The 2024 budget proposal, currently under scrutiny by the National Assembly, reveals that President Bola Ahmed Tinubu and Vice President Kashim Shettima plan to spend a total of N10.13 billion on meals and travel.
Outlined in the N27.5 trillion budget proposal with a total aggregate revenue projection of N18.32 trillion and a deficit of N9.18 trillion, the fiscal document proposes N8.7 trillion for capital expenditure and N18.51 trillion for recurrent expenses.
As reported by Daily Trust, the detailed budget proposal shows:
Tinubu’s travels include N638.5 million for local trips and N6.9 billion for foreign trips, totaling N7.6 billion.
Shettima’s travels, on the other hand, will consume N1.8 billion, with N618.4 million allocated for local journeys and N1.2 billion for international trips.
Feeding expenses, categorized as ‘refreshment & meal and foodstuff for the offices of Tinubu and Shettima,’ have a budget allocation of N660.5 million, with N287.8 million for the president’s office and N372.6 million for the VP’s office.
A further breakdown reveals:
Refreshments and meals for the president will cost N33.6 million.
Foodstuff/catering materials supplies for the president will be N254.2 million.
Refreshments/meals for the vice president will cost N35 million.
Foodstuff/catering materials supplies for the vice president will amount to N337.5 million.
The budget also designates N201.4 million for the feeding of animals at Aso Rock’s zoo, labeled “wildlife conservation.”
Renovation costs for the president and vice president’s quarters at the State House are earmarked at N800 million: N500 million for Tinubu and N300 million for Shettima.
In the 2023 supplementary budget, N13.5 billion was allocated for the renovation of President Bola Tinubu and Vice President Kassim Shettima’s official residences in Lagos and Abuja.
The 2024 budget proposal additionally allocates N152.3 million for honorarium and sitting allowance for the president and N67.3 million for the vice president.
Powering generators in the State House will cost N37.9 million, and N260.8 million is earmarked for electricity charges.
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