News
SHOCKER! Buhari to Waste N3.914bn on Presidential Villa
President Muhammadu Buhari promise to cut cost of government seems to be a lie.
Despite dwindling economic fortunes of Nigeria, President Muhammadu Buhari will splash a whooping N3.914bn on the maintenance of the Presidential Villa, Abuja Punch newspaper is reporting.
According to the report, the Federal Government will pay the N3.914bn to Julius Berger Plc, a construction company responsible for maintaining Aso Rock.
The N3.914 billion is different from another N282.962m he has already set aside for the general maintenance services of state house (Headquarters); and the N41.844m budgeted for general maintenance services of state house operations (Vice President), the report added.
A breakdown of the N3.914bn which is tagged annual routine maintenance of villa facilities revealed that state house operations (President) got N1.698bn while state house operations (Vice-President) got a total allocation of N289.617bn.
Out of the N282.962m budgets for general maintenance services of state house (Headquarters), N182.079m will be spent on maintenance of motor vehicles/transport equipment; N11.545m for the maintenance of office furniture; N27.846m for the maintenance of office/Information Technology equipment; N13.620m for the maintenance of plants/generators and N47.870m for “other maintenance services.”
The breakdown of the N41.844m budgeted for general maintenance services of state house operations (Vice President) shows that N27.139m is for the maintenance of motor vehicles/transport equipment; N1.451m for the maintenance of office furniture; N4.422m for the maintenance of plants/generator; and N8.832m for “other maintenance services.”
Also, N103.470m is budgeted for foodstuff/catering materials supplies; N321.070m for miscellaneous; N276.879m for honorarium and sitting allowance; while N44.190m is allocated to publicity and advertisement.
N32.368m is allocated to General Consulting and Professional Services, financial consulting got N25.063m; N2.713m allocated to legal services; and N4.591 budgeted for budget preparation.
The Federal Government will also be buying recreation materials worth N12.075m for the Presidential Villa during the year.
Meanwhile, President Muhammadu Buhari calls off his two-day trip to Lagos.
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