The federal government has
earmarked N12.7 billion for the presidential air fleet in the 2023
supplementary budget.
The figure is in the recurrent
expenditure of the office of the national security adviser (ONSA) with a total
budget of N29.7 billion.
Other items in the budget
proposed for the ONSA are the settlement of outstanding annual service legal
agreement and bandwidth subscription for ONSA intelligence platforms (N4.7
billion); and operation MAD Thunder-NSA (N10 billion).
The ONSA said it would spend N2.2 billion as "part settlement of outstanding liabilities for procurement of treated/operational vehicles for State House and ONSA".
Budgetary allocations to the
presidential air fleet have historically elicited outcry from Nigerians, given
the rising cost of maintenance.
Nigeria budgeted N73.3 billion
for the presidential air fleet from 2011 to 2020. As of 2015, the number of
jets in the presidential fleet stood at 10.
In 2016, former President
Muhammadu Buhari promised to sell two of the jets to save costs.
The presidential fleet already
received a N13 billion allocation in the 2023 approved budget.
N5BN FOR YACHT
The federal government also
intends to spend N5 billion for the purchase of a presidential yacht. The
proposed sum is under the capital expenditure of the Nigerian Navy's budget.
According to the document, the
navy will require N62.8 billion for its operations — with recurrent expenditure
and capital expenditure gulping N20.4 billion and N42.3 billion, respectively.
On Monday, the federal executive
council (FEC) approved the submission of a supplementary budget of over N2.17
trillion to the national assembly.
Following the president's request
for a "speedy" consideration and approval of the appropriation bill,
the house of representatives and senate speedily passed the bill for a second
reading.
A green light from the national
assembly on the supplementary budget will raise Nigeria's total 2024 budget to
N28.17 trillion.
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