Nigeria's legislators, for the first time in many years, revealed details of their budget following sustained public pressure.The budget revealed that Senators and members of the House of Representatives would spend N11.5bn on travel and transport; refreshment - N1.3bn; legislative activities - N21.4bn; vehicles - N6.6bn and consultancy - N5.88bn.

Others are publicity and advertisements - N3bn; fuel and lubricant - N2.1bn and security equipment - N1.5bn.

The passage of the budget came five months after it was presented by President Muhammadu Buhari.

They also raised the total budget from N7.298 trillion to N7.441 trillion, jerking it up by N143 billion.

They raised the proposed oil benchmark from $42.5 to $44.5 per barrels. The proposed exchange rate of N305 to a dollar and 2.2 million barrel per day oil production were maintained by the legislators.

In all, the National Assembly would spend N85.8bn on overhead, N14.9bn on capital, and N23.7bn for personnel costs.

The breakdown shows that the Management will spend (Personnel N6.7bn, Overhead N6.1bn and Capital N2bn, total N14.9bn) Senate: Personnel N1.8bn, OverheadN25bn and Capital N4.4bn total N31.3bn) House (Personnel N4. 9bn, Overhead N39.6bn, and Capital N4.4bn, total N49bn), National Assembly Service Commission (Personnel N961m, overhead N1.1bn and capital N309m total N2.4bn) and legislative aides (Personnel N8.9bn, Overhead N534m and Capita N150m total N9.6bn).

It further revealed that the Senate Public Account will get N118.9m, House Public Account N142.7m, General services (overhead N11.7bn and capital N816.9m total N12.5bn). Legislative Institute (personnel N416m, overhead N1.2bn and capital N2.7bn total N4.3bn) and Service wide vote N391m.

Highlight of the senate budget showed that N3.77bn has been earmarked for travel and transport. Out of which local travel and transport (Training) will gulp N498.6m; local travel and transport (others), N715.194m; international travel and transport (training) N1.021bn and International travel and transport (others) N1.541bn.

The Upper chamber is to spend N409.9m for refreshment and meals, while the sum of N1.472bn is for publicity and advertisement.

It also earmarked N10.9bn for legislative activities with Public and investigative hearings is getting N4.755bn; senate chamber N549.072m; contingency N1.305bn; senate programme activities N2.630bn; Senate administration N503m and Senate Committee activities will gulp N1.164bn.

Under the purchase of utility vehicles tagged, ‘ongoing projects’ the sum of N2.759bn would be spent while another sum of N1.247bn has been set aside for the purchase of security equipment.

The sum of N578m would be spent on fuel and lubricant, out of which motor vehicles fuel will get N228.7m and other transport equipment fuel, will gulp N183m. The document showed that N424m has been allocated for the purchase of photocopying machines and other office equipment.

The Senate will also spend N2.55bn on consulting and professional services, out of the amount legal services will gulp N1.27bn; Financial consulting N966m and Information Technology Consulting N320.2m.

As for the House, the document revealed that the total sum of N7.722bn would be expended on general travel and transport. From the amount, local travel and transport (Training) will get N1.128bn; local travel and transport (others) N1.644bn; international travel and transport (training) N2.2bn and international travel and transport (others) N2.79bn.

The lower chamber will spend N913.2m on refreshment and meals, while the sum of N1.555bn will be spent on publicity, advertisements and live coverage. For legislative activities of the House, the sum of N10.487bn has been earmarked with House chamber activities getting N1bn; House administration N619.5m; House committee activities N3.522bn; Public and investigative hearings N4.34bn; contingency N890.8m and public petition N109.8m.

In this year, the House would spend N3.845bn on purchase of vehicles for committees, presiding and principal officers, clerk and divisional heads. For photocopying machines and other equipment, N353.3m has been set aside. The security equipment of the House will cost N294.5m this year.

The House will spend N3.335bn on consulting and professional services with financial consulting getting N1.464bn; legal services N1.414bn and information technology consulting N457.5m. On fuel and lubricant, the House will spend N1.555bn this year.

What N/Assembly added to 2017 Budget

Chairman of the Senate Committee on Appropriation, Senator Danjuma Goje (APC, Gombe) and his House counterpart, Rep Mustapha Bala Dawaki (APC, Kano) while presenting the executive summary separately said with the expected revenue from the increase in oil benchmark, provision has been made for certain items, which resulted in the jerking up of the budget by N143bn.

They said there were provisions for the second Abuja runway, funding of the long abandoned Itakpe-Wari rail line and the Abeokuta airstrip as well as improvement of inland waterways.

