Business • Lead Stories 2018 BUDGET: Buhari, Osinbajo to spend N1bn on travels, N83m for tyres, N67m for internet

According to details of the proposed 2018 budget released by the Budget Office of the Federation, President Muhammadu Buhari and Vice-President Yemi Osinbajo plan to spend N1.001 billion on travels in 2018.

The amount breaks down to N751.3 million for international travels, and N250.02 million for local travels.

The budget also shows that another N907 million would be spent on a phased acquisition of new vehicles and spare parts in the presidential fleet during the year.

N83. 77 million is also listed to be spent on tyres for bullet proof vehicles, plain Toyota cars, close circuit vehicles, platform trucks, Land Cruiser and Prado jeeps, Hilux, Peugeot 607, ambulances and other utility and operational vehicles for the Presidency.

Vice President Yemi Osinbajo will spend about N301.04 million on general travel — detailed as N217.06 million for international travel and N83.97 million for local travel.

The budget sets aside N986.91 million for “miscellaneous” expenses in the State House, while general utility services will gulp N476.87 million. Electricity charge is N274.79 million and N67.11 million is for internet.

Other major spending for the president’s office are N4.86 billion for “annual routine maintenance of mechanical/electrical installations” and N1.03 billion for the State House Medical Centre.

Outstanding liabilities on routine maintenance and other services will receive N565.65 million.

Overall, the State House which comprises the president and vice president’s offices, and state house administration, will spend N11.545 billion.

All the proposed spendings are subject to National Assembly approval.