Nigerian Government to spend N4.8bn on Villa maintenance in 2018

The Federal Government is proposing to spend  N4.86bn in the 2018 fiscal year on maintenance  of the Presidential Villa, Abuja.

The budgeted amount for next year when compared to the N4.95bn allocated for annual routine maintenance of villa facilities in the 2017 budget represents a decline of about N90m.

In the 2016 budget, the sum of N3.91bn was allocated for annual routine maintenance of the Presidential Villa by the Federal Government.

The N4.86bn amount for this year is part of the N11.54bn total allocation made for the state house headquarters in the proposed 2018 budget.

The State House has a total capital allocation of N7.1bn while recurrent expenditure was estimated at N4.43bn

In 2017, the state house had a budget of N11.02bm made up of N6.52bn for capital project while recurrent expenditure was estimated at N4.49bn.

The 2018 budget was submitted last Tuesday to a joint session of the National Assembly by President Muhammadu Buhari.