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Home Headlines

2017 Budget: National Assembly Earmarks Shocking Amount of Money For Cars…See Figure

by Naira
May 12, 2017
in Headlines

The 8th National Assembly will be
expending billions of naira on princely vehicles according to revelations from its N125 billion 2017 budget breakdown.

The National Assembly on Thursday disclosed the details of its 2017 budget. This was after eight years of keeping it a guarded secret.

The total budget for the legislature this year is N125bn. This is N10bn higher than that of
last year – of which details were not disclosed.

While the senate will splash N2.6bn on automobiles, the house will do the same at the cost of N3.8bn.

However, there seems to be a niggling issue with the budgetary allocation for cars.

N6.4bn was earmarked for the purchase of “motor vehicles”.
But when compared with previous spends on cars, the amount is a far cry from last year’s amount which was about N4.7bn.

In February 2016, the management of the national assembly took delivery of 10
princely cars for the senate president at the cost of about N330m. This was when the
country was in the throes of recession.

And in November of the same year, the house of representatives took delivery of some Peugeot 508 series at the cost of about N3.6bn for its members.

Federal lawmakers will spend N235m on newspapers alone. While the senate will spend N424m on photocopying machines and other office equipment, the house will
spend N353m on the same.

Also, the upper legislative chamber will spend N293m on the printing of non- security document and N247m on medical
supplies while the lower legislative chamber will spend N686m on printing and N503m
on medical supplies.

For security services, the senate will spend N449m while the house has N960m for the
same purpose. The legislators in the upper legislative chamber will spend N578m on fuel and lubricants while those in the lower chamber will spend N1.6bn on the same.

For refreshments and meals senators will spend N409m; for publicity and advertisement N1.4 billion, while their counterparts in the house will gulp N913m
for the same items.

Contingency and programme activities for the senate will take N1.3bn and N2.6 billion
respectively, while the same will take N890m and N3.5bn for the house.

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