From Isaac Anumihe, Abuja
The Federal Government has proposed to spend over N57,427,575 on residential rent in the state house quarters.
This was contained in the 2024 Budget document obtained by Daily Sun.
According to the budget, the State House will spend N26,529,441 in evacuating sewage and N1,460,489,744 on salary. While personnel cost is N2,163,029,381, salary and wages will gulp N1,460, 489744.
Apart from that, the Presidential Villa will spend over N6,484,482,950 for travels and transportation while local travels and transport training will take N60,981,931.
Whereas international travels and transportation will cost N6,282,860,289, newspaper will take N21,296,484.
Meanwhile, magazine will gulp N3,303,149. To fuel State House motor vehicles, the Federal Government will spend N148,269,415. It will equally spend a total of N37,959,406 to fuel State House plant. Refreshments in the villa will cost N176521,262 while electricity charges will take N260,849,548
Recall that the Federal Government’s 2024 aggregate expenditure is estimated at N27.50 trillion.
“This is 10.8 per cent (or about N2.68 trillion) higher than the 2023 federal government aggregate expenditure estimate of N24.82 trillion (including the N2.996 billion supplementary provision).
“The 2024 expenditure estimate includes statutory transfers of N1.30 trillion and non-debt
recurrent expenditure of N10.26 trillion.
“The provisions of N8.25 trillion and N243 billion have been made for Debt Service and Sinking
Fund to retire maturing bonds issued to local contractors/creditors, respectively,” the document noted.