The State House has allocated N15.09 billion for the purchase of tyres for bulletproof vehicles, SUVs, operational vehicles, and plain cars, as well as for the construction of an office complex for Special Advisers and Senior Special Assistants.
Additionally, N5.49 billion has been proposed for the annual maintenance of the Presidential Villa.
These details were revealed in the 2025 Appropriation Bill, released by the Budget Office of the Federation on Thursday.
According to PUNCH Online, President Bola Tinubu presented the budget, titled “Budget of Restoration: Securing Peace, Rebuilding Prosperity,” to a joint session of the National Assembly on Wednesday.
Bola Tinubu
The budget outlines an ambitious N49.70 trillion spending plan, with a focus on defence, infrastructure, and human capital development. The proposed budget also includes a deficit of N13.39 trillion, to be financed through borrowing.
While addressing the National Assembly, President Tinubu emphasized his administration’s dedication to strengthening national security and rebuilding infrastructure.
In the appropriation bill, the State House, which serves as the administrative center for the executive arm, detailed its planned expenses. N164 million will go toward purchasing tyres for bulletproof vehicles, jeeps, platform trucks, and other operational vehicles.
Furthermore, N1.1 billion was allocated for replacing SUVs, while N3.66 billion is earmarked for the purchase of operational vehicles for the State House.
The document also specifies that N127.86 million will be spent on acquiring SUVs for the President and Vice President, under the office of the President.
Another N285 million is allocated for purchasing vehicles under the Chief of Staff’s office, while the Chief Security Officer to the President is set to receive N179.63 million for acquiring security and operational vehicles.
The budget further allocates N2.12 billion for honorarium and sitting allowances and proposes N1.83 billion for constructing an office complex for Special Advisers and Senior Special Assistants.
Earlier reports highlighted that the 2025 Appropriation Bill under review by the National Assembly includes N4.91 trillion for defence and security and N4.06 trillion for infrastructure projects such as the Lagos-Calabar Coastal Highway and the Sokoto-Badagry Highway.
Significant allocations were also made for education and health. Education is set to receive N3.52 trillion, including funding for Universal Basic Education and nine new higher institutions, while the health sector is allocated N2.48 trillion to enhance healthcare systems and provide essential drugs for public hospitals.
The budget is based on key economic assumptions, including a projected decrease in inflation from 34.6% to 15% and an improvement in the naira exchange rate from N1,700/$1 to N1,500/$1.
