National Assembly Scrutinizes 2024 budget, beams light on President, VIPs Expenditure 

Date:

Reading time: 1 Minute

 

The 2024 Appropriation Bill is under scrutiny at the National Assembly, revealing a comprehensive breakdown of proposed expenditures for President Bola Tinubu, Vice President Kashim Shettima, and their respective aides at the Nigerian Presidential Villa.

Report has it that the budget proposal earmarks a staggering sum of N15.961 billion for international and domestic travel if approved.
President Tinubu’s travel expenses stand out, totaling N7.630 billion, with a significant portion allocated for foreign trips amounting to N6.992 billion, while N638.535 million is designated for domestic travel.

Vice President Shettima’s proposed travel budget amounts to N1.847 billion, comprising N1.229 billion for foreign trips and N618.399 million for local travel. A substantial N6.484 billion is also allocated for Villa Headquarters’ international and local travels.

Within the overall budget, the Villa Headquarters receives a significant allocation of N40.616 billion. This includes provisions for routine maintenance of mechanical and electrical installations amounting to N9 billion and N4.5 billion allocated for Julius Berger liabilities related to maintenance from 2022/2023.

Further allocations encompass infrastructure development, with N3 billion dedicated to constructing offices for Special Advisers and Senior Special Advisers and an additional N3 billion set aside for the acquisition, renovation, rehabilitation, and furnishing of the State House Annex.

Tropic Reporters
Tropic Reportershttps://tropicreporters.com
Tropic Reporters is an online news platform based in Nigeria that focuses on promoting journalism from the citizens' perspectives to enhance access to credible information and clarification on basic issues and topics affecting the growth and development of our communities and other parts of Africa and the world in general. For advertisment tropicreporters@gmail.com WhatsApp/Telegram: 07066518087

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Federal Government Dismisses Coup Scare Report

  On Tuesday, the Federal Government categorically refuted a news...

Traders Vow to Stabilize Food Prices During Ramadan

  The Arewa Traders Association of Nigeria (ATAN) has committed...

Breaking: NLC suspends nationwide protest, extends ultimatum to FG

  The Nigeria Labour Congress (NLC) has suspended its nationwide...

Hardship: Cross River workers, TUC members boycott NLC protest

  Members of Trade Union Congress, TUC, as well as...