The State House has earmarked ?15.09bn for the purchase of tyres for bulletproof vehicles, Sport Utility Vehicles, (SUVs), operational vehicles, and plain cars, and the construction of an office complex for Special Advisers and Senior Special Assistants.
It also proposed a total sum of ?5.49bn as a provision for the annual maintenance of the Presidential Villa.
These details were disclosed in the newly released 2025 Appropriation Bill by the Budget Office of the Federation on Thursday.
Recall that President Bola Tinubu presented the 2025 Budget titled: Budget of Restoration: Securing Peace, Rebuilding Prosperity, to a joint session of the National Assembly on Wednesday, outlining an ambitious ?49.70trillion spending plan.
The Budget prioritises defence, infrastructure, and human capital development, with a projected deficit of ?13.39tn to be financed through borrowing. Speaking at the National Assembly, Tinubu stressed his administrations commitment to strengthening security and revamping the nations infrastructure.
However, in the appropriation Bill document, the State House, which serves as the administrative hub for the executive arm, will spend ?164m for the purchase of tyres for bullet-proof vehicles, plain cars, jeeps, platform trucks, and other utility and operational vehicles.
Out of the sum, ?1.1bn was earmarked for the replacement of SUV vehicles, and ?3.66bn for the purchase of State House operational vehicles. It stated that ?127.86m will be spent on the procurement of SUVs for the President and Vice-President. This cost will be undertaken under the office of the President.
Similarly, ?285m will be spent for the purchase of motor vehicles under the office of the Chief of staff to the president, while the Chief security officer to the President got an allocation of ?179.63m for the purchase of security and operational vehicles.
Further checks showed that ?2.12bn was allocated for honorarium and sitting allowances and proposed spending of ?1.83bn for the construction of an office complex for Special Advisers and Senior Special advisers.
The 2025 Budget is based on key economic assumptions, including a projected decline in inflation from 34.6% to 15% and an improvement in the Naira exchange rate from ?1,700 per dollar to ?1,500 per dollar.
