Taxpayers Foot Billion Bill For Renovating Tinubu And Shettima’s Quarters

Taxpayers Foot Billion Bill For Renovating Tinubu And Shettima’s Quarters

The Nigerian Federal Government has proposed a whopping ₦6.36 billion in the 2025 budget to renovate the official residences of President Bola Ahmed Tinubu,…Taxpayers Foot Billion Bill For Renovating Tinubu And Shettima’s Quarters

Vice President Kashim Shettima, and other senior officials.

According to the 2025 Appropriation Bill, which was presented to the National Assembly, the maintenance of the Presidential Villa will require an annual budget of ₦5.49 billion.

In addition, ₦765 million is designated for the renovation of the Vice President’s official residence and guest house. Meanwhile, the State House refurbishment, including the President’s quarters, is projected to cost ₦6.39 million. A further ₦49 million is earmarked for the renovation of various facilities, including security quarters, the presidential auditorium, gymnasium, and aides’ accommodations.

Also included in the budget are ₦51 million for upgrading Prescott Barracks and other key buildings in Asokoro, Abuja.

The budget reveals that President Tinubu and Vice President Shettima will each receive ₦87 million for honorarium and sitting allowances, while ₦127 million has been allocated for the procurement of new SUVs. The State House will also acquire operational vehicles worth ₦3.66 billion, with ₦1.09 billion set aside for replacing SUVs.

Further provisions include ₦14.72 million for the routine maintenance of the State House Lagos Liaison Office and ₦140.1 million to complete renovations at the Dodan Barracks annex in Lagos.

In another move, the Federal Government plans to invest ₦1.83 billion in converting properties seized by the Economic and Financial Crimes Commission (EFCC) into residential quarters for State House officials. This comes shortly after the EFCC recovered a vast estate in the Lokogoma District of Abuja, a monumental asset valued as the largest since the agency’s inception.

For More Information And News Update, Join Ireporteronline WhatsApp Channel With Link Below: https://whatsapp.com/channel/0029VaV4jB6DuMRgwqnJCF32 For advertisement inquiries only, kindly send a message to 09010649814 on Whatsapp