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

• 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.

Read also

2023 budget: Obasanjo, Jonathan to get a share of N3.008 trillion Service Wide Vote

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

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.

Legit.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.

Read also

The Nigerian states with the highest internally generated revenue

However, the N20.51 trillion appropriation for 2023 presented by President Muhammadu Buhari to the national assembly is Nigeria's highest in its history.

The new budget is said to be N750 billion higher than the previous appropriation bill presented before the House of Assembly.

2023 Budget: N11.92bn earmarked for Buhari, Osinbajo's feeding, trips abroad

Similarly, details of the money earmarked for the foreign trips of President Muhammadu Buhari and Vice President Yemi Osinbajo have emerged

Also, emerging reports says the money earmarked for food items and refreshments of the duo has also been released.

According to the summation made from the breakdown of the budget the offices of the duo will spend a staggering N11.92bn on food and foreign trips.

2023 budget: Aso Rock to spend N14bn on internet data subscription

Following the submission of the 2023 budget for the fiscal year, a breakdown of the budget has begun to emerge.

Read also

NNPC spends over N13 billion for entertainment, N20bn for telephone calls in two years

According to the details in the budget, the sum of N14 billion will be used for the internet, paper, computers, and a host of others in Aso Rock.

Interestingly, further breakdown revealed that the N14bn will also cover for electricity and water charges.

Source: Legit.ng