Presidency Budgets ₦6.9bn For Armored Sedans And SUVs, First Lady Office Gets ₦1.5bn For Cars

Supplementary Budget : Presidency to spend ₦6.9bn on armored sedans and SUVs, First Lady office to get ₦1.5bn cars. FG plans to spend ₦2.9 billion on SUVs, another ₦2.9 billion for new vehicles to replace the aging Presidential fleet. Proposed expenditure part of ₦2.17T Supplementary Budget expected to fund urgent issues, including national defense and […]

Car Talk, Autos Nov 1, 2023 0 76 Add to Reading List

Presidency Budgets ₦6.9bn For Armored Sedans And SUVs, First Lady Office Gets ₦1.5bn For Cars

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Presidency Budgets ₦6.9bn For Armored Sedans And SUVs, First Lady Office Gets ₦1.5bn For Cars - autojosh

Supplementary Budget : Presidency to spend ₦6.9bn on armored sedans and SUVs, First Lady office to get ₦1.5bn cars.

FG plans to spend ₦2.9 billion on SUVs, another ₦2.9 billion for new vehicles to replace the aging Presidential fleet.

Proposed expenditure part of ₦2.17T Supplementary Budget expected to fund urgent issues, including national defense and security.

Cars in the Presidential fleet currently includes Maybach S-Classes and Lexus LX 600s, which Tinubu inherited from the last administration.

Presidency Budgets ₦6.9bn For Armored Sedans And SUVs, First Lady Office Gets ₦1.5bn For Cars - autojosh

Nigerian President, Bola Ahmed Tinubu, on Monday sent a ₦2.17 trillion Supplementary Budget to the National Assembly for approval. The budget is expected to fund urgent issues, including national defense and security.

One of the highlights of the budget includes a proposed ₦6.9 billion for the procurement of brand new vehicles for the State House, while the Office of the First Lady got ₦1.5 billion for new vehicles.

See Also : ‘Roads Are Bad’, ‘A Minister Uses 3 Land Cruisers’, Senate Defends Purchase Of ₦160m SUV

Tinubu Visits Oba Akiolu : Lagosians Go Gaga As The Presidential Convoy Rolls Into Lagos Island - autojosh

According to reports, the Federal Government plans to spend ₦2.9 billion on Sport Utility Vehicles (SUVs) and another ₦2.9 billion for the procurement of brand new vehicles to replace the aging Presidential fleet.

Cars in the Presidential fleet currently includes armored Mercedes-Maybach S-Class ultra-luxury sedans as well as armored Toyota Land Cruiser 300 Series and Lexus LX 600 SUV, which President Tinubu inherited from the last administration.

Presidency Budgets ₦6.9bn For Armored Sedans And SUVs, First Lady Office Gets ₦1.5bn For Cars - autojosh

If the Presidency decides to go for the latest versions of the current Presidential fleet, it may spend up to ₦300 Million on each of the armored Lexus LX 600 SUVs. Depending on the trim and armoring, a brand new bulletproof Mercedes-Maybach S-Class sedan can cost up to ₦600 Million.

This proposed expenditure comes amid nation-wide on the decision of the National Assembly and House of Representatives to procure N100 billion worth of sports utility vehicles (SUVs).