FG renovates VPs Lagos residence with N5bn

Despite widespread economic hardship and soaring inflation across the country, the Federal Government has allocated N5bn towards the renovation of the vice presidents official residence in Lagos State.

FG renovates VPs Lagos residence2

In the N2.17tn supplementary budget passed in November 2023, the Federal Government had budgeted N3bn for the renovation of the vice presidents official residence in Lagos State and another N2.5bn for the renovation of his official residence located within the Aso Rock Villa in Abuja.

However, checks using GovSpend, a civic tech platform that tracks and analyses the Federal Governments spending, showed that a total of N5,034,077,063 was spent in May and September this year for the renovation of the VPs Lagos residence.

A monthly breakdown of the amount showed that on May 31, 2024, the State House paid N2,827,119,051 to an engineering firm, Denderi Investment Limited, for the renovation of the official quarters of the vice-president in Lagos.

Similarly, on September 5, 2024, the Office of the Chief of Staff to the President paid the same firm N726,748,686 for additional renovation work on the VPs Lagos home. On the same day, the Chief of Staffs office paid N1,480,209,326 to the same firm for Phase 2 renovations of the VPs Lagos residence.

Recall that in November 2023, the Federal Capital Territory Administration (FCTA) said it would spend N15bn to build a befitting official residence for the Vice-President in Abuja.

The FCT Minister, Nyesom Wike, disclosed this while appearing before the 10th House of Representatives committee to defend the FCTs N61.5bn 2023 Supplementary Budget.

Shettimas residence 696x508

However, an advocacy group, the Socio-Economic Rights and Accountability Project, (SERAP), objected to the expenditure, describing it as a fundamental breach of the Nigerian Constitution and the countrys international anti-corruption and human rights obligations. Its Deputy Director, Kolawole Oluwadare, said, It will be a grave violation of the public trust and constitutional oath of office for the Senate to approve the plan to spend N15bn on a befitting residence for the Vice-President at a time when the Federal Government is set to spend 30 per cent (that is, N8.25tn) of the countrys 2024 budget of N27.5tnlr on debt service costs.

Also, the Executive Director of the Civil Society Legislative Advocacy Centre, (CISLAC), Auwal Rafsanjani, said the current administration had not been truthful about its stance to reduce the cost of governance, noting that if it had been sincere, it would have reduced allocations in its various implemented budgets over the last 16 months.

Similarly, Chairman of the Centre for Anti-Corruption and Open Leadership, Debo Adeniran, said until a new constitution is formulated to regulate government spending, the country wont get rid of profligacy in its governance.

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