Just In: N28b for state house, N12.5b for air fleet, N5.8b on SUVs, N1.5b for first lady's vehicles... - Details of Tinubu's N2.17t budget emerges
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Just In: N28b for state house, N12.5b for air fleet, N5.8b on SUVs, N1.5b for first lady's vehicles... - Details of Tinubu's N2.17t budget emerges

Oct. 31, 2023

Just In: N28b for state house, N12.5b for air fleet, N5.8b on SUVs, N1.5b for first lady's vehicles... - Details of Tinubu's N2.17t budget emerges

Admin By Adewale Adewale
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Details of President Bola Ahmed Tinunu's N2.17t supplementary budget sent to the National Assembly have emerged, with the Federal Government planning to spend huge amounts on vehicles, air fleet and repair of residential quarters.

According to the budget details confirmed from multiple sources, the government is proposing to spend N28billion on the State House, part of which is N4 billion for the renovation of the residential quarter of the president.

The vice president residential quarters also has N2.5 billion budgeted for its renovation.

The government is also planning to spend N2.9 billion on Sport Utility Vehicles (SUV) for the Presidential Villa, and another N2.9 billion to replace operational vehicles for the presidency.

Tinubu has also decided to spend N1.5 billion on vehicles for the Office of the First Lady, an office that is not recognised by the country’s constitution.

The government also planned to spend N12.5 billion on the Presidential Air Fleet.

The presidential fleet includes Boeing Business Jet (Boeing 737-800 or NAF 001), one Gulfstream 550, one Gulfstream V (Gulfstream 500), two Falcons 7X, one Hawker Sidley 4000, two AgustaWestland AW 139 helicopters and two AgustaWestland AW 101 helicopters.

Some weeks ago, Seyi Tinubu, the son of the president, came under fire for using one of the presidential jets for private use.

He was flown to Kano in a presidential jet to watch the finals of this year’s edition of the Kano International Polo Tournament.

The aamounts are contained in the supplementary budget sent to the National Assembly for approval.

President Bola Tinubu had on Tuesday asked the National Assembly to approve the N2.17 trillion supplementary budget.

The budget was approved by the Federal Executive Council (FEC) at its meeting on Monday.

President Tinubu and some of his aides and other government official have repeatedly pleaded with Nigerians to be patient with the administration.

The approval of the supplementary budget might be the fastest in history, following the lawmakers over N75b on procuring luxurious “official vehicles” for themselves.

The budget has already scaled the second reading at the House of Representatives.

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