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2025 Budget: State House Allocates N15bn for SUVs, Others

The State House has set aside N15.09 billion in the 2025 Appropriation Bill for the purchase of tyres for bulletproof vehicles, SUVs, operational vehicles, and plain cars, as well as the construction of an office complex for Special Advisers and Senior Special Assistants.

Additionally, N5.49 billion has been proposed for the annual maintenance of the Presidential Villa.

The budget details were revealed by the Budget Office of the Federation on Thursday, following President Bola Tinubu’s presentation of the N49.70 trillion โ€œBudget of Restoration: Securing Peace, Rebuilding Prosperityโ€ to a joint session of the National Assembly.

The ambitious spending plan prioritizes defence, infrastructure, and human capital development and includes a projected deficit of N13.39 trillion, to be financed through borrowing.

In the appropriation document, the State House plans to spend N164 million on tyres for various vehicles, including bulletproof cars, jeeps, and trucks.

It also allocates N1.1 billion for replacing SUVs and N3.66 billion for operational vehicles.

Specific allocations include: N127.86 million for SUVs for the President and Vice President, N285 million for motor vehicles under the Chief of Staff’s office, N179.63 million for security and operational vehicles for the Chief Security Officer.

Additionally, N2.12 billion is budgeted for honorarium and sitting allowances, and N1.83 billion is proposed for constructing an office complex for advisers.

The broader 2025 budget also allocates N4.91 trillion for defence and security and N4.06 trillion for infrastructure, including major projects like the Lagos-Calabar Coastal Highway and Sokoto-Badagry Highway.

Education will receive N3.52 trillion, including funding for Universal Basic Education and nine new higher institutions, while N2.48 trillion is allocated to the health sector to strengthen healthcare and provide essential drugs.

Economic assumptions for the budget include reducing inflation from 34.6% to 15% and improving the nairaโ€™s exchange rate from N1,700 to N1,500 per dollar.

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