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2022 Budget: President Buhari To Spend N1.6bn On New Vehicles

President Muhammadu Buhari’s government has set aside a whopping N1.6 billion for purchase of vehicles and spares.

This is contained in the budget proposal President Muhammadu Buhari presented to a joint session of the National Assembly on Thursday.

 

Buhari

The Minister of Finance, Zainab Ahmed, had said the government would source for more loans to fund the deficit.

According to the estimate, the ongoing phased replacement of vehicles and spares will cost N1.6bn compared to the N436m set aside for a similar purpose in the 2021 proposal.

About N180,089,000 is provided for purchase of tyres for bulletproof vehicles, plain cars, CCU vehicles, platform trucks, jeeps, ambulances and other utility and operational vehicles.

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Wisdom Nwedene studied English Language at Ebonyi State University. He is a writer, an editor and has equally interviewed many top Nigerian Politicians and celebrities. For publication of your articles, press statements, upload of biography, video content, contact him via email: nwedenewisdom@gmail.com

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