
ECG begins nationwide revenue mobilization from Nov 9
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2nd November 2023 3:38:52 PM
2 mins readBy: Chris Kodo

President Bola Tinubu's administration has put forward a proposal to allocate N1.5 billion for the procurement of vehicles for the First Lady's office.
This expenditure is included in the 2023 supplementary budget, which the President submitted to the National Assembly for approval and has passed the second reading in the House of Representatives.
Despite the prevailing high levels of poverty and economic hardship in the country, the supplementary budget also allocates N19.3 billion for the purchase of vehicles for the President and the renovation of the Presidential and Vice Presidential lodges in Abuja and Lagos.
Additionally, the budget includes N3 billion for the acquisition, renovation, and rehabilitation of two fortified quarters used by the Economic and Financial Crimes Commission (EFCC) within the State House Complex in Guzape and Mabushi.
The Nigerian Navy's capital expenditure is proposed to be ₦42.3 billion, with a recurrent expenditure of ₦20.42 billion, including N5.095 billion designated for the acquisition of a presidential yacht.
The supplementary budget outlines further allocations, including N2.9 billion for the purchase of SUVs, N2.9 billion for the replacement of operational pool vehicles, N4 billion for the renovation of residential quarters for the President, N2.5 billion for the renovation of Aguda House (Vice President's residence), N200 million for the computerization and digitalization of the State House, N4 billion for the construction of an office complex within the State House, N4 billion for the renovation of Dodan Barracks (the official residence of the President), and N3 billion for the renovation of the official quarters of the Vice President in Lagos.
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