The lawmakers listed some of the items to include judgment debts (justice ministry), N10bn; backlog of corps members’ allowances (ministry of youth and sports), N13.06bn; repairs of Abuja airport runway (transport ministry), N5.8bn; increase in personnel cost (18 MDAs), N5.1bn and UNESCO assessed contribution (education ministry), N1.2bn.

Others are subscription to shelter Afrique (power, works and housing ministry), N3.6bn; Economic Recovery and Growth Plan (service wide votes), N2.5bn; Amnesty Programme (service wide votes), N10bn; National Identitynagement Commission (SGF), N5bn and roads nationwide (power, works and housing ministry), N25bn.

In his remark, the Senate President, Senator Bukola Saraki said the budget if properly implemented would end economic recession in the country.

“I am very proud of what we have been able to achieve and we do hope that this budget of recovery that we believe has reflected equity, it has ensured efficiency and adequate resources to all relevant sectors and will go a long way in helping Nigerians to come out of the economic recession and create growth, “he said.

http://politicsngr.com/2017/05/12/national-assembly-will-spend-125-billion-naira-budget/

With the unimaginably huge amount of money allocated to running democracy in Nigeria, it is safe to say Nigeria has the most expensive democracy in the world. Nigeria is nothing but a doomed, visionless, and "fantastically" corrupt country where politicians and their cronies live like kings and queens while the governed live like paupers.

lol

OrestesDante:
N11.5bn on travel and transport; refreshment -
N1.3bn; vehicles - N6.6bn and consultancy -
N5.88bn. Others are publicity and advertisements -
N3bn; fuel and lubricant - N2.1bn and
security equipment - N1.5bn.

what's the meaning of all these? Nigeria was finished a long time ago!
Someone will now come and start telling me that there is no emblezzement.

Buhari is a fool

hmmm.. ok den

North korea pls drop a mini nuclear bomb in aso rock thank you

in this recession? God help us from this man made poverty in Nigeria

Philinho:
in this recession? God help us from this man made poverty in Nigeria

man made poverty

corruption has taken a new dimension..... for our leaders to come out boldly and show us this.... imagine 2.1 billion allocated for fuel.....21billion for legislative activities...Nigeria is doomed already

We need to be recolonized! That's my suggestion

They want to use diagram to confuse and deceive us.

The insensitivity of the elected
class is simply mind boggling.

Such ostentation & squandermania
in face of the current APC induced poverty hyperinflation, deprivation, poor or nonpayment of remunerations, insecurity etc.

The working ppl must wake up, join
the peoples vanguard and pull down
the pillars of neocolonialism & nascent
oligarchy.

A leader must emerge to lead the masses
on this march to enthrone true participatory
democracy or return us to militocracy.

The Oracle has spoken..

Lies! The caption should have been "how five politicians in the country will spend Nigeria's 125billion naira budget among themselves with the knowledge of the CBN governor and finance minister".

All Na Voice Mail And Wash,

its well

ok

Philinho:
in this recession? God help us from this man made poverty in Nigeria

Lol of a truth of poverty is truly man made

God help us

Which way nigeria

Nigeria... no wonder everyone want to travel out of this hell hole.

Intelligent people, rich Country but poor people....

Arise, O compatriots, Nigeria's call obey
To serve our fatherland
With love and strength and faith
The labor of our heroes past
Shall never be in vain
To serve with heart and might
One nation bound in freedom, peace, and unity.
Oh God of creation, direct our noble cause
Guide our leaders right
Help our youth and truth to know
In love and honesty to grow
And living just and true
Great lofty heights attain
To build a nation where peace and justice shall reign.
The Old National Anthem
Nigeria we hail thee
Our own dear native land
Though tribe and tongue may differ
In brotherhood we stand
Nigerians all and proud to serve Our sovereign motherland
Our flag shall be a symbol
That truth and justice reign
In peace or battle honour
And this we count as gain
To pass unto our children
A banner without stain
O God of all creation
Grant this our one request
Help us to build a nation
Where no man is oppressed
And so with peace and plenty
Nigeria may be blessed
The National Pledge
I pledge to Nigeria, my country
To be faithful, loyal, and honest
To serve Nigeria with all my strength
To defend her unity
And uphold her honor and glory
So help me God.

Issorait....Issokay
Well nice one Senate
I just have to be a senator in Nigeria
3bn for food!!!!! Abeg wetin dem dey chop...Are they eating live chicken every day....just wondering

The proposed exchange rate may not be feasible.

it is finished, world do end abeg. Niger Delta militants blow up the national assembly of rouges, boko haram do same abeg. na these people una suppose dey kill not innocent lives

N409 million for refreshments and meals!

It's a welcomed development ... let them keep chopping our money. We are here on nairaland

APC politicians are stealing the money right in our face atleast PDP did it behind us.