Supplementary Budget: FG earmarks N17.7bn for Presidential Yacht, Air Fleet

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President Bola Tinubu has presented a N2.176 trillion 2023 supplementary budget proposal to the House of Representatives on Tuesday.

In the breakdown of the budget, the Ministry of Defence received the highest allocation of N476.543 billion, Works was allocated N300 billion, and the Ministry of Agriculture and Food Security got N200 billion.

Under the State House section of the budget, N2.9 billion was earmarked for purchase of SUV vehicles; the purchase of official vehicles for the office of the First Lady ; renovation of the residential quarters of Mr. President ; renovation of Dodan Barracks—the official residence of Mr. President ; renovation of the official quarters of the Vice President in Lagos ; construction of an office complex in Aso Rock .

N5 billion was allocated for the renovation of 100 schools; another N5.5 billion was for Education Loan Fund ; Housing got N100 billion; the Federal Capital Territory Administration got N100 billion; the Department of State Services got N49bn; and Police Formations and Command got N50 billion.

 

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