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2022 Budget: Presidency Appropriates N150bn to Self for Trips, Food, Others
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The Federal Government has earmarked N150 billion to the presidency in the 2022 budget, including N135 million for meals and N2 billion for international trips.
President Muhammadu Buhari on Thursday presented an appropriation bill of N16.39 trillion – the total expenditure of the federal government in 2022.
According to the budget details, the presidency will receive N91.63bn, N16.25bn, N42,71bn for personnel, overhead costs and capital projects, respectively, totalling N150,590,609,934.
The budget details for the presidency listed 17 items, including budget earmarked for state house headquarters, state house operations — offices of president and vice-president, office of the chief staff to the president, office of the chief security officer to the president and state house medical centre.
Others are state house Lagos liaison office, National Institute for Policy and Strategic Studies (NIPSS), Kuru, Bureau of Public Enterprises (BPE), Economic and Financial Crimes Commission (EFCC), Nigerian Financial Intelligence Unit (NFIU), and Bureau of Public Procurement (BPP), Nigeria Extractive Industries Transparency Initiative (NEITI), Nigeria Atomic Energy Commission & its centres, office of the chief economic adviser to the president, National Agricultural Land Development Authority (NALDA) and National Agency for Science and Engineering Infrastructure were listed in the presidency budget details.
A breakdown of the budget proposal shows that N12.31 billion was allocated for the state house headquarters, while N24.83 billion and N1.18 billion were budgeted for the offices of the president and vice-president, respectively.
N2BN FOR BUHARI, OSINBAJO’S OFFICES’ INT’T TRIPS
In the budget proposal, the state house headquarters was earmarked N73 million for international travel and transport while local travel and transport (training) will get N31.4 million. The budget also made provision of N57.7 million for local travel and transport (others).
For the office of the president, N1.53 billion was budgeted for international travel and transport (others), while N775.6 million was earmarked for local travel and transport (others).
For the office of the vice-president, N476.2 million was budgeted for international travel and transport (others) while N301.9 million was earmarked for local travel and transport (others).
The development means that the offices of the president and vice-president gulped N2,009,750,909 in the 2022 budget for international travel.
N135M FOR STATE HOUSE HQ’S REFRESHMENTS AND MEALS
The budget details also show that N135,688,651 was earmarked for the refreshment and meals in the state house headquarters, while N120,699,558 was allocated for fuel and lubricants (general) in the state house.
For the office of the president, N30.6 million was earmarked for refreshment and N301.1 million allocated for foodstuff and catering materials supplies.
For the office of the vice-president, N20.2 million was earmarked for refreshment and meals, while N156.6 million was allocated for foodstuff and catering materials supplies
In the state house budget, N1.9 billion was earmarked for the purchase of fixed assets, out of which N1.6 billion was budgeted for the purchase of motor vehicles.
No allocation was given to purchase motor vehicles for the office of the president but N30.8 million was earmarked for the item in the office of the vice-president.
The construction of the presidential wing at the state house medical centre tagged ongoing was earmarked N21.9 billion.
N687.4M EARMARKED FOR STATE HOUSE MEDICAL CENTRE
In the 2022 budget, the state house medical centre gulped N687,425,876 as total expenditure.
The breakdown of the budget details shows that N355,695,664 was earmarked for capital expenditure.
The details of the capital expenditure show that construction of the dental wing extension in the state house medical clinic and outstanding liabilities on reclamation and earth filling tagged ongoing gulp N30,000,000.
Procurement of medical equipment tagged ongoing to gulp N270,695,664, while N55,000,000 was budgeted for the construction of 2 blocks of 24 units three-bedroom flats at the state house tagged new.
The state house Lagos liaison office would receive N301,391,917 as total expenditure, out of which capital expenditure gulped N206,111,515.
TheCable
The Allied Peoples Movement (APM) presidential candidate, Seyi Makinde, on Thursday, criticised President Bola Tinubu’s “Emi Lokan” slogan ahead of the 2027 presidential election.
Makinde said Nigerians do not need “turn-by-turn nepotism”, arguing that voters should be free to decide who becomes the country’s next president in 2027.
The Oyo State governor spoke during the APM’s town hall meeting in Akure, Ondo State.
