Connect with us

Hi, what are you looking for?

News

Buhari to Repair Aso Rock Buildings With N4.5 Billion

President Muhammadu Buhari has a plan to spend N4.5 billion to repair State House buildings inside the Aso Rock Presidential Villa in 2020.

The Federal Government intends to spend a total of N58,446,014,724 in the presidency during the year, according to details of the Appropriation Bill he presented to the National Assembly on Tuesday.

A close look at the document showed that of the amount, rehabilitation and repairs of State House office buildings alone will gulp N4.451 billion.

Rehabilitation and repair of residential buildings will cost N69,693,262, while a curious sub-head noted that rehabilitation and repairs of “housing” will take N10,575,702.

Chefs in the Presidential Villa will also in 2020 prepare food for the first family and their guests with cooking gas worth N18.5 million.

Fuel for generator has a vote of N45,678,552; refreshment and meals will cost N135,668,651, and welfare packages N240,730,180.

The president will also spend N91.6 million to purchase bullet-proof tyres for the many bullet-proof vehicles and plain vehicles in the fleet.

Further scrutiny of the document revealed that the Ministry of Finance, Budget and National Planning will spend 43.6 per cent of the N9.4 trillion Federal Government’s main budget for the year.

The ministry will spend N4.1 trillion or 43.6 per cent of the MDAs vote made up of N748,602,309,977 for personnel; N3,063,398,998,775 for overhead; N3,812,001,308,752 for recurrent and N362,791,562,425 for capital expenditure.

The Debt Management Office (DMO) got an allocation of N2.749 trillion while N1.4 trillion was allocated to Service Wide Votes.

_____

Follow us on Twitter at @thesignalng

Copyright 2019 SIGNAL. Permission to use portions of this article is granted provided appropriate credits are given to www.signalng.com and other relevant source.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement

Related

News

Nigerians are still bearing the effects of the policies of ex-President Muhammadu Buhari, Adams Oshiomhole, senator representing Edo North Senatorial District, has said. Some...

News

Muhammadu Buhari, has said that he deliberately refused to release his West African Senior School Certificate (WASC) in 2015 when he took over power...

News

Femi Adesina, former spokesman to former President Muhammadu Buhari has revealed that the president’s plane nearly crashed with him and his aides in November...

News

Former President Muhammadu Buhari has said that he was happy when incumbent President Bola Tinubu jetted up the petrol pump price on May 29,...

Copyright ©