Contrary to reports that the Federal Government presented a budget of ten billion naira (N10billion)for approval by the National Assembly for its Nigeria @ 50 celebration, figures emerging from the National Assembly shows that the actual budget figure is in excess of N16 billion (precisely N16,372,217,977).

A review of the Supplementary Appropriation Bill 2010, submitted by the Executive and published in the National Assembly Journal of 24 June 2010, shows that allocations were made under various heads that add up to the said figure of N16.37 billion.

Under the budget proposal, the office of the Secretary of the Federation will spend N6.396 billion (precisely N6, 396,700,000) on among several items the following:

(a) Website design/hosting - N6 million

(b) Anniversary Logo- N30 million

(c) Publication of Compendium on the executives, legislature and the judiciary- N600 million

(d) International Friendly Football Match- N200 million

(e) Anniversary Parade, aerial display - N950 million.

Also in the budget is a vote of N100 million to replace the carpets at the International Conference Centre, while special Nigeria @ 50 celebration uniforms will be produced for the security services at N1 billion.

A golden Jubilee plaza will be constructed at the cost of N2.65 billion while its mounting will cost N10 million. Monuments, sculptures, towers, gifts, souvenirs and the National Stadium velodrome will cost Nigeria's tax payers about N1.5 billion.

The budget also includes a line item to spend N250 million on what it calls "equipment for safe aircraft parking at 5 airports" while the sum of N1 billion is to be spent on provision of additional parking at the Abuja airport.

The Abuja airport itself will gulp the sum of N1.3 billion for "renovation"


Source: http://placng.org/index.php/component/content/article/54-n164-billion-not-n10-billion-budgeted-for-nigeria-50-celebration

This guys are now gathering money for their 2011.
I beginning to doubt the sincerity of this Jonathan!

(d) International Friendly Football Match- N200 million

I though Johnny already banned all international matches- Yaradua is slow and atleast sick but this johnny boy is just something else!!!

I am a specialist in Logo Creation

My contact is kenny4jonathan@50.com

Mbeki:


(b) Anniversary Logo- N30 million

Bros you too wan hammer

part of national cake, i heard the militant will be putting on a display, they are alreadygetting training in calabar

no be Idris talk am say them dey chop the national cake wey their mama bake,if another person chop(Ibori)them go carry am goo prison ,them go say na treason.idiots in agbada uniform are all the same but different shapes and size.

My twin bros is a web designer. Atleast we will give at a reduce and affordable price - N4.5M

I won't be surprised if it hits N20 billion.

There is no other country in the world where corruption is so much entrenched in the daily activities of government, and the people so blase about it.

All the thieves will be rewarded tomorrow, that's how Nigeria runs - very useless country!