2024 Budget: President Tinubu and Vice President Shettima to spend mere N5.1 billion on foodstuff, refreshments, others

President Tinubu and his Vice, Shettima are to spend the sum of N5.128 billion on foodstuff, miscellanious, honourarium, refreshments and repair of fixed assets, as well as on acquisition of Computers software in 2024. The breakdown of the figure showed that President Tinubu would spend N254 million on  foodstuff, while his Vice, Shettima, would spend N348 million on foodstuff and catering […]

2024 Budget: President Tinubu and Vice President Shettima to spend mere N5.1 billion on foodstuff, refreshments, others

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President Tinubu and his Vice, Shettima are to spend the sum of N5.128 billion on foodstuff, miscellanious, honourarium, refreshments and repair of fixed assets, as well as on acquisition of Computers software in 2024.

The breakdown of the figure showed that President Tinubu would spend N254 million on  foodstuff, while his Vice, Shettima, would spend N348 million on foodstuff and catering materials supplies. The sum of N430million is budgeted for State House headquarters for the same purpose within the 2024 budget circle.

President Tinubu is expected to spend the sum of N219million on Miscellanious expenditure and in the same period, the Vice President would be spending N187million also on miscellanious items.

Similarly, the State House Headquarters would be spending the sum of 2,54bn on Miscellanious in the same period. Further breakdown of the figure shows that President Tinubu  would be spending N152.4million on honorarium and sitting allowance, whereas the Vice President would be spending N67million on the same item. For State House Headquarters, the sum of N365.8million is budgeted for Honorarium.

The sum of N650million has been proposed to be spent by President on repairs and rehabilitation of fixed assets, the sum of N103million is expected to be spent by the Vice President on acquisition of computer softwares. In the sane vein, the sum of 980million is esimated to be spent on computers and repairs of assents by the Villa Headquarters

Meanwhile, the Federal Government also budgeted N260.8m for electricity bill and N50m for internet access charges for the State House. The budget revealed that N372m was earmarked for Utilities, part of which are the electricity and internet access charges. Other utility expenses include telephone charges at N4.4m; water rates for N30 million and sewerage charges at N26 million.

The 2024 budget also revealed that N217m was meant for fuel and lubricants at the State House. Details show that N148m is earmarked for motor vehicle fuel cost, N37m for plant/generator fuel cost and N31m for cooking gas.

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