Categories: News

2022 Budget: Presidency To Spend ₦5.23bn On Renovation Of Aso Villa

  • The ongoing construction of the presidential wing in the State House Medical Centre is expected to gulp ₦21,974,763,310.

The Presidency is seeking to spend a sum of ₦5.231,101,743 for general rehabilitation and repair of fixed assets in Aso Villa, Abuja.

This was contained in the 2022 Appropriation Bill submitted to a joint session of the National Assembly last week.

A breakdown of the proposal showed that rehabilitation/repair of office buildings will gulp ₦5,176,045,297, while residential building will take ₦55,056,446 out of the ₦150,590,609,934 expected to be spent by the Presidency.

In the 2021 proposal, ₦4,854,381,299 was set aside for annual routine maintenance of mechanical/electrical installations in the Villa.

Read also: FG To Finance ₦6.258trn 2022 Budget With Fresh Loans

The ongoing construction of the presidential wing in the State House Medical Centre is expected to gulp ₦21,974,763,310.

According to the estimate, the ongoing phased replacement of vehicles and spares will cost ₦1.6bn compared to the ₦436m set aside for a similar purpose in the 2021 proposal.

About ₦180,089,000 is provided for purchase of tyres for bulletproof vehicles, plain cars, CCU vehicles, platform trucks, jeeps, ambulances and other utility and operational vehicles.

Last year, ₦116,194,297 was set aside for a similar purpose.

The replacement of Villa telecommunication infrastructure will take ₦400,000,000.

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Yinka Akanbi

Yinka is an aesthete and a cosmopolite.

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