...Redifining Journalism for Development

FG allocates N21 billion for Tinubu’s Chief of Staff in 2024 budget

264

FG allocates N21 billion for Tinubu’s Chief of Staff in 2024 budget

Femi Gbajabiamila, the Chief of Staff to President Bola Tinubu, is set to receive a total allocation of N21 billion in the upcoming budget estimates presented to the National Assembly by the President last month.

A breakdown of the proposed figure shows that Gbajabiamila has proposed N104m for the purchase of computers and printers for “local travel and transport for international training,” while the CoS’s office plans to spend N579m. The “miscellaneous” category is expected to receive N103m.

Furthermore, the proposed budgetary allocations show that the reconstruction and repair of the CoS’s official residence is to receive N10 billion. Computer software purchase is expected to receive about N10.1 billion, and N290 million is the allocation for the purchase of vehicles.

Recall that Tinubu presented a budget of N27.50 trillion for 2024 to both chambers of the National Assembly. The budget was approved by both the Senate and the House of Representatives, with minor changes to some sectoral allocations.

The budget presentation, made in a live session of the House chamber, requested budgetary approval of a total spending plan that included 1.78 million barrels per day of crude oil, a borrowing plan of N7.8 trillion, and an exchange rate of N700 to the US dollar.

Get real time updates directly on you device, subscribe now.

Leave A Reply

Your email address will not be published.