Significant Expenditure on Vehicles and Facilities
The State House will spend N15.09 billion in 2025 on tyres, vehicles, and constructing an office complex. This allocation supports Special Advisers and Senior Special Assistants. It forms part of President Tinubu’s N49.7 trillion “Budget of Restoration” presented to the National Assembly.
Breakdown of Proposed Expenses
The budget details reveal N164 million allocated for tyres for various vehicles, including bulletproof cars, SUVs, and operational trucks. Additionally, N1.1 billion has been set aside for replacing SUVs, while N3.66 billion will go toward purchasing operational vehicles. The President and Vice President’s offices are allocated N127.86 million for SUVs. Other notable allocations include N285 million for vehicles under the Chief of Staff’s office and N179.63 million for the Chief Security Officer’s operational vehicles.
Investment in Administrative Infrastructure
A significant N1.83 billion has been proposed for constructing an office complex for Special Advisers and Senior Special Assistants. The budget also includes N2.12 billion for honoraria and sitting allowances. These investments aim to enhance the operational capacity of the executive arm.
State House Maintenance and Operations
The State House plans to spend N5.49 billion on annual maintenance of the Presidential Villa, reflecting a commitment to maintaining the country’s seat of power. This allocation covers general upkeep and ensures smooth operations of government facilities.
National Budget Priorities
The broader 2025 budget prioritizes key sectors, with N4.91 trillion allocated for defense and security, N3.52 trillion for education, and N2.48 trillion for healthcare. Infrastructure projects, including the Lagos-Calabar Coastal Highway and Sokoto-Badagry Highway, will receive N4.06 trillion. These allocations aim to drive development and strengthen critical sectors.
Economic Projections and Goals
The budget is built on projections of reduced inflation from 34.6% to 15% and an improved naira exchange rate of N1,500 to the dollar. The government plans to finance the N13.39 trillion deficit through borrowing, signaling a commitment to meeting ambitious developmental goals despite economic challenges.
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