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Tinubu Allocates ₦7 Billion for Travel Expenses in 2025
President Bola Ahmed Tinubu is set to spend ₦6.1 billion on international travel in 2025, according to details from the approved national budget. Additionally, ₦873 million has been earmarked for domestic travel, bringing the total travel expenditure for the President to ₦7 billion within the year.....KINDLY READ THE FULL STORY HERE▶
Vice President Kashim Shettima is also projected to incur travel expenses amounting to ₦1.314 billion for international trips and ₦417.488 million for local travel during the same period.
The substantial allocation for travel expenses has sparked discussions, especially given Nigeria’s ongoing economