Budget: Presidency overhead, personnel costs rise by N14.44bn

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Budget: Presidency overhead, personnel costs rise by N14.44bn
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The amount allocated for the Presidency in the 2023 Appropriation Act rose by N14.44bn, compared to the proposal delivered by the President, Major General Muhammadu Buhari (retd.), to the National Assembly in October 2022.

In 2016, 2017, 2018 and 2019, the Federal Government earmarked N67.57bn, N42.92bn, N59.34bn, and N51.21bn, respectively, for the Presidency.

When it was approved three months later on January 3, 2023, the National Assembly increased the provisions made by ministries, departments, and agencies by N58.55bn. However, Buhari directed the Minister of Finance, Budget and National Planning, Zainab Ahmed, to engage with the legislature to revisit some of the changes made to the executive budget proposal.

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