2023 Budget: Buhari, Osinbajo To Spend ₦14bn On Internet

2023 Budget Buhari, Osinbajo To Spend ₦14bn On Internet
President Muhammadu Buhari and Prof. Osinbajo
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The Presidential Villa in Nigeria will gulp at least ₦14.8bn on Internet access, stationery, and telephone charges, among others, under the Federal Government’s planned expenditure which was captured in the 2023 budget.

In the budget which was obtained by Africa Daily News, New York, ₦67.1m was set aside for Internet access to the Villa, while stationery and computer consumables would be taking ₦79m.

A further breakdown of the budget also showed that ₦35.9m was allocated for electricity charges, telephone charges and water rates each got ₦306.2m, ₦6m, and ₦40.6m respectively.

Out of the total budget for the Villa, ₦1.6bn would be spent on personnel cost.

Meanwhile, the sum of N35m was budgeted for books and newspapers, with newspapers alone taking ₦26.4m and books gulping ₦8.5m.

Read Also: Buhari Proposes ₦19.76tn Budget For 2023

President Muhammadu Buhari had on Friday, presented to a joint session of the National Assembly a budget proposal of ₦20.51tn for the 2023 fiscal year.

The budget is about ₦750bn higher than the ₦19.76tn earlier proposed in the 2023-2025 Medium Term Expenditure Framework and Fiscal Strategy Paper.

Africa Daily News, New York reports that ahead of the Federal Government budget presentation, the House of Representatives, on Thursday, passed the 2023–2025 Medium Term Expenditure Framework and Fiscal Strategy Paper, which the President earlier presented to the National Assembly.

The passage followed the consideration of the report of the Committee on Finance.

The House approved an aggregate FGN expenditure of N19.76tn, made up of total recurrent (non-debt) of N8.53tn; personnel costs (MDAs) of N827.8bn; capital expenditure (exclusive of transfers), N3.96tn; special intervention (recurrent) of N350bn; and special intervention (capital) of ₦7bn.

Africa Daily News, New York

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