Monday, January 18, 2016

Wow!!! Presidency revise 2016 budget, reduce car allocation from N8.09b to N1.34b

Wow that promising!!! According to Premium Time, the Presidency has drastically cut its N8.09 billion provision in the 2016 budget for the purchase of various brands of vehicles for State House operations during the year.

The President of the Senate, Bukola Saraki, had on Thursday accused the presidency of substituting the original copy of the budget presented by President Muhammadu Buhari to the National Assembly on December 22, 2015 with a new version.
Mr Saraki’s claim was the climax of days of suspense following claims and counterclaims that the document was missing.
A review of the fresh copy of the budget uploaded to the website of the Budget Office of the Federation on Friday showed a massive cut by about 83.5 per cent in the total allocation for the vehicles.
The government will now spend only N1.34 billion to buy only five BMW saloon cars and jeeps as well as buses for use by the Presidency during the year.

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