President Buhari Signs 2019 Budget Into Law

President Muhammadu Buhari on Monday in Abuja signed the 2019 Appropriation bill of N8.92 trillion into law. The president had submitted the 2019 budget of N8.83trillion to the Senate but was increased by about N10billion by the Upper House, bringing the amount to N8.92trillion. The News Agency of Nigeria (NAN) reports that the dignitaries who witnessed the signing of the budget, which took place at the mini-conference hall of the president, included the Senate President Bukola Saraki and the Speaker of the House of Representatives,Yakubu Dogara.

Buhari, Osinbajo to Spend N1.05bn on Foreign Trips In 2017 Budget

A grey section of the 2017 national budget as presented to the Nation Assembly by President Muhammadu Buhari has been analysed.

The foreign trips of President Muhammadu Buhari, Vice President Yemi Osinbajo and the State House headquarters will gulp about N1.05bn in the 2017 fiscal year. Their local trips will cost the nation N353.115m. These are some of the details of the 2017 Appropriation Bill currently before the National Assembly as obtained by our correspondent on Thursday in Abuja. According to the breakdown of the proposed budget, President Muhammadu Buhari’s international travels and transport will gulp N739.487m; Vice President Yemi Osinbajo’s will cost N218.296m; while the State House Headquarters will spend N97.208m on the same item, according to the Punch. For local travels and transport, N238.201m is budgeted for Buhari; N88.364m is allocated to Osinbajo, while the State House Headquarters will get N26.44m.

Apart from the travel expenses, the President and the Vice President are expected to spend N168.45m on foodstuffs as well as catering materials and supplies in 2017. This is apart from another N123.223m budgeted for the same item for the State House Headquarters. According to the breakdown, N114.967m is allocated for foodstuffs and catering materials’ supplies for the President’s office, while N53.494m is allocated for Osinbajo’s office.