Buhari plans to spend more on presidential air fleet in 2019 than 2017, 2018

The Nigerian government has proposed to spend N7.30 billion (7,297,022,065) on the Presidential Air Fleet (PAF) in the 2019 budget proposal, according to details obtained from the Budget Office of the Federation.

The proposed expenditure is about 67 per cent higher than the N4.37 billion appropriation in the 2017 budget, which consisted of N3.97 billion for recurrent and N399.5 million for capital projects.

The proposed expenditure is also a little higher than the N7.26 billion appropriation for PAF in the 2018 budget, with N4.3 billion recurrent expenditure and N2.8 billion capital expenditure.

The proposed amount includes N2.9 billion (2,936,125,212) earmarked for capital expenditure and N4.3 billion (4,360,896,853) proposed for recurrent expenditure.

In the 2019 proposal, which is subject to the approval by the National Assembly, a breakdown shows that at least N426 million has been budgeted for personnel cost, while about N3.9 billion would constitute total overhead.