FG budgets N400 million for ex-presidents' cars

The Federal Government will spend N400million on vehicles for former heads of state in Nigeria in 2017. This is contained in the estimated spending by the office of the Secretary to the Government of the Federation (SGF) for 2017.

The information was revealed by the SGF Babachir David Lawal on February 6 when he appeared before the Senate Committee on Federal Character to defend the planned expenditure.
The SGF said: “Fund for the allowances for former presidents was sufficiently covered in the 2017 budget, though not openly budgeted for in the proposal.”

He also noted that the money was part of the N9.88 billion proposed by his office, adding that the former presidents were due to have new vehicles, usually procured at the end of four years.

He told the committee that his office proposed N9.882,782,935 billion for the 2017 fiscal year.

Of the amount, N3,408,763,591 is for payment of personnel costs and N3,781,628,226 for overheads, a figure which shows an increase of N2 billion as against the 2016 appropriation.

Besides President Muhammadu Buhari, there are seven former presidents and heads of states.

They are: General Yakubu Gowon, President Olusegun Obasanjo, President Shehu Shagari, Military President Ibrahim Babangida, Head of Interim National Government Ernest Shonekan, former Head of State General Abdulsalami Abubakar and President Goodluck Jonathan.

Similarly, the Bayelsa state House of Assembly has approved the state government's 3 billion loan request to acquire cars for legislators and other political post holders.

The speaker of Bayelsa House of Assembly, Benson Kombowei confirmed this decision to newsmen on Thursday, February 2.

Comments

Popular posts from this blog