Under the Federal Government’s anticipated expenditure contained in the 2023 budget, the Presidential Villa aims to spend N14.8 billion on Internet connection, stationery, and telephone costs, among other things.
The budgeted amount for Internet connectivity to the Villa is N67.1 million, while stationery and computer consumables are N79 million. A further breakdown of the budget revealed that N35.9m was budgeted for power charges, N306.2m for telephone charges, and N40.6m for water rates, respectively.
Personnel costs would consume N1.6 billion of the Villa’s entire budget. Meanwhile, N35m was budgeted for books and newspapers, with newspapers alone accounting for N26.4m and books accounting for N8.5m.
On Friday, the President, Major General Muhammadu Buhari (retd. ), addressed a joint session of the National Assembly.
The President, Major General Muhammadu Buhari (retd. ), presented a N20.51 trillion budget proposal to the National Assembly on Friday.
The budget is N750 billion greater than the N19.76 trillion recommended in the Medium-Term Expenditure Framework and Fiscal Strategy Paper for 2023-2025.
The House of Representatives passed the 2023-2025 Medium Term Expenditure Framework and Fiscal Strategy Paper, which the President earlier submitted to the National Assembly, on Thursday, ahead of the Federal Government’s budget presentation.
The House approved a total FGN spending of N19.76tn, which included total recurrent (non-debt) expenditure of N8.53tn, personnel costs (MDAs) of N827.8bn, capital expenditure (excluding of transfers) of N3.96tn, and special expenditures of N3.96tn.