The proposed budget of N20.51tn for the 2023 fiscal year presented to the National Assembly last week by President Muhammadu Buhari shows a sum of N14.8bn is to be spent on Internet access.
The said portion of the budget will also cover expenses on stationery, and telephone charges, among others at the Aso Rock Villa, OsunDaily News learnt.
For more clarification, the federal government gave a breakdown of the expenses, noting that N67.1m would be spent precisely on the provision of the Internet to the Villa, while stationery and computer consumables would gulp N79m.
It explained also that N35.9m was allocated for electricity charges, telephone charges and water rates each got N306.2m, N6m and N40.6m respectively.
Out of the total budget for the Villa, N1.6bn would be spent on personnel costs.
Meanwhile, the sum of N35m was budgeted for books and newspapers, with newspapers alone taking N26.4m and books gulping N8.5m.
OsunDaily News understands that the overall approved budget is about N750bn higher than the N19.76tn earlier proposed in the 2023-2025 Medium Term Expenditure Framework and Fiscal Strategy Paper.
Ahead of the Federal Government budget presentation, the House of Representatives, on Thursday, passed the 2023–2025 Medium Term Expenditure Framework and Fiscal Strategy Paper, which the President earlier presented to the National Assembly.
The passage followed the consideration of the report of the Committee on Finance.
The House approved an aggregate FGN expenditure of N19.76tn, made up of total recurrent (non-debt) of N8.53tn; personnel costs (MDAs) of N827.8bn; capital expenditure (exclusive of transfers), N3.96tn; special intervention (recurrent) of N350bn; and special intervention (capital) of N7bn.
This article was originally published on OsunDaily News
