Federation, to realize this very important objective.

    10. The 2022 Budget that I just signed into law provides for aggregate expenditures of N17.127 trillion, an increase of N735.85 billion over the initial Executive Proposal for a total expenditure of N16.391 trillion. N186.53 billion of the increase however came from additional critical expenditures that I had authorized the Minister of Finance, Budget, and National Planning to forward to the National Assembly. The Minister will provide the public with the details of the budget as passed by the National Assembly, and signed into law by me.

    11. As I mentioned during the presentation of the 2022 Appropriation Bill, the fiscal year 2022 is very crucial in our efforts to complete and put to use critical agenda projects, as well as improve the general living conditions of our people.

    12. It is in this regard that I must express my reservations about many of the changes that the National Assembly has made to the 2022 Executive Budget proposal.

    13. Some of the worrisome changes are as follows:

    Increase in projected FGN Independent Revenue by N400 billion, the justification for which is yet to be provided to the Executive;

    Reduction in the provision for Sinking Fund to Retire Maturing Bonds by N22 billion without any explanation;

    Reduction of the provisions for the Non-Regular Allowances of the Nigerian Police Force and the Nigerian Navy by N15 billion and N5 billion respectively. This is particularly worrisome because personnel cost provisions are based on agencies’ nominal roll and approved salaries/allowances;

    Furthermore, an increase of N21.72 billion in the Overhead budgets of some MDAs, while the sum of N1.96 billion was cut from the provision for some MDAs without apparent justification;

    Increase in the provision for Capital spending (excluding Capital share in Statutory Transfer) by a net amount of N575.63 billion, from N4.89 trillion to N5.47 trillion. Nevertheless, provisions for some critical projects were reduced.

    These include:

    Reduction of N12.6 billion in the Ministry of Transport’s budget for the ongoing Rail Modernisation projects,

    Reduction of N25.8 billion from Power Sector Reform Programme under the Ministry of Finance, Budget and National Planning, and Reduction of N14.5 billion from several projects of the Ministry of Agriculture, and introducing over 1,500 new projects into the budgets of this Ministry and its agencies.

    Inclusion of new provisions totalling N36.59 billion for National Assembly’s projects in the Service Wide Vote which negates the principles of separation of Powers and financial autonomy of the Legislative arm of government.

    The changes to the original Executive proposal are in the form of new insertions, outright removals, reductions and/or increases in the amounts allocated to projects.

    Provisions made for as many as 10,733 projects were reduced while 6,576 new projects were introduced into the budget by the National Assembly.

    Reduction in the provisions for many strategic capital projects to introduce ‘Empowerment’ projects. The cuts in the provisions for several of these projects by the National Assembly may render the projects unimplementable or set back their completion, especially some of this Administration’s strategic capital projects.

    Most of the projects inserted relate to matters that are basically the responsibilities of State and Local Governments and do not appear to have been properly conceptualized, designed, and cost.

    Many more projects have been added to the budgets of some MDAs with no consideration for the institutional capacity to execute the additional projects and/or for the incremental recurrent expenditure that may be required.

    14. It is surprising that despite the National Assembly increasing projected revenue by N609.27 billion, the additional Executive request of N186.53 billion for critical expenditure items could not be accommodated without increasing the deficit, while the sum of N550.59 billion from the projected incremental revenues was allocated at the discretion of National Assembly.

    15. I signed the 2022 Appropriation Bill into law to enable its implementation to commence on 1st January 2022. However, I will revert to the National Assembly with a request for amendment and/or virement as soon as the Assembly resumes to ensure that critical ongoing projects that are cardinal to this administration, and those nearing completion, do not suffer a setback due to reduced funding.

    16. Despite the lingering adverse effects of COVID-19 on budget implementation, I am happy with the success recorded in the implementation of the 2021 Budget. The sum of N3.94 trillion that was provided for the implementation of capital projects by MDAs during the fiscal year has been released fully.

