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Home»Aso Rock»Tinubu To Spend N164million On Tyres –
Aso Rock

Tinubu To Spend N164million On Tyres –

Ibom FocusBy Ibom FocusDecember 19, 2024No Comments3 Mins Read
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Tinubu To Spend N164million On Tyres

President Bola Tinubu has said that his government in 2025 will spend N164million on tyres for the State House bullet proof vehicles and the sum of N29.5million on buying and maintaining sports and gymnastic equipment for the State House Sports Club and State House Central Gymnasium.

This was contained in the 2025 fiscal appropriation bill (proposed budget) President Tinubu presented before the joint National Assembly – the Senate and the House of Representatives on Wednesday.

A review of the 2025 Executive Proposal of the proposed budget by SaharaReporters showed that Tinubu proposed that his administration will spend the sum of N12,815,481 for the purchase of sporting equipment for State House Sports Club.

Another N16,733,357 will be spent on the procurement 6/maintenance of equipment for the State House Central Gymnasium.

Further review of the proposed budget showed that the President proposed to spend the sum of N164.9 million on buying tyres for State House bullet proof vehicles, plain cars and Jeeps.

According to the official document of the proposed 2025 budget, Tinubu’s government will spend the sum of N164,990,169 on the purchase of tyres for bullet proof vehicles, plain cars, CCU vehicles, platform trucks, Jeeps, Ambulances and other utility and operational vehicles for State House.

Meanwhile, the N164.9million for the purchase of the vehicles including operational vehicles as indicated on page seven (7) of the 2025 proposed budget Executive Proposal official document, is different from N3,661,566,123 proposed for the purchase of State House operational vehicles on page eight (8) of the same document.

It is also different from the sum of N1,098,469,837 proposed to be spent on replacement of Sports Utility Vehicles (SUV) vehicles for the State House.

Meanwhile, Tinubu in his address on Wednesday while present the proposed budget before the National Assembly said, “This budget christened, “Budget of Restoration: Securing Peace, Rebuilding Prosperity,” strikes at the very core of our Renewed Hope Agenda and demonstrates our commitment to stabilising the economy, improving lives, and repositioning our country for greater performance.”

The President added, “The 2025 budget that I present today is one of restoration. It seeks to consolidate the key policies we have instituted to restructure our economy, boost human capital development, increase the volume of trade and investments, bolster oil and gas production, get our manufacturing sector humming again and ultimately increase the competitiveness of our economy.

“We do not intend to depart from this critical path to strengthen the Nigerian economy. Just as I believe in the resilience of our economy to withstand the current challenges, l also strongly believe in the resilience of the Nigerian people.”

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