Business
2018 BUDGET: Buhari, Osinbajo to spend N1bn on travels, N83m for tyres, N67m for internet
According to details of the proposed 2018 budget released by the Budget Office of the Federation, President Muhammadu Buhari and Vice-President Yemi Osinbajo plan to spend N1.001 billion on travels in 2018.
The amount breaks down to N751.3 million for international travels, and N250.02 million for local travels.
The budget also shows that another N907 million would be spent on a phased acquisition of new vehicles and spare parts in the presidential fleet during the year.
N83. 77 million is also listed to be spent on tyres for bullet proof vehicles, plain Toyota cars, close circuit vehicles, platform trucks, Land Cruiser and Prado jeeps, Hilux, Peugeot 607, ambulances and other utility and operational vehicles for the Presidency.
Vice President Yemi Osinbajo will spend about N301.04 million on general travel — detailed as N217.06 million for international travel and N83.97 million for local travel.
Read also: Heritage bank fears it will collapse if it remits NPA’s $21.3m with it, MD tells Reps
The budget sets aside N986.91 million for “miscellaneous” expenses in the State House, while general utility services will gulp N476.87 million. Electricity charge is N274.79 million and N67.11 million is for internet.
Other major spending for the president’s office are N4.86 billion for “annual routine maintenance of mechanical/electrical installations” and N1.03 billion for the State House Medical Centre.
Outstanding liabilities on routine maintenance and other services will receive N565.65 million.
Overall, the State House which comprises the president and vice president’s offices, and state house administration, will spend N11.545 billion.
All the proposed spendings are subject to National Assembly approval.
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Abeni Adebisi
November 17, 2017 at 9:41 am
2019 is almost here and APC will need money to fund the elections, why wont the president and his vice who have access to private jets spend N1bn on travels? Things in this country will never change under this administration, we’ll keep going back and forth
Animashaun Ayodeji
November 17, 2017 at 9:48 am
Even money for tyres are too much, except the tyres will manage and pump themselves. Most of these presidential cars are not used, they just park them somewhere and nobody to use them. We like to waste money in this country.
Animashaun Ayodeji
November 17, 2017 at 9:46 am
This is perhaps the most ridiculous news i’d be reading about Nigerian Government today! N67m for internet, is Buhari trying to tell us him and his vice spend over N150k daily on internet when the most expensive unlimited internet plan in Nigeria today is less than N30K?! What are they surfing online? Is the internet giving them direct communication line with God? This is unacceptable!
Anita Kingsley
November 17, 2017 at 10:04 am
Even Buhari that was claiming saint in 2015 has joined the league of politicians who embezzle money to fund election, apparently he’s not better than others, he’s just the same with them
yanju omotodun
November 17, 2017 at 1:23 pm
What electricity charge for God’s sake, are they to pay Nepa bills?
manager
November 17, 2017 at 2:15 pm
Although the money is smaller than Jonathan traveling allowance but we still expect buhari to reduce some of this expenses and use the money for the benefit of the suffering Nigerian masses
seyi jelili
November 18, 2017 at 5:02 am
That’s true but all same, it is a must for him to travel and see to our affairs globally
JOHNSON PETER
November 18, 2017 at 4:56 am
My question is that : are they traveling to Jupiter or how? This traveling expenses is outrageous
Balarabe musa
November 18, 2017 at 5:16 am
We have to give kudos to this government, they are cutting costs unlike the former government