    17. To enable MDAs to complete the implementation of their 2021 capital projects and optimize the impact of the capital budget on the economy, they have been allowed to continue to expend the funds released for their 2021 capital budgets till 31st March 2022. I deeply appreciate the understanding and speedy action of the National Assembly on this matter.

    18. As the 2022 Budget will be the last full-year budget to be implemented by our Administration, its effective implementation is very critical for delivering our legacy projects, promoting social inclusion, and strengthening the resilience of the economy.

    19. The Ministry of Finance, Budget and National Planning will implement all measures required to ensure timely and targeted release of capital votes. All Ministries, Departments and Agencies are to effect early commencement of project implementation, while ensuring productive use of funds provided for achievement of the objectives set for their sectors.

    20. Considering the incidence of new COVID-19 variants globally, we will ensure timely implementation of measures provided for in the 2022 Budget to contain the spread of the virus and protect our people. We continue to count on the collaboration of the State governments in our effort to protect the lives and livelihood of our people.

    21. To achieve the laudable objectives of the 2022 Budget, we will further intensify our revenue mobilization efforts. I am optimistic about our ability to finance the budget considering the positive global oil market outlook and the continuing improvement in our non-oil revenues.

    22. To achieve our revenue targets, revenue-generating agencies, and indeed all MDAs must ensure prompt and full remittance of collected revenues. Relevant Agencies must also ensure the realization of our crude oil production and export targets. I also appeal to our fellow citizens and the business community at large to fulfill their tax obligations promptly.

    23. However, being a deficit budget, the specific Borrowing Plan will be forwarded to the National Assembly shortly. I count on the cooperation of the National Assembly for a quick consideration and approval of the Plan when submitted. All borrowings will be judiciously utilized and invested in our future growth and prosperity.

    24. MDAs are to liaise with the Bureau of Public Enterprises and/or the Infrastructure Concession and Regulatory Commission to explore available opportunities for public-private partnerships, concessions as well as climate finance arrangements to fast-track the pace of our infrastructural development.

    25. I thank the Minister of Finance, Budget and National Planning, the Minister of State, Budget and National Planning, the Budget Office of the Federation, and all who worked tirelessly and sacrificed so much towards producing the 2022 Appropriation Act that I signed today.

    26. Let me conclude by commending the understanding, sacrifice, and resilience of our people during these challenging times. As a Government, we remain committed to improving the general living conditions of our people. We will continue to implement measures aimed at moderating the unintended negative effects of policies on the citizenry.

    27. I thank you most sincerely for your kind attention. May God continue to bless the Federal Republic of Nigeria.

  • BREAKING: Buhari signs 2022 budget into law

    BREAKING: Buhari signs 2022 budget into law

    President Muhammadu Buhari on Friday signed the 2022 appropriation bill.

    Buhari signed the bill into law at an event at the Presidential Villa, Abuja.

    The appropriation bill was presented to Buhari by his Senior Special Assistant (Senate) on National Assembly Matters, Senator Babajide Omoworare.

    Buhari was flanked by the President of the Senate, Ahmed Lawan; and the Speaker of the House of Representatives, Femi Gbajabiamila; while signing the bill into law.

    This is coming about seven days after the National Assembly passed the appropriation bill and transmitted it to the president.

    The two chambers increased the budget spending by N735.8 billion from the proposed N16.391tn to N17.126 trillion. They also raised the oil benchmark from $57 per barrel proposed by the executive to $62.

    The President signed the national budget on Friday at the Council Chamber of the Presidential Villa in Abuja, the Federal Capital Territory (FCT).

  • Gov Ugwuanyi signs N186bn 2022 Budget Into Law

    Gov Ugwuanyi signs N186bn 2022 Budget Into Law

    Governor of Enugu State, Ifeanyi Ugwuanyi, on Thursday, assented to the 2022 appropriation bill of N186,635,135,582.00 passed by the State House of Assembly on Wednesday, December 29, 2021.

    This was contained in a statement by the state government, which noted that 38 percent recurrent expenditure and 62 percent capital expenditure contained in the budget met international standards.

    The state Assembly speaker, Edward Ubosi, during the presentation of the appropriation bill to the governor, disclosed that the budget proposal was not contentious.

    The speaker said, “Looking at the Ministry of Works and Infrastructure which is about N36 billion, it shows that you (Ugwuanyi) are prepared to fulfill the campaign promises you made to the people of Enugu State.

    “Your Excellency, the budget was well packaged and we must commend you and members of your executive for that wonderful budget.’

    Assenting to the budget bill, Ugwuanyi appreciated the members of the State House of Assembly for their commitment and dedication to legislative duties as well as the development of Enugu State.

  • Gov. Bello signs Kogi State 2022 Budget into Law

    Gov. Bello signs Kogi State 2022 Budget into Law

    Gov. Yahaya Bello of Kogi on Wednesday in Lokoja signed the state’s 2022 N146 billion budget of Accelerated Results into law, assuring greater performance in the coming year.

    Speaking after signing the budget into law, Bello said that his administration had tried to reduce corruption to the barest minimum assuring of greater accountability.

    The governor assured that his administration would continue to guarantee zero corruption in Kogi.

    “Corruption will never lead us anywhere. We’d try our best to reduce it to the barest minimum, if not at zero level in Kogi.

    “I want to assure you that we will continue to be transparent in our governance and financial dealings. We will continue to show a high level of probity and accountability,’’ Bello said.

    The governor said that his administration would consolidate on economic, infrastructural and security development in the year 2022.

    “We will continue to improve on security because without security, there can’t be any meaningful economic development in the state.

    “As we all know, Kogi remains the best in terms of security.

    “My appreciation to all law enforcement agencies and the citizens of Kogi for always responding properly whenever there is any challenge.

    “Just like the year 2021 that is rounding up, we are the best in all ramifications by all world and local ratings; we don’t intend to fall to the second position in the year 2022,” Bello said.

    The governor also urged the Ministry of Finance to guide the administration to abide by all the provisions of the budget.

    He thanked the House of Assembly for giving prompt attention to all the requests of the government.

    Bello said it was evident that the three arms of government in the state had an excellent working relationship.

  • Kaduna Govt to spend N8.2bn on Primary Healthcare in 2022

    Kaduna Govt to spend N8.2bn on Primary Healthcare in 2022

    The Kaduna State Government is to spend N8.2 billion on primary healthcare in 2022.

    This is contained in the budget of N278.6 billion signed by Gov. Nasir El-Rufai on Dec. 22 and obtained by the NAN in Kaduna on Wednesday.

    The document showed that of the N8.2 billion allocated to the state Primary Health Care Development Board (PHCDB), N5.8 billion was earmarked for capital projects while N2.5 billion was for recurrent expenditure.

    It also showed that N4.3 billion was earmarked for the construction, renovation and upgrading of Primary Healthcare Centres (PHCs), 255 health clinics, reconstruction of PHCB Headquarters and consultancy services.

    Also, N233.6 million was allocated for the procurement of personal protective equipment for 1,154 health facilities for the prevention of COVID-19, while N25.5 million was earmarked for preventive maintenance of equipment in 255 PHCs

    A total of N954.3 million was earmarked as counterpart for various health projects, including Basic Healthcare Provision Fund.

    The document further showed that N100 million would be spent on the procurement of basic tools and consumables for Community Health Influencers, Promoters Service Agents (CHIPS) and mobile outreaches.

    The government also allocated N136.6 million for the provision of solar power for the second phase of 255 PHCs being upgraded.

    Similarly, N52.3 million would be spent on repairs and routine maintenance of solar systems in 34 PHCs across the state.

    NAN reports that the N5.8 billion allocated for the PHCDB for capital projects was less than the N8.9 billion allocated in 2021.