BY Mike Odeh, Abuja.
The State House has allocated N15.09 billion for purchasing tyres for bulletproof vehicles, SUVs, operational vehicles, and plain cars, alongside constructing an office complex for Special Advisers and Senior Special Assistants. Additionally, a budget of N5.49 billion has been proposed for the annual maintenance of the Presidential Villa. These allocations were revealed in the 2025 Appropriation Bill, released by the Budget Office of the Federation.
President Bola Tinubu presented this budget, titled “Budget of Restoration: Securing Peace, Rebuilding Prosperity,” to a joint session of the National Assembly. The ambitious spending plan totals N49.70 trillion, prioritizing defense, infrastructure, and human capital development and includes a projected deficit of N13.39 trillion to be financed through borrowing. During his address, Tinubu emphasized his administration’s focus on enhancing security and revitalizing the nation’s infrastructure.
The appropriation bill details that the State House, the administrative center for the executive arm, plans to spend N164 million on tyres for various vehicles, including bulletproof and operational vehicles. Within this budget, N1.1 billion is designated for replacing SUVs, while N3.66 billion is allocated for acquiring State House operational vehicles.
The bill further outlines N127.86 million for procuring SUVs for the President and Vice President, under the President’s office. The office of the Chief of Staff is set to spend N285 million on motor vehicles, and the Chief Security Officer to the President has been allocated N179.63 million for security and operational vehicles.
Furthermore, N2.12 billion is earmarked for honorarium and sitting allowances, and N1.83 billion is proposed for constructing an office complex for Special Advisers and Senior Special Advisers.
The proposed 2025 Appropriation Bill, currently under review by the National Assembly, includes allocations of N4.91 trillion for defense and security, and N4.06 trillion for infrastructure projects such as the Lagos-Calabar Coastal Highway and the Sokoto-Badagry Highway. Significant funding has also been planned for education and health, with N3.52 trillion allocated to education, supporting Universal Basic Education and new higher institutions, and N2.48 trillion for the health sector to enhance healthcare systems and provide essential drugs for public hospitals.
The budget’s framework is based on key economic assumptions, forecasting a reduction in inflation from 34.6 percent to 15 percent and an improvement in the naira’s exchange rate from N1,700 per dollar to N1,500 per dollar.
