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AFRICA NOW, News In Nigeria

#iPGN: Bugdet 2015: President Jonathan To Fuel Cars, Generators With N815.4 Million

The Federal Government has proposed the sum of N815.4m in this year’s 2015 budget for the purchase of fuel and lubricants for cars and generators for the Presidency, Office of the Secretary to the Government of the Federation and their parastatals.

The amount was contained in the 2015 budget breakdown which was obtained by our correspondent on Friday, in Abuja.

The 2015 proposal of N815.4m, for fuel and lubricants is seven per cent or N61,984,177 lower than the N877,472,369 approved in 2014.

Out of the N815.4m, the fiscal document shows that a provision of N131, 911,315 was made for fuel and lubricants for the State House in 2015.

The breakdown of the figure for state house shows that plant/generator fuel will consume N35, 344,855; motor vehicle fuel, N85, 843,802; and cooking gas/fuel, N10, 102,858; this year.

The State House received lesser provision of N122, 855,267 for fuel and lubricants in the 2014 fiscal year.

This was broken down into motor vehicle fuel, N79, 950,407; plants and generators, N33, 476,963, and cooking gas/fuel cost, N9, 427,898.

For the vice-president, the 2015 budget proposal shows a provision of a total sum of N38,203,617 for the purchase of fuel and lubricants.

This is 7.14 per cent or N2,548,624 lower than the 2014 provision of N35,654,993.

A breakdown of the 2015 budget proposal of the vice-president shows that fueling of motor vehicle will consume the sum of N21,734,332, fueling of plant and generator has a provision of N12,734,332, while cooking gas/fuel is expected to consume the sum of N3,820,453.

Other agencies under the presidency were also not left out of the provision for fuel and lubricants.

They are the Office of the Senior Special Assistant to the President-Millennium Development Goals with N2,794,080; Nigeria Institute of Policy and Strategic Studies,N13,000,000; Bureau for Public Enterprises, N12,518,641; and the National Emergency Management Agency with N13,964,000.

Others are the Economic and Financial Crimes Commission with a provision of N200,000,000; Bureau of Public Procurement, N17,179,301;Nigeria Extractive Industries Transparency Initiative, N3,469,326; Nigeria Atomic Energy Commission, N3,000,000; and the Office of the Chief Economic Adviser to the President, N2,919,062.

For the Office of the Secretary of the Government of the Federation, the budget breakdown shows that a provision of N48,181,702 was made for 2015.

Just like the presidency, the agencies under the office of the SGF also had similar provisions for fuel and lubricants. They are National commission for Refugees, N300,000; National Identity Management Commission, N46,063,109;National Merit Award, N7,504,843; Federal Road Safety Commission, N190,630,492 and New partnership for AfricanDevelopment, N10,773,600.

Others are National Action Committee on Aids, N3,000,000; National Hajj Commission, N11,131,012; Nigeria Christian Pilgrim Commission, N21,190,650; National Lottery Trust Fund, N2,400,000; National Lottery Regulatory Commission, N10,000,000; and Servicom N2,786,316.

The rest are Presidential Technical Committee on Land Reforms, N11,560,000; National Boundary Commission, N2,256,765; and Border Communities Development Agencies N6,350,361

The 2015 budget has a N4.358trn expenditure figure made up of N412bn for Statutory Transfers, N943bn for Debt Service, N2.61trn for Recurrent (Non-Debt) and N634bn for Capital Expenditure (inclusive of SURE-P).

While the recurrent vote is 85.8 per cent of aggregate budget, the capital expenditure is just 14.2 per cent of the aggregate spending (inclusive of SURE-P).

Posted From iProdigy Group Nigeria(Dabibi Ori-ibim’s Blog).


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About iPGN Admin

iRep Zenith of Greatness,Innovative,I am a Medical Scientist,HSE Officer,HIV-AIDS HelpDesk,Music Minister,Writer,I am a change triggering medium.

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