Views: 390 Posts: 0 Started By: porch Last Poster: porch Last Post Date: Dec 30, 2015
December 30, 2015 ( Post 1 )

President Muhammadu Buhari is going to spend N18.1 billion in 2016 to run the State House[oloe], Nigerian presidential complex, which is much more than former president Goodluck Jonathan spent in 2015.
In 2015, Goodluck Jonathan spent N6.6 billion on the State House, and in 2014, he spent N12.2 billion; the odds are N11.5 billion and N5.9 billion respectively, Premium Times reports.
However, Buhari will reduce the cost of feeding for the first and second families, when compared to what the Jonathan administration spent in previous years.
The president presented a N6.08 trillion budget to the National Assembly last week, promising more jobs, economic growth and a cut-down on frivolous spending.
READ ALSO: How Much Money Former Leaders Will Get In 2016 Budget
According to the budget 2016, the State House will cumulatively receive N18.1 billion.
The costs cover the State House Headquarters, the president’s office and the office of Vice President Yemi Osinbajo, as well as the budgets of the State House medical centre and the Lagos Liaison office.
One of the most notable State House spending in 2016 will become the purchase of BMW saloon cars at N3.63 billion.
READ ALSO: Stella Oduah Opens Up On N255M BMW Scandal
The budget also contains a repeat of projects the Jonathan administration repeatedly allocated funds for. For example, the purchase of computers, which has featured in budgets of previous government each year.
In 2016, the State House will spend N27. 5 million on computers, while N268.9 will finance computer software acquisition. Aso Rock will also spend N764.7 million on recreational activities.
The installation of electrical lighting and fittings will cost N618.6 million next year.
The feeding cost for State House in 2016, if approved by the National Assembly, will be reduced to N445.5 million for all meal-related expenses. In 2014, Jonathan spent N542.86 million, and in 2015, N526.17 million on food.
Total budget
2014 2015 2016
State House Headquarters – N8.739billion; N5.09billion; N11.9 billion
President’s operations – N2.995billion; N1.27billion; N1.89billion
Vice President’s operations – N461.726 million; N227 million; N321.8 million
Chief of Staff – N2.3 million
Chief Security Officer – N3.18million
Lagos Liaison Office – N126.7 million
State House Med. Centre – N3.87 billion
Total – N12.2 billion; N6.6 billion; N18.1 billion
2014 2015 2016
Food Stuff / Catering
Materials Supplies – N224.7 million; N189.39 million; N234.59 million
Cooking Gas/Fuel Cost – N13 million; N6.82 million; N9.44 million
Refreshment & Meals – N173.36 million; N92.6 million; N112.29 million
Purchase Of canteen/
Kitchen Equipment – N131.8 million; N237.36 million; N89.17 million
Total N542.86 million; N526.17 million; N445.49 million

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