Uncategorized

Buhari To The Spend Highest Amount Ever On Presidential Villa Since Elected

Spread the love
2 mins read

President Muhammadu Buhari will spend N17.3 billion this year to run the State House, Nigeria’s seat of power, details of the assented 2021 budget have shown.

Nigeria’s economy may be in a recession and the country may not have enough money to fund its 2021 budget but this has not deterred the Muhammadu Buhari administration from allocating its highest amount ever to the State House including the ‘presidential wing’ of a hospital the president seldom uses.

About N3.4 billion of this approved expenditure will be spent on feeding and travel expenses for the offices of the president and the vice president. The former gets about N2.6 billion and the latter, about N873 million.

The N17.3 billion is the highest amount budgeted for running of the nation’s headquarters since Mr Buhari assumed office in 2015, comparison of the approved budget figures in those years show.

Last year, Nigeria’s administrative centre had N14.6 billion for its running. This was an increase from the N13.7 billion in 2019; N15.5 billion was allocated in 2018; in 2017, N13.6 billion was allocated; and N16.6 billion in 2016.

These allocations are higher than what was earmarked in the latter years of Mr Buhari’s predecessor, Goodluck Jonathan, who in 2014, approved N12.2 billion for the State House and N6.6 billion in 2015.

The 2021 allocation covers the State House Headquarters, the president’s office and the office of Vice President Yemi Osinbajo. It also covers the budgets of the State House medical centre, the offices of the chief of staff and chief security officer and the Lagos liaison office.

The breakdown of the allocation shows that the State House Headquarters and its medical centre will spend about N11.1 billion and N641.2 million on their activities respectively.

The president approved about N3.8 billion for his office, while N1.1 billion has been penned for the vice president’s office.

Admin

Share
Published by
Admin

Recent Posts

BREAKING: THE HATCHET PLAN OF THE ENUGU STATE APC TO TAKE OVER THE WARD POLITICAL STRUCTURE OF PDP AND USURP POWER IN 2027

It is a verifiable fact that the Honorable. Minister for Science and Technology, Chief. Engr.…

1 year ago

Outbreak: Phone accessories dealer commits suicide in Kogi

Two months after inferno ravaged the popularly GSM village in Lokoja, the Kogi State capital,…

1 year ago

Man shot dead in Anambra by policeman over N100

  A police operative attached to Otuocha Area Command, Anambra East Local Government Area of…

1 year ago

‘We can no longer feed’ – FCT residents cry out

Many residents of the Federal Capital Territory, FCT, say they are finding it difficult to…

1 year ago

Reps probe $2bn renewable energy grants, investment in Nigeria, invite stakeholders

Following an investigative hearing on the $2 billion renewable energy grants and investments in Nigeria,…

1 year ago

Court grants 76 #EndBadGovernance protesters N760m bail

Justice Obiora Egwuatu of the Federal High Court in Abuja has granted bail of N10…

1 year ago

This website uses cookies.