Press "Enter" to skip to content

Tinubu, Shettima to spend N11 billion in 2026 Appropriation Invoice

President Bola Ahmed Tinubu and Vice-President Kashim Shettima are collectively budgeted to spend N11.03 billion on State Home operations in 2026 fiscal 12 months.

The figures have been extracted from the federal authorities’s funds particulars captured on web page 4 of 2026 appropriation invoice which was analyzed by Nairametrics.

The State Home Headquarters rising as the only largest value centre within the Presidency’s accredited funds. A complete of N43.191 billion has been earmarked for the headquarters, the seat of energy.

An in depth breakdown exhibits that capital expenditure of N30.487 billion accounts for the majority of the allocation.

Personnel prices are estimated at N2.643 billion, whereas N10.060 billion has been put aside for overhead bills.

Presidency budgeted N11.03 billion  

In response to the 2026 Appropriation Invoice, the President’s State Home Operations account is allotted N8.386 billion, whereas the Workplace of the Vice-President obtained N2.642 billion.

These allocations cowl the working of each workplaces, together with administrative and operational prices.

Additional particulars present that the Workplace of the Chief of Staff to the President has been allotted N1.360 billion, whereas the Workplace of the Chief Safety Officer obtained N371.240 million.

The State Home Lagos Liaison Workplace was budgeted N298.328 million, finishing the core Presidency spending framework for 2026.

Of the full allocation of N1.36 billion for the Workplace of the Chief of Staff to the President, N1.00 billion is put aside for overhead prices.

The funds additionally supplies N312.91 million for native coaching, N24.90 million for meals and refreshments, and N199.50 million for the acquisition of motor autos.

Spotlight of the Presidency Funds for 2026: 

  • State Home (Headquarters whole): N43.191 billion – whole
  • Personnel prices: N2.643 billion
  • Overhead prices: N10.060 billion
  • Capital expenditure: N30.487 billion
  • State Home Operations (President – whole): N8.386 billion
  • State Home Operations (Vice – whole): N2.642 billion
  • Workplace of the Chief of Staff to the President – whole allocation: N1.360 billion
  • Workplace of the Chief Safety Officer to the President – – whole: N371.240 million
  • State Home (Lagos Liaison Workplace – whole): N298.328 million

What the breakdown of Presidential Expenditures reveal: 

  • A breakdown of the Presidency’s allocation exhibits that recurrent and associated bills account for N7.61 billion of the full vote.
  • Of this quantity, N6.14 billion is earmarked for worldwide travels and associated bills, whereas N873.89 million is allotted to native journey and transportation.
  • Different spending objects embody N79.67 million for medicine and medical provides, N56.43 million for meals and refreshments, and N65.78 million for honorarium and sitting allowances.
  • The funds additionally supplies N14.63 million for publicity and commercial actions linked to the President’s workplace.

Vice-President’s Funds focuses on upkeep, renovation

The Vice-President’s N2.64 billion allocation contains N171.03 million for foodstuffs and catering supplies, whereas meals and refreshments are budgeted at N14.99 million.

Workplace stationery and pc consumables are anticipated to value N5.23 million, with N21.80 million put aside for honorarium and sitting allowances.

Vital provisions have been made for residential and facility upgrades.

The funds allocates N615.51 million for rehabilitation and repairs of residential buildings, N208.87 million for the renovation of the Vice-President’s quarters on the Presidential Villa, and one other N208.87 million for the renovation of the Vice-President’s Visitor Home in Asokoro.

An further N25.88 million is offered for the acquisition of printers, photocopiers, and media gear.

What it’s essential know

President Tinubu offered the N58.18 trillion 2026 Appropriation Invoice to a joint session of the Nationwide Meeting in December, describing it because the “Funds of Consolidation, Renewed Resilience and Shared Prosperity.” 

  • He stated the funds is aimed toward consolidating current financial reforms and changing enhancing macroeconomic indicators into higher residing requirements for Nigerians.
  • The President additionally introduced the tip of the long-standing follow of working a number of overlapping budgets.
  • In response to him, deserted tasks, inherited obligations, and perpetual funds rollovers have undermined fiscal self-discipline and efficient financial planning.
  • Tinubu said that by March 31, 2026, all excellent capital liabilities from earlier years can be absolutely funded and closed, including that Nigeria would function a single funds cycle from April 2026.

He famous that implementation of the 2025 funds was affected by transition challenges and competing execution calls for however assured that stricter timelines, improved income mobilisation, and stronger accountability would information funds execution going ahead.


..

Be First to Comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *