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Monday, June 3, 2019

BREAK DOWN OF 2019 PRESIDENT BUHARI'S BUDGET




 President Muhammadu Buhari signed out ₦8.9 trillion budget last week.  

How the whole money were shared:

₦751 million was budgeted for travelling around the world. 

₦250 million was budgeted for local trips. 

The president is meant to spend ₦164.1 million on honorarium and sitting allowance. 

₦25.7 million budgeted on meals and refreshments.

The Office of the President will spend ₦8.5 million on the purchase of books in the 2019 fiscal year.

₦98.3 million budgeted for foodstuff, catering materials supplies, with refreshment. 

₦25.7 million is for meal. 

₦576 million was set aside for the phased replacement of vehicles, spares and tyres in the presidential CVU, security/police escort and State House operational fleet. 

Other budgetary allocations for the first citizens include sporting activities allowance ₦30.2 million. 

Purchase of sporting/gaming equipment for ₦38 million. 

Motor vehicle fuel cost ₦68 million. 

Plant/generator fuel cost ₦45.7 million. 

Cooking gas allowance ₦18.6 million.

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