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2023 Budget: Fresh Breakdown Reveals President Buhari, VP Osinbajo Will Pocket Sitting Allowance

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A fresh breakdown of the N20.51 trillion appropriation for 2023 presented by President Muhammadu Buhari has emerged

 

The budget is regarded as a record highest in Nigeria’s history and has earmarked N702.8 million as sitting allowance and state house activities

 

Meanwhile, the EFCC was listed under the presidency and will get a whopping sum of N43.2 billion

 

FCT, Abuja – President Muhammadu Buhari and Vice President Yemi Osinbajo will pocket N174.2 million and N30.3 million, respectively, as a sitting allowance, TheCable reported.

 

 

It was gathered that N702.8 million was earmarked for state house activities and the sitting allowance of the president and his vice.

 

A breakdown of this fund reveals the office of President Buhari, and that of Osinbajo were allocated N19.8 billion as state house funds.

 

Meanwhile, the presidency has also been allotted N98.52 billion for personnel, and overhead costs and capital projects are fixed at N17.48 billion and N17.72 billion, respectively.

 

2023 budget earmarks N43.2 billion for EFCC

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Meanwhile, the Economic and Financial Crimes Commission (EFCC) was listed under the president’s office.

 

As contained in the itemised list of the president’s activities, the EFCC was allotted the sum of N43.2 billion.

 

Topnewstv.com.ng gathered that N2.5 billion out of the total budget for the commission had been fixed as capital expenditure.

 

It was also gathered that N200million would be used to purchase computers and other related items needed for the commission’s digital activities.

 

While the total sum of N330.7 billion has been earmarked for the procurement and replacement of furniture and air conditioner.

 

The commission is also planning to erect an academy, and the 2023 budget has allotted N2bn for the budget.

 

 

 

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African News · News

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