9ja Ninja's Blog: OMG! See The Staggering Amount Buhari, Osinbajo Will Spend on Food, Travels And Others In 2016

Follow Us On FB/Twitter

Wednesday, December 30, 2015

OMG! See The Staggering Amount Buhari, Osinbajo Will Spend on Food, Travels And Others In 2016


You will not believe the staggering amount the president and his vice will spend on food next year as allocated in the 2016 Budget. 


It has been revealed the staggering amount of money President Muhammadu Buhari and Vice-President Yemi Osinbajo are to spend N2.2bn on travels and transport, foodstuffs and catering materials, refreshment and meals as well as honorarium and sitting allowances in the 2016 fiscal year.

An analysis of the 2016 budget according to Punch, showed that the total allocation of N2.2bn to the President and his deputy was N710m higher than what was budgeted for the same purpose under former President Goodluck Jonathan.

According to the budget document, N1.415bn was allocated to the President alone for general travels and transport. This amount, when compared to the N944.62m that Jonathan got in 2015, was N470.38m or 49.7 per cent higher.

A breakdown of the N1.415bn allocated for the President’s travels shows that the sum of N714.5m is proposed for local travels while N701.16m is budgeted for international travels.

Both sums, when compared to the N640.34m and N304.32m allocated for the same purposes under Jonathan for local and foreign trips, represent an increase of N74.16m and N396.84m.

For foodstuffs and catering materials, a total sum of N114.9m is allocated for Buhari alone, indicating an increase of N45.09m or 64.6 per cent over that of Jonathan.


In terms of honorarium and sitting allowances, N307.64m was budgeted for the President as against N223.24m allocated for the same purpose in 2015.

In the same vein, N49.1m has been proposed for the President in the 2016 fiscal period for publicity and advertisement as against N29.8m in 2015.

For the office of the Vice-President, the budget document states that N48m is proposed for general travels and transport in 2016 as opposed to N33.86m in 2015.

In the same vein, the document says N13.3m and N13.9m are being proposed for international travels and transport (trainings) and international travels and transport (others) for the Vice- President in 2016.

Both amounts, when compared to the sum of N9.4m and N9.87m, which was allocated for the same purpose in 2015, represents an increase of N3.9m and N4.03m respectively.

Other amounts allocated for the Vice- President are foodstuffs and catering, N16.6m; refreshment and meals, N7.5m; honorarium and sitting allowance, N8.8m; and publicity and advertisement, N23.08m.

These amounts allocated for Osinbajo, when compared to the amount budgeted for former Vice President Namadi Sambo for the same purpose under the 2015 budget, represent an increase of N4.84m, N2.18m, N1.88m and N6.79m respectively.

The document also listed other expenditure items for the office of the Vice President to include maintenance service, N46.44; consultancy, N9.6m; other services, N22.3m; fuel and lubricants, N24.9m, among others.



CLICK HERE to follow us on Google+



No comments :

Post a Comment

News/Tip Off/Advert, Email: 9janinja9@gmail.com

LinkWithin

Related Posts Plugin for WordPress, Blogger...