Makinde asked: “How can someone say ‘Eemi lokan’ in a country like Nigeria? You were given the opportunity. If you recall the 1999 presidential election, the South-West voted massively for Baba Olu Falae, but the rest of Nigerians voted for Baba Obasanjo. So, this is not an issue that only the South-West can resolve; it is an issue we must address collectively as Nigerians.
“We do not want ‘turn-by-turn nepotism’, nor do we want a situation where people say, ‘I will vote for projects because it is my turn’. You will not finish those projects, and when it becomes someone else’s turn, they will do the same thing. We will end up with a Nigeria where we cannot get value for the resources belonging to Nigerians.
“The Reset Nigeria agenda is about building a country where infrastructure development supports economic growth and addresses the concerns of young people and women.
“Once we fix our economy, no zone will be left behind, and no demographic group will be left behind.”
Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has denied saying the Federal government will introduce a fuel tax when the economy stabilises and income levels improve.
In a post on X on Tuesday, Oyedele said his remarks during an interview with ARISE News was misrepresented, insisting that a “fuel tax is not on the table.”
However, during the interview with Rotus Odiri, ARISE News Business Correspondent, on the sidelines of the 2026 International Monetary Fund and World Bank annual meetings in Bangkok, Thailand, Oyedele said the tax would come when income levels improve enough for Nigerians to accommodate it.
He said taxes account for between 20 and 80 percent of pump prices in some countries, while many African countries impose between six and 10 different taxes on fuel products.
He said introducing fuel tax while petrol was still subsidised would have been counterproductive because government would effectively be paying the tax itself.
According to him, imposing the tax immediately after removal of petrol subsidy would be insensitive to Nigerians.
“The objective should be that instead of trying to suppress prices, which hasn’t worked for us, it hasn’t worked for any country in the world, not one. Instead of trying to suppress prices, think about how to grow income faster than prices rise,” Oyedele said.
“That’s how you bring prosperity and grow the middle class and that is exactly what we are doing as led by Mr. President himself.
“At the appropriate time, when the economy has stabilizes and income level will be able to accommodate it, those taxes will come. Not because we want to impose taxes,” he added.
In his Tuesday post, the minister reiterated that introducing a fuel tax at this time would be insensitive following removal of petrol subsidy, describing reports that government will introduce the levy when the economy stabilises as “fake news.”
A chieftain of the African Democratic Congress (ADC), and Deputy Director of the Presidential Campaign Council, Chief Dele Momodu, has described former Vice-President Atiku Abubakar as the most nationally formidable and experienced among the leading contenders for the 2027 presidential election.
Momodu said Atiku’s experience at the national level distinguishes him from President Bola Tinubu and former Anambra State Governor, Peter Obi.
He stated this on Wednesday during an interview on Eagle 102.5 FM, Ilese-Ijebu, in Abeokuta.
“If you look at the antecedents of the three major candidates, between Atiku Abubakar and Peter Obi, you will see that Atiku is the most experienced. He has managed our country at the highest level,” he said.
Momodu traced Atiku’s political journey to the 1992 Social Democratic Party (SDP), presidential primary where he contested against late MKO Abiola and stepped down for him.
He said Atiku accepted the outcome without crisis even after he was not picked as Abiola’s running mate, describing it as a mark of true democratic temperament.
“He is the only one who started from around 1992, contested the SDP primary against Abiola and stepped down with uncommon equanimity. He did not make any noise,” Momodu said.
He noted that Atiku was among the founders of the Peoples Democratic Party, PDP, and served as Vice-President from 1999 to 2007.
Comparing Atiku with Obi, Momodu argued that while Obi’s best was demonstrated in Anambra, Atiku’s was at the presidency level managing the national economy.
“Peter Obi has tried his best in Anambra, while Atiku’s best is at the level of vice president controlling the economy of Nigeria. The difference is clear. He has matured in experience and exposure,” he said.
Momodu also said President Tinubu’s experience was largely limited to Lagos.
“What I’m trying to say is that Tinubu’s experience was limited to Lagos, and that is why when he became president, he thought Nigeria was Lagos. And he has found out now that Nigeria is not Lagos,” he said.
He argued that the current economic hardship under the present administration did not show prosperity, insisting Atiku remained better positioned to lead the country.
“Well, we are yet to see that prosperity, and if yesterday would determine today and tomorrow, it is obvious that Tinubu should retire now and let someone else do it,” Momodu added.
DailyPost
