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The State House has earmarked a significant portion of its budget—₦15.09 billion—for the purchase of tyres for bulletproof vehicles, Sport Utility Vehicles (SUVs), operational vehicles, plain cars, and the construction of an office complex for Special Advisers and Senior Special Assistants.
This was revealed in the detailed breakdown of the 2025 Appropriation Bill released by the Budget Office of the Federation on Thursday.
The budget document was presented to a joint session of the National Assembly by President Bola Tinubu on Wednesday under the theme “Budget of Restoration: Securing Peace, Rebuilding Prosperity.”
According to the document, the State House’s allocation includes:
– ₦164 million for the purchase of tyres for bulletproof vehicles, plain cars, jeeps, platform trucks, and operational vehicles;
– ₦1.1 billion for replacing SUVs;
– ₦3.66 billion for purchasing State House operational vehicles;
– ₦127.86 million for SUVs for the President and Vice President;
– ₦285 million for motor vehicles under the office of the Chief of Staff;
– ₦179.63 million for security and operational vehicles for the Chief Security Officer.
Additionally, ₦1.83 billion is earmarked for the construction of an office complex for Special Advisers and Senior Special Assistants, while ₦2.12 billion is allocated for honorarium and sitting allowances.
The 2025 Appropriation Bill, valued at ₦49.7 trillion, prioritizes critical sectors such as defence, infrastructure, education, and health:
₦4.91 trillion allocated for defence and security;
₦4.06 trillion for infrastructure, including projects like the Lagos-Calabar Coastal Highway and the Sokoto-Badagry Highway;
₦3.52 trillion for education, which includes funding for nine new higher institutions;
₦2.48 trillion for healthcare systems and essential drugs.
The budget also proposes N15.81 trillion for debt servicing and outlines a ₦13.39 trillion deficit to be financed through borrowing.
President Tinubu emphasized economic stabilization, projecting:
– A decline in inflation from 34.6% to 15%;
– An improvement in the naira exchange rate from ₦1,700/$ to ₦1,500/$.
During the budget presentation, Tinubu reaffirmed his administration’s dedication to enhancing security, revamping infrastructure, and investing in human capital development.
The budget now awaits legislative approval as the National Assembly deliberates on the appropriation.
