According to reports, the details are outlined in the 2025 Appropriation Bill released by the Ministry of Budget and Economic Planning.
On Wednesday, the president presented a ₦49.7 trillion budget proposal to a joint session of the National Assembly, titled: ‘Restoration Budget: Securing Peace and Building Prosperity.’
The proposed budget allocates ₦7.44 billion for President Tinubu’s travel and refreshments, while ₦1.9 billion has been earmarked for Vice President Shettima’s similar expenses.
In 2025, international travel for the president is expected to cost ₦6.14 billion, with local trips amounting to ₦873.9 million. Additionally, ₦431.6 million has been allocated for the president’s refreshments, meals, and catering supplies.
For the vice president, international travel costs are projected at ₦1.31 billion, while local travel will amount to ₦417.5 million. Refreshments, meals, and catering supplies for the vice president are budgeted at ₦186.02 million.
In the first quarter of 2024 alone, President Tinubu, Vice President Shettima, and First Lady Remi Tinubu incurred no less than ₦5.24 billion on both local and international travel, as revealed by an analysis conducted using GovSpend, a civic technology platform tracking government expenditures.
Budget for Presidency’s Vehicles, Fuel, Honorarium, and Office Construction
The Office of the President has also proposed a budget of ₦4.76 billion for vehicles, which includes ₦3.66 billion for acquiring operational vehicles for the State House and ₦1 billion for replacing Sport Utility Vehicles (SUVs). An additional ₦255.7 million is allocated for car purchases, with ₦127.8 million set aside for SUVs for both the president and vice president, and another ₦127.8 million for operational vehicles within the Presidential Conference Car Unit (CCU) fleet.
Furthermore, ₦5.94 billion has been proposed for honorarium, fuel, and the construction of an office complex for Special Advisers and Senior Special Assistants. This includes ₦2.12 billion for sitting allowances and honoraria, ₦1.99 billion for fuel, and ₦1.83 billion for constructing the office complex.
No comments:
Post a Comment