Abuja - President Muhammadu Buhari and Vice President Yemi Osinbajo will spend over N2.2 billion on food and travels in 2016, according to details of the budget proposal submitted to the National Assembly, reports Punch.
The presidency has a total budgetary allocation of N18.1 billion in 2016 to run the State House, Nigeria’s seat of power.
The figure is N11.5 billion more than what Buhari’s predecessor, Goodluck Jonathan, spent in 2015.
Also read: Government to spend N4.1bn on cars
Specifically, President Buhari will spend N1.415bn on travels and transport.
This amount, when compared to the N944.62m that Jonathan got in 2015, was N470.38m or 49.7 percent higher.
In the details of the projected expenditure, the president’s office is also expected to spend a total sum of N114.9m on foodstuffs and catering materials,
Buhari will also spend N307.64 million on honorarium and sitting allowance and N49.1m million on publicity and advertisements.
Vice President Yemi Osinbajo will spend a total on N48m on travels and transport.
Osinbanjo’s office will also gulp N13.3m and N13.9m for international travels and transport (trainings) and international travels and transport (others) respectively.
Osinbanjo will spend N16.6m on foodstuffs and catering, N7.5m on refreshment and meals; N8.8m on honorarium and sitting allowance and N23.08m on publicity and advertisement
The budgets are subject to the approval of the National Assembly.
Read more at Punch.
- News 24