Monday, October 15, 2012

BUDGET 2013: Okonjo-Iweala to spend N1.1bn on confabs, food

  

The Coordinating Minister of the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, plans to spend N1,098,296,979 on sitting allowances and honorarium and another N43,515,655 on refreshment and meals next year.
The Office of the Minister also estimates that it would expend N43,381,673 million on cleaning and fumigation, just as it planned that security services would gulp a total of N36,829,446 million.
These figures are contained in details of the
2013 budget, which President Goodluck Jonathan presented to the National Assembly last Thursday.
The Ministry of Finance, which has a total allocation of N14,759,952, 110, will also spend N6,056,366,976 on personnel, N5,429,969,154 as overhead cost; N11,486,336,130 as total recurrent and N3,273,615,980 for capital.
According to the budget breakdown, the Ministry of Finance plans to spend N153, 922, 307 on local travels, N170, 922, 307 on international travels while N68,613,133 will be for local training and N68,883,133 on international training.

Also N64,768,973 to fuel generators and SGF to spend N17,256,704 on refreshment.
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Haha! I dey laugh....Gucci & Versace government.
 

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