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News Updated: October 09, 2022

N11.9 Billion To Be Spent By President Buhari, VP Osinbajo On Foreign Trips, Food

By Sydney Elike
October 09, 2022
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President Muhammadu Buhari and Vice President Yemi Osinbajo will spend N11.92 billion on local and foreign trips and the presidential air fleet.

The aforementioned amount also includes N1.58 billion set aside for aircraft maintenance and N1.60 billion allocated for the overhaul of the Gulfstream GV and CL605 aircraft engines.

On the other hand, members of the National Assembly will get N100 billion for constituency projects, which according to the Independent Corrupt Practices and Other Related Offences Commission, have been characterised by corruption.

On Friday, President Buhari presented a budget proposal of N20.51 trillion for the 2023 fiscal year to a joint session of the National Assembly.

The budget is about N750 billion higher than the N19.76 trillion earlier proposed in the 2023-2025 Medium Term Expenditure Framework and Fiscal Strategy Paper.

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The government will spend N250 million on aircraft fuelling, the purchase of air navigational and defence equipment will take N1.50 billion, and N650 million will be for a new mobile helicopter landing pad.

 

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Sydney Elike

Sydney is a graduate of Theatre Arts, a writer, a movie buff, an avid reader, a video game enthusias...

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