State House Budgets N9.5bn For Tyres Of Bullet-proof Cars, SUVs, Others

Date:

Dec 7,2023.

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The State House has allocated N9.5 billion for the acquisition of tires for bulletproof vehicles, Sport Utility Vehicles, operational vehicles, plain cars, and the construction of an office complex for Special Advisers and Senior Special Assistants.

Out of the sum, N2bn was earmarked for the replacement of SUV vehicles, N4 bn for the purchase of State House operational vehicles, N351m for the purchase of tyres for bulletproof vehicles, plain cars, jeeps, ambulances and N3.5bn for the construction of office complex for SAs and SSAs.

The details are contained in the 2024 Appropriation Bill released by the Budget Office of the Federation on Wednesday.

Naija247News reports that the budget was presented by President Bola Tinubu to a joint session of the National Assembly on November 29.

Tinubu had christened the appropriation bill the ‘Budget of Renewed Hope.’

Naija247News reports that the Tinubu-led administration has continued to come under fire following what experts have tagged as “frivolous spending” by the political class amidst the hardship currently being experienced by Nigerians following the removal of fuel subsidy.

The PUNCH had earlier reported that the proposed 2024 Appropriation Bill under review by the National Assembly has an allocation of N15.961 billion for international and domestic travel expenses for Tinubu, Vice President Kashim Shettima and their aides.

Tinubu’s travel budget amounts to N7.630bn, predominantly earmarked for foreign trips with N6.992bn designated for international travels and N638.535m set aside for domestic travel.

Shettima’s travel allowance is proposed at N1.847bn, split between N1.229bn for foreign trips and N618.399m for local travels.(www.naija247news.com)

Peter Okafor
Peter Okaforhttp://Naija247news.com
Peter Okafor Financial Journalist | Editor | Contributor Overview: Peter Okafor is a seasoned Financial Journalist, astute Editor, and valued Contributor at Naija247news Media Group. With an unwavering passion for dissecting complex financial landscapes, Peter has become a trusted name in delivering incisive and insightful coverage of economic events, market trends, and corporate dynamics. Professional Journey Peter's journey in financial journalism has been marked by a commitment to excellence. Joining the ranks of Naija247news, he has consistently demonstrated a keen understanding of the intricate interplay between finance and the global socio-economic fabric. Expertise: Specializing in financial markets, economic analyses, and business developments, Peter Okafor has honed his expertise over the years. His ability to unravel intricate financial narratives and present them in a comprehensible manner sets him apart in the world of financial journalism. Contributions As an Editor and Contributor, Peter has played a pivotal role in shaping the narrative of Naija247news. His contributions extend to thought-provoking articles, in-depth market analyses, and coverage of key events that impact the financial landscape. Educational Background: Peter holds a degree in Journalism, complemented by specialized courses in Finance and Business Reporting. His educational foundation has provided him with the tools to navigate the intricate world of financial journalism. Innovation and Adaptability: In an era of evolving media landscapes, Peter Okafor exemplifies innovation and adaptability. Leveraging digital platforms and emerging technologies, he ensures that financial insights reach a diverse audience, fostering financial literacy and awareness. Awards and Recognition: Peter's commitment to journalistic excellence has not gone unnoticed. He has been the recipient of several awards, recognizing his outstanding contributions to the field of financial journalism. Vision for the Future: Looking ahead, Peter Okafor envisions a future where financial journalism continues to empower individuals, shape economic policies, and drive positive change. His dedication to staying at the forefront of financial news underscores his commitment to this vision. Connect with Peter Okafor: - LinkedIn: [Peter Okafor](#) - Twitter: [@PeterOkafor_N247](#) In the dynamic realm of financial journalism, Peter Okafor stands as a stalwart, combining experience, expertise, and a forward-looking vision to illuminate the path of financial understanding for a global audience.

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