President Goodluck Jonathan and Vice President Namadi Sambo will spend over N4b on food and travels in 2015, according to the details of the budget proposal submitted to the National Assembly by Finance Minister Ngozi Okonjo-Iweala.
According to Daily Trust, the presidency has a total budgetary allocation of N26.6 billion (N12.9 billion for personnel, N11. 1 billion for overhead and N2.5 billion capital development fund) next year, subject to upward or downward review by the lawmakers.
Specifically, the President will spend N1.9 billion on travels and transport, while others under the President’s office will spend N1.3 billion on local travels and transport, and another N621,067,913 on international travels and transport.
Vice President Namadi Sambo will spend a total on N42.4million on travels and transport, while others under his office will spend N19.6 million for local travels and transport and N10.7 million for international travel and transport. Another N12 million will be spent on Local travel and transport (training).
President Jonathan will also spend N517.8 million on miscellaneous, N456 million on honorarium and sitting allowance and N60.8 million on publicity and advertisements; while Sambo will spend N117 million on miscellaneous, N15 million on honorarium and sitting allowance, as well as N35 million on publicity and advertisements.
According to the proposal obtained by Daily Trust in Abuja, both the president and his vice have been allocated a combined sum of N1.2 billion to be spent on food stuffs and kitchen items.
A sum of N310 million will be spent on drugs and other medical and laboratory equipment.
Other expenses include the sum of N13.5 million on the feeding of wild life at the State House zoo. The presidential air fleet has a total budget allocation of N5.3 billion with only N36.1 million as salaries while the remaining sums will be spent on overheads and capital expenditure.
The office of the National Security Adviser (NSA) was allocated the sum of N84.1 billion out of which N20 billion is for capital expenditure, N64.1 billion for recurrent. Of the N64.1 billion only a party sum of N268.4 million is for salaries.
According to the NSA’s budget details, N1.3 billion is to be spent on security services, N15 million on fueling of generators, N20.8 million on food, and N11.1 million on local travel.
The Federal Government due to the drop in prices of oil, proposed a budget of N4.3trillion. Capital expenditure was cut to N633.53 billion as against N1.552 trillion in 2014, but recurrent expenditure was raised to N2.616 trillion as against N2.468 trillion in 2014
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I have been reporting on latest news from Nigeria for almost 10 years now. I report on every possible news area I come across, but always ensure my reports are compiled with dignity and fact to uphold my personal values and duty as a journalist
Posted: at 24-12-2014 06:50 AM (10 years ago) | Addicted Hero
shannon034 at 24-12-2014 07:14 AM (10 years ago) (f)
How much did Ibrahim Badamoshi Babangida and General Sani Aabacha spent during their regime and now another General is warming up to come in to take over....God forbid
Posted: at 24-12-2014 07:14 AM (10 years ago) | Upcoming
Reignest at 24-12-2014 08:45 AM (10 years ago) (m)
Na jonthan enemy dey calculate this yeye... Aboki buhari go do worse. Buhari will islamize 9ja and also bring sharia law. Poor buhari will use 10billion for food only....
Posted: at 24-12-2014 08:45 AM (10 years ago) | Upcoming
Writing is my passion and facts-proofing is my hobby, I have been writing at Gistmania for close to a decade now and It is one of the most exciting things I do. Outside writing, I love enjoying time with my loved ones - if you have any tip for me, please do get in touch
Posted: at 24-12-2014 11:47 AM (10 years ago) | Gistmaniac
LISTOyVERDAD at 24-12-2014 09:00 PM (10 years ago) (m)
Foolish! Useless V.I.P( Vagabond In Power). May God punish them. Security no dey! No job for graduates! The country is full with hungers and some nonsense people just are mockering us.But it is good. Because if you are ruling goats, why will you not drink their blood? Every nation merits his ruler.
Posted: at 24-12-2014 09:00 PM (10 years ago) | Newbie
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