2018 Budget: See The Billions Buhari, Osinbajo Will Spend On Travels


Details of the proposed 2018 budget released by the Budget Office of the Federation shows that President Muhammadu Buhari plans to spend N1.001 billion on travels next year.

A breakdown of the proposed travel budget shows that the President intends to spend N751.3 million for international travels, and N250.02 million for local travels.

It also details that another N907 million would be spent on a phased acquisition of new vehicles and spare parts in the presidential fleet during the year.

More so, N83. 77 million will be spent on tyres for bullet proof vehicles, plain Toyota cars, close circuit vehicles, platform trucks, Land Cruiser and Prado jeeps, Hilux, Peugeot 607, ambulances and other utility and operational vehicles for the Presidency, Premium Times report.

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For Vice President Yemi Osinbajo, about N301.04 million is proposed to be spent on general travel — detailed as N217.06 million for international travel and N83.97 million for local travel.

The budget sets aside N986.91 million for “miscellaneous” expenses in the State House, while general utility services will gulp N476.87 million. Electricity charges will gulp N274.79 million; telephone charges will cost N24 million; while N67.11 million will be spent on internet charges.

The government will also spend N24 million to purchase sporting equipment for State House Sports Club, while N66 million was budgeted for water rates and sewage charges will gulp N45 million.

Other major spending for the president’s office are N4.86 billion for “annual routine maintenance of mechanical/electrical installations.”

N1.03 billion is proposed for the State House Medical Centre, purchase of health and medical equipment will gulp N408 million, while N208 million will be spent on drug and medical supplies.

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The Federal Government proposes to spend N11 million on local travel and transportation at the medical centre. Provision of fixed assets for the medical centre will cost N209 million.

Outstanding liabilities on routine maintenance and other services will receive N565.65 million.

Overall, the State House which comprises the president and vice president’s offices, and state house administration, will spend N11.545 billion by the State House.

Further scrutiny of the 2018 budget shows that Buhari and Osinbajo will jointly spend N149 million on foodstuffs/catering materials during the year.

While Buhari will spend N98 million under the category, Osinbajo will spend N50 million. This is apart from the N25.7 million Buhari will be spending on refreshments and meals.

Apart from the figure also, Osinbajo will be spending N18 million on refreshments and meals as well as N2.4 million on cooking gas. For the Vice-President, N17.4 million will be spent to purchase household and kitchen items that include crested plates, tea cups, cutleries and serving basin.

The budget consists of N698.7 million, capital expenditure, N331.7 million for recurrent expenditure and N331.7 million for overheads.

However, all the proposed spending are subject to National Assembly approval.

2018 budget

President Buhari last week presented a budget proposal of N8.612 trillion for 2018, saying the projected expenditure will drive rapid economic recovery.

The 2018 Appropriation bill is tagged budget of consolidation and Buhari says with a benchmark of 45 dollars per barrel at an exchange rate of N305 to a dollar in 2018, the budget would consolidate on the achievements of previous budgets to aggressively steer the economy to the path of steady growth.

“With the economic recovery made so far, it is clear that we made the right decisions,’’ he said.

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According to the President, the government would continue to develop infrastructure and increase investments in agriculture to attain food security and reduce importation.

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