Connect with us

News

Despite Hardship In Nigerian, Tinubu, Shettima Move To Spend N13.5bn On Office Renovation

Last month the National Assembly declared it would be spending an estimated N57.6 billion for…

Published

on

Tinubu Shettima
President Bola Ahmed Tinubu, VP Kashim Shettima

The Federal Government is planning to spend about N13.5 billion for the renovation of the official quarters of President Bola Tinubu and his deputy, Kashim Shettima in Abuja and Lagos.

VerseNews gathered that the amount is contained in the supplementary budget President Bola Tinubu sent to the National Assembly for approval on Tuesday.

On Monday, the Minister of Budget and National Planning, Atiku Bagudu, declared that the Federal Government would request permission to appropriate more than N2 trillion for the 2023 supplemental budget.

Advertisement

This is a 9.16 per cent increase from the N21.83 trillion 2023 Appropriations Bill signed into law on January 3, 2023, by former President Muhammadu Buhari, marking it Nigeria’s highest budget ever.

Details from the supplemental budget indicate that President Tinubu plans to spend over N4 billion on renovations of his official mansion in Abuja and about 2.5 billion on renovations for his vice president’s official residence.

In a similar vein, the president plans to renovate his official residence in Lagos, the Dodan Barracks, for approximately N4 billion. And the renovation for the official residence of the VP in Lagos is expected to gulp about N4 billion.

These figures have drawn wide reactions from different quarters as many Nigerians continue to suffer the impact of the removal of the petrol subsidy.

Advertisement

In his inaugural speech on May 29, Tinubu declared the removal of the petrol subsidy, which caused the price of petrol to rise by about 200 percent, from about N200 to over N500.

While many groups have applauded the President for acting quickly to remove the subsidies, which experts estimate have taken billions of dollars out of the nation’s economy, some have also criticised the administration for its propensity to engage in extravagant spending, urging them to make greater sacrifices to lower the cost of government.

Last month the National Assembly declared it would be spending an estimated N57.6 billion for the official vehicles of its 109 senators and 360 members at the House of Representatives.

Advertisement

The spokesperson for the House of Representatives, Akin Rotimi, told Sunday PUNCH correspondent that members of the House had started taking delivery of the vehicles.

Rotimi said, “Some members have started taking delivery of their vehicles. Priority was given to women in the parliament, people with any form of disability and the elderly. The management has also ensured that only members who have been fully disposed of their court cases will be given the vehicles to avoid problems.”

WhatsAppCOnnect

Stay ahead with VerseNews. Get the latest breaking news, insightful analysis, and trending stories. Your go-to source for timely updates and unbiased reporting.

Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

WATCH: Nigeria Newspaper Headline Today

Apply For Latest Job Openings

Trending

woman cries woman cries
News1 week ago

My Husband Makes Love From Midnight Till Dawn’ — Kaduna Woman Seeks divorce

A 37-year-old woman, Linda Stephen, has asked a Kaduna Customary Court to dissolve her six-year marriage,

peller peller
Entertainment1 week ago

Peller Faces Possible Ban as Nigerians Mass-Report His 9.6M TikTok Account

Popular TikToker Peller faces mass reports on his 9.6M-followers TikTok account after criticizing Nigerians for ranting about the government online.

NYSC dancing NYSC dancing
Education1 week ago

BREAKING: NYSC Begins Payment of N77,000 Monthly Allowance To Corps Members

The Federal Government has begun paying the N77,000 monthly NYSC allowance after a six-month delay, with some corps members confirming...

Timi Dakolo and Femi Lazarus Timi Dakolo and Femi Lazarus
Celebrity Gist2 weeks ago

How Apostle Femi Lazarus Is Selling Gift of Spirit God Gave Him for Free – Timi Dakolo

Timi Dakolo criticized Apostle Femi Lazarus for condemning gospel artistes who charge for ministrations while running a paid ministry school.

peter obi and tinubu peter obi and tinubu
Politics2 weeks ago

Presidency Warns Peter Obi Over ‘Collapsed Democracy’ Comment

Presidency dismissed Peter Obi’s claim that Nigeria’s democracy has collapsed, calling it exaggerated and baseless.

donald trump donald trump
World News2 weeks ago

Trump announces 25% tariff on countries buying Venezuelan oil

Trump announced a 25% tariff on countries purchasing Venezuelan oil, citing Venezuela's alleged hostility and criminal infiltration.

enugu imo police enugu imo police
News2 weeks ago

Anambra, Enugu Police Join Forces to Crush Border Crimes

The Anambra and Enugu State Police Commands have joined forces to combat cross-border crimes by sharing intelligence and resources.

airport airport
News2 weeks ago

US Warns Nigerians, Threatens Permanent Bans from Entering Country

The US has warned Nigerian travelers that overstaying their visas could result in a permanent ban from re-entering the country.

senator natasha akpoti senator natasha akpoti
Politics2 weeks ago

Plot to Remove Suspended Senator Natasha Deepens as Constituents File Recall Petition

Some constituents of Kogi Central have petitioned INEC to recall suspended Senator Natasha Akpoti-Uduaghan, citing loss of confidence and misconduct.

surgery surgery
News2 weeks ago

Lagos to Sponsor Open-Heart Surgeries Worth ₦8.5 Million Each for 30 Indigent Patients

The Lagos State Government will provide free open-heart surgeries for 30 indigent patients, fully funded by Governor Sanwo-Olu.

Advertisement