#2020 Budget: Buhari, Osinbajo To Spend N3.3bn On Foreign, Local Trips & N149m For Foodstuffs

Date: 11-10-2019 8:42 am (4 years ago) | Author: success Xenab
- at 11-10-2019 08:42 AM (4 years ago)
(m)

President Muhammadu Buhari and Vice-President Yemi Osinbajo will spend a total of N3.327bn on foreign and local trips in 2020.

The figure is contained in the details of the 2020 Appropriation Bill that Buhari presented to a joint session of the National Assembly on Tuesday.

The item was tagged Travel and Transport (General) under State House (President) and State House (Vice-President).

In the 2019 Budget, a total of N1.3bn was allocated for the foreign and local trips of the President and the Vice-President. While N1bn was allocated to the President, N301.03m was allocated to the Vice-President.

A breakdown of the N3.327bn allocated to travels for the two officials in 2020 shows that Buhari will spend N2.526bn on his trips while Osinbajo will spend N801m on his trips.

A further breakdown shows that Buhari’s foreign trips will gulp N1.751bn while N775.6m will be spent on his local trips for the year.

In the case of Osinbajo, his foreign trips will cost the nation N517m while his local trips will cost N283.97m.

The figures are outside the N182.25m allocated for travels and transport in the budget of the State House Headquarters.

Foodstuffs for President, Vice-President to gulp N149m

Also in the bill, a total of N149m was allocated for foodstuffs and catering material supplies for both Buhari and Osinbajo.

While the President is expected to spend N98.3m on the item, N50.88m was budgeted for Osinbajo.

Apart from the N149m foodstuffs and catering material supplies bill, the two government officials will also spend N43.916m on refreshment and meal.

The President will spend N25.652m on the item while the Vice-President will spend N18.264m on the same item.

This is apart from the N135.668m budgeted for the same refreshment and meal in the budget of the State House Headquarters. For honorarium and sitting allowance, both of them will spend N184.438m.

While N164.176m was allocated to the President, N20.262m was allocated to the Vice-President.

N478.313m was allocated to the same honorarium and sitting allowance in the budget of State House Headquarters.

Still under the budget of the State House headquarters, a whopping N4.062bn was allocated to what was tagged “annual routine maintenance of mechanical/electrical installations of the villa.” The project is said to be an ongoing one.

N526.234m was also allocated to what is called “phased replacement of vehicles, spares and tyres in the presidential, CVU security/police escort and State House operational fleets.” The project is also described as an ongoing project.

Apart from these, N389.64m was also budgeted for “outstanding liabilities on routine maintenance and other services for 2016.”

N91.681m will also be spent on “purchase of tyres for bulletproof vehicles, plain Toyota cars, CCU vehicles, platform trucks, Land Cruiser and Prado Jeeps, Hilux, Peugeot 607, ambulances and other utility and operational vehicles.”

N32.199m is budgeted for fuel and lubricants (general); N32.5m for wildlife conservation; and N45.4m for sewage charges.

Reps pass budget for second reading, adjourn to October 29

Meanwhile, the House of Representatives concluded the second reading of the 2020 Appropriation Bill on Thursday and adjourned plenary till October 29, 2019.

During the continuation of the debate on the key assumptions of the budget, many lawmakers criticised various aspects and allocations in the financial proposal.

A member from Lagos State, Babajide Obanikoro,  said the amount allocated to health was grossly inadequate, considering the over 180 million population of Nigeria

In his submission, Yusuf Gagdi, faulted  the borrowing and debt servicing plan.  He also stated that the total amount voted for education, about N160bn, was not comparable when considering other African countries.

“The capacity of any government is dependent on its own educational system. As the Giant of Africa, education budget should supersede others in Africa,” he said.

 The Speaker, Femi Gbajabiamila, who presided over the plenary, referred the bill to the standing committees, also known as Sub-Committees on Appropriations.

Addressing journalists after the plenary, Chairman of the House Committee on Media and Public Affairs, Mr Benjamin Kalu, noted that the lawmakers had been working on the budget as scheduled.

Kalu also noted that contrary to the public outcry that the National Assembly had become a rubber stamp of the Buhari-led Presidency, the lawmakers had freely criticised the budget, showing that they were not an appendage of the executive.

He said, “Today is Thursday and a lot has happened between Tuesday and today. I want to say that, just as we promised that we are going to support the executive in realising this goal of reversing the budget to a January-December calendar.   We mentioned that we drew a road map towards achieving that. In our timetable which we announced here on Tuesday ,  we said we would start debate on Wednesday on the general principles of the budget estimates, that actually took place.”

Lawmakers vow to revamp maritime, agric, insurance sectors

In another development, the House Committee on Agriculture in Abuja on Thursday,  said it was ready to assist the Federal Government in the diversification of the economy from petroleum to agriculture.

The Chairman of the House Committee on Agricultural Production and Services, Mohammed Dandutse, stated that the panel was critical to the development and progress of Nigeria, stressing that the lawmakers would develop a plan to achieve the goal.

“If you look at it, agriculture is the only substituted means that we can be realistic about to move this country forward, in terms of employment and industrialisation. If we can have a  plan as a committee, I think we can move this country forward.”

In another development, the House assured Nigerians and business community of its resolve towards addressing the various challenges facing the country’s maritime sector, including oil theft, piracy and oil bunkering.

The Chairman, House Committee on Navy, Shaaban Sharada,  gave the assurance on Thursday at the inaugural meeting of the committee.

Sharada said the lawmakers were working  towards “writing the names of members of the committee in the history of Nigeria by improving the security of the oil and maritime industries.”

He added, “If you look at how the Navy committee in the past had been discharging its work, we have a lot of things to do  to salvage this country from a lot of issues bedevilling it, ranging from the issue of oil theft, piracy and a lot of bunkering and other maritime security within our waterways.

“By the special grace of God, we will do our best to ensure that we add value to the people of Nigeria and the Nigerian government, as well as Nigeria’s financial institutions in such a way that will reduce such menace to the barest minimum.”

Meanwhile, the House said it would revamp the insurance sector to meet international standards.

Chairman of the House Committee on Insurance and  Actuarial Matters, Darlington Nwokocha, after a meeting with some stakeholders in the sector on Thursday, said the lawmakers were ready to boost Nigerians’ confidence in insurance-related matters.

Nwokocha said, “The essence is interactive. We want to make sure that all the ministries, agencies and stakeholders that are involved in insurance – the insured and the insurer – we interact with them and engage them. The bottom line is that we want to re-jig everything concerning insurance in Nigeria. We want to make sure that we put the proper orientation, because so many people do not understand what insurance is all about.

“So, we want to revolutionise insurance industry through the legislative arm. We have to make the necessary laws and to defend it as well. In that process, we will make sure that we spread the insurance awareness across the board. One major thing that we want to ensure is confidence in all aspects of insurance participation. We want to make sure that all claims, in all ramifications, will meet the global standards.”

Labour sets up team to study budget

Organised labour on Thursday said it had set up a team to study the 2020 budget presented by President Muhammadu Buhari to the National Assembly, saying that it was expecting the report of the committee tomorrow.

President of the Trade Union Congress, Quadri Olaleye, told one of our correspondents that a statement would be released on it after the report is submitted on Saturday.

He said, “We are not making a comment now because we have a team that is doing the analysis of the Federal Government budget which President Miuhammadu Buhari presented to the National Assembly. On Saturday, we will have the full report of the analysis, that is when we will make general comment on the budget.”

Meanwhile, Secretary of the Joint National Public Service Negotiating Council, Alade Lawal, said the Federal Government must show if the budget was workers’ friendly by accepting labour demands on the consequential adjustment arising from the new minimum wage of N30,000.

He said, “Let me be frank with you, budget is annual ritual. If the budget is workers’ friendly, let the Federal Government demonstrate it through the consequential adjustment that we have been negotiating with it as a result of the new minimum wage.”


Posted: at 11-10-2019 08:42 AM (4 years ago) | Hero
- scottchris at 11-10-2019 09:23 AM (4 years ago)
(m)
 Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked Shocked.......JesusWhat are they eating for Godsake

Posted: at 11-10-2019 09:23 AM (4 years ago) | Gistmaniac
Reply
- jahlovesme at 11-10-2019 09:24 AM (4 years ago)
(m)
Na That Food Go Kill You,
Posted: at 11-10-2019 09:24 AM (4 years ago) | Gistmaniac
Reply
- Cominion at 11-10-2019 09:35 AM (4 years ago)
(m)
Hahahahaha una never see anything that is the change hope u guys are enjoying it leaders that use 5 billions on naira  to drink ordinary tea
Posted: at 11-10-2019 09:35 AM (4 years ago) | Upcoming
Reply
- kima77same at 11-10-2019 07:16 PM (4 years ago)
(m)
THESE 4 YEARS 2ND TERM  OF BUHARI, IS BULALARI. THANKS TO NIGERIANS WHO VOTED HIM IN
Posted: at 11-10-2019 07:16 PM (4 years ago) | Gistmaniac
Reply
- Baye77 at 13-10-2019 06:26 AM (4 years ago)
Online (m)
Ok o..
Posted: at 13-10-2019 06:26 AM (4 years ago) | Hero
Reply

fire TRENDING GISTS fire

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