hasn't the naira been falling this past year? to compare the budgets you might need to take that into account.
also, it might be a waste of time to look too closely to a president buying cars.
k
On 12/29/15 3:48 PM, 'Ikhide' via USA Africa Dialogue Series wrote:
"President Muhammadu Buhari will spend N18.1 billion in 2016 to run the State House, Nigeria's seat of power, an amount that is N11.5 billion more than what his predecessor, Goodluck Jonathan, spent in 2015.
The amount is also N5.9 billion more than what Mr. Jonathan spent in 2014 on the State House, details of the 2016 budget seen by PREMIUM TIMES show.
Mr. Buhari will, however, reduce the cost of feeding for the first and second families, when compared to what the Jonathan administration spent in previous years.
Mr. Buhari presented a N6.08 trillion budget to the National Assembly last week, promising more jobs, economic growth and a cut-down on frivolous spending.
But details of the budget show that the State House will cumulatively receive N18.1 billion in 2016.
In 2014, Mr. Jonathan spent N12.2 billion on the State House, while in 2015, the government spent N6.6 billion for the presidential office, amid dwindling revenue occasioned by sliding oil prices.
The costs cover the State House Headquarters, the president's office and the office of Vice President Yemi Osinbajo.
They also cover the budgets of the State House medical centre and the Lagos Liaison office.
One of the most outstanding State House spending in 2016 will be the purchase of BMW saloon cars at N3.63 billion. It is not clear yet what purpose the cars would serve.
The state house budget also contains a repeat of projects the Jonathan administration repeatedly allocated funds for.
An example is the purchase of computers, which has featured in budgets of previous government each year.
In 2016, the State House will spend N27. 5 million on computers, while N268.9 will finance computer software acquisition.
Aso Rock will spend N764.7 million on recreational activities."
http://www.premiumtimesng.com/news/headlines/195903-buhari-to-spend-more-than-jonathan-on-presidential-villa-to-spend-less-on-food.html#.VoLwek1CbYA.facebook
--
- Ikhide
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Tuesday, December 29, 2015
Re: USA Africa Dialogue Series - Buhari to spend more than Jonathan on Presidential Villa...
Ken,
I actually don't have a problem with the feeding allowance; it seems like a lot of money, but if Buhari had competent communications staff they would explain that it is not just for feeding his family, but for state functions, professional chefs, outings, etc.
By the way, IF you are looking for savings in the budget that is not the place to start really. It is not a serious budget, it looks like something Lai Muhammed dreamed up at a Point and Kill joint after several rounds of fresh fish peppersoup and cold bottles of Orijin!
But wetin I know? I nor go school! SMH.
- Ikhide
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