The spending plan was initially proposed by Tinubu as a option to tackle “urgent points” similar to protection and safety.
Nigerian President Bola Tinubu attends his swearing-in ceremony in Abuja, Nigeria Might 29, 2023. REUTERS/Temilade Adelaja
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Nigerian President Bola Tinubu attends his swearing-in ceremony in Abuja, Nigeria Might 29, 2023. REUTERS/Temilade Adelaja
Nigerian President Bola Tinubu has signed into legislation a $2.8 billion supplementary price range that features funding for brand new bulletproof automobiles for himself and his spouse, regardless of widespread criticism from residents going through a cost-of-living disaster.
The price range, which was authorised by lawmakers on Nov. 2, additionally contains allocations for a presidential yacht, official autos for the primary girl’s workplace and renovations to the president’s residential quarters.
The spending plan was initially proposed by Tinubu as a option to tackle “urgent points” similar to protection and safety.
The presidency defended the preparations for the yacht, describing it as an operational naval vessel with specialised safety devices.
Nevertheless, particular allocations to those areas had been overshadowed by the allocation of funds for objects thought of luxurious objects and for the renovation of the president’s residential quarters.
Opponents of the price range argued the spending was pointless and insensitive to the plight of extraordinary Nigerians, who’re struggling to make ends meet amid rising inflation and financial hardship.
Africa’s most populous nation is grappling with double-digit inflation, overseas foreign money shortages, a weakened naira, widespread insecurity and crude oil theft.
Tinubu, who was sworn in in Might, has been beneath strain from unions to offer reduction to households and employees. He requested Nigerians to be affected person with the reforms.
