Thursday, November 14

2024 Budget: State House To Spend N2bn For Replacement Of SUVs, N4bn For Purchase Of New Vehicles

As breakdown of the 2024 budget continues to emerge, the federal government has earmarked N2,000,000,000 for the replacement of sport utility vehicles (SUVs) in the 2024 budget.

President Bola Tinubu had presented the 2024 budget proposal of N27 trillion last week Wednesday to a joint session of the national assembly.

Thereafter, the appropriation bill passed the second reading at both the senate and house of representatives.

In the appropriation bill document, the federal government also proposed N4,000,000,000 for the purchase of state house operational vehicles.

According to the details of the budget, an allocation of N442,112,065 was made for maintenance services at the state house.

Part of the proposed budget expenditure included N129,635,017 for maintenance of motor vehicle/transport equipment; N14,754,247 for maintenance of office furniture; and N153,445,827 for maintenance of office building/residential quarters.

The sum of N45,140,972 was allotted for the maintenance of office/Information Technology (IT) equipment; N18,939,608 for maintenance of plants/generators; and N80,196,394 for other maintenance services.

Also, an allocation of N442,112,065 was made for maintenance services at the state house, with N46,500,000 earmarked to purchase various office equipment for the admin, finance and accounts, works, information and communications technology (ICT), procurement, PRS, and audit departments.

FURNISHING OF STATE HOUSE ANNEX TO GULP N3.5BN

The state house headquarters allocated N40,616,530,189 for its operations in 2024.

Also, FG earmarked N3,500,000,000 for the acquisition, renovation, rehabilitation, and furnishing of the state house annexe.

The replacement of villa telecommunications infrastructure, according to the document, will gulp N100,000,000, while the construction of an office complex for special assistants and senior special assistants will cost N3,500,000,000.

FG TO SPEND N9.5BN ON ANNUAL ROUTINE MAINTENANCE OF VILLA’S INSTALLATIONS

According to the document, a sum of N9,200,045,297 will be expended for the annual routine maintenance of mechanical and electrical installations of the villa.

FG also intends to spend N4,500,000,000 on Julius Berger’s liabilities on routine maintenance in 2022 and 2023 as well as (work as directed in 2022-2023, inclusive of Kaduna work).

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