2023 Budget: Aso Rock To Spend N14bn On Internet
The Presidential Villa plans to spend N14.8bn on Internet access, stationery and telephone charges, among others, under the Federal Government’s planned expenditure captured in the 2023 budget.
In the budget, N67.1m was budgeted for Internet access to the Villa, while stationery and computer consumables would be N79m.
A further breakdown of the budget also showed that N35.9m was allocated for electricity charges, telephone charges and water rates each got N306.2m, N6m and N40.6m respectively.
Out of the total budget for the Villa, N1.6bn would be spent on personnel cost.
Meanwhile, the sum of N35m was budgeted for books and newspapers, with newspapers alone taking N26.4m and books gulping N8.5m.
The President, Major General Muhammadu Buhari (retd.), on Friday, presented to a joint session of the National Assembly a budget proposal of N20.51tn for the 2023 fiscal year.
The budget is about N750bn higher than the N19.76tn earlier proposed in the 2023-2025 Medium Term Expenditure Framework and Fiscal Strategy Paper.
Ahead of the Federal Government budget presentation, the House of Representatives, on Thursday, passed the 2023–2025 Medium Term Expenditure Framework and Fiscal Strategy Paper, which the President earlier presented to the National Assembly.
The passage followed the consideration of the report of the Committee on Finance.
The House approved an aggregate FGN expenditure of N19.76tn, made up of total recurrent (non-debt) of N8.53tn; personnel costs (MDAs) of N827.8bn; capital expenditure (exclusive of transfers), N3.96tn; special intervention (recurrent) of N350bn; and special intervention (capital) of N7bn.
TRENDING SONGS
Two Individuals Apprehended in Lagos for Carrying Toy Pistol Man murdered his wife by cutting her into 200 pieces after killing her pets Turkey Tops List of Most Promiscuous Countries as Nigeria Fails to Make Top 20 (Full Rankings Revealed) Ex-CNN Anchor Don Lemon Ties the Knot with Partner Tim Malone: Exclusive Wedding Photos Olosho is a multimillion industry in Lekki – Nigerian man claims Lagos Court Hands Down One-Year Jail Term to Internet Fraudster Convicted of Romance Scam Bianca Censori’s Alleged Desire to Start a Family with Kanye West Makes Headlines Whitemoney, Reality TV Star, Takes On Men Joining the Viral ‘Estherblish’ Challenge Man’s Attempt to Evade Child Support Through Fake Death Leads to Severe Legal Consequences King Rapsodi – Ashawo (Remix) Ft. Bella ShmurdaShare this post with your friends on
0 Responses
You must be logged in to post a comment.