Some details of the 2018 national budget presented by President Muhammadu Buhari to a joint session of the National Assembly, have been revealed.
On November 7, President Muhammadu Buhari presented the 2018 appropriation bill to the national assembly.
The N8.61 trillion appropriation bill is Nigeria’s biggest budget, surpassing the N7.44 trillion 2017 budget.
Its aggregate expenditure comprises recurrent costs of N3.494 trillion; debt service of N2.014 trillion; statutory transfers of N456 billion; sinking fund of N220 billion; and capital expenditure of N.428 trillion.
Afte reviewing the 1918-paged document, TheCable brings you some of the interesting details in it, with focus on Aso Rock, Nigeria’s seat of power.
Travels and transportation
N182.3 million was budgeted as travelling expenses for state house personnel. While N89.2 million goes to local travels and transport, N93.1 million goes to international travels.
For the president, N1 billion was allocated for both his local and international travels while Vice-President Yemi Osinbajo also gets N300 million for same.
A total of N274.8 million was set aside for electricity charges in the budget.
And this does not include generator fuel which got N45.7 million while maintenance of such generators got N5.3 million.
A total of N23.8 million goes down in the proposed budget as charges for telephone calls at the state house.
Internet access charges
This got N67.1 million.
Water and sewerage rates
N111.1 million was allocated for both.
N26.4 million for newspapers, N79 million was budgeted for office stationery/computer consumables, N8.6 million for books, N3.5 million for magazines and periodicals, N69.3 million for printing of documents, N11.8 million for uniforms and other clothing and N36.8 million for drugs and medical supplies. This is aside the N51.8 million budgeted for medical expenses.
For Osinbajo’s office, N6.4 million is allocated to stationery and computer consumables, N4.6 million for printing of non-security documents,
While stomach infrastructure is a necessity for every human being, allocating N145 million naira for it in the form of food stuff/catering materials supplies in the proposed 2018 budget may sound shocking.
This is, however, different from the allocation of the president and vice-president, both of whom are getting N98 million and N51 million respectively for supply of such foodstuff and catering materials.
There is also an allocation of N17 million for kitchen equipment and cutlery, still under the vice-president’s office.
Maintenance of motor vehicles/transport equipment got N165 million, that of office furniture got N9.7 million; office building and residential quarters, N119.9 million; office/IT equipment, N24.3 million while “other maintenance services” got N92 million.
Alhough those being trained were not specified, local training at the state house was allocated N57 million.
Despite the condemnation that followed when news filtered in that N74m was budgeted for “residential rent”, the said rent is getting N67 million in the 2018 budget. Rent for Aso Rock, that is!
While N33.3 million was budgeted for financial consulting, legal services got N8.2 million.
To fuel cars at the state house, a total of N68 million is expected to go down while “cooking gas/fuel” would cost N19 million.
Like the colloquial saying goes, body no be firewood. N136 million was set aside in the proposed budget to take care of refreshment and meals at the state house but that is not all.
The president gets a different sum of N26 million for refreshment and meals while the vice-president gets N18 million for same.