2024 Budget: Femi Gbajabiamila’s ₦21 Billion Proposal Raises Questions
December 6, 2023In the latest budget presentation for the year 2024, President Bola Tinubu’s Chief of Staff, Femi Gbajabiamila, is in the spotlight with a proposed allocation of ₦21 billion. The breakdown of this significant sum includes N10 billion for the renovation of the Chief of Staff’s official residence, N10.1 billion earmarked for computer software, and ₦290 million allocated for the purchase of vehicles.
Diving into the details, the proposed budget highlights specific allocations, such as ₦104 million for computers and printers dedicated to ‘local travel and transport for international training.’ Additionally, the Chief of Staff’s office is set to spend ₦579 million on miscellaneous expenses.
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This revelation has sparked discussions and debates over the allocation figures, raising questions about the priorities outlined in the proposed budget. Last week, President Tinubu submitted a comprehensive budget of ₦27.50 trillion for the year 2024 to the National Assembly. The budget, subsequently approved by the Senate and the House of Representatives, includes various sectoral allocations, a borrowing plan of ₦7.8 trillion, and an exchange rate of ₦700 to the US dollar.
As stakeholders scrutinize these allocations, the focus remains on ensuring transparency and accountability in utilizing public funds, prompting a closer look at the intended expenditures within the Chief of Staff’s domain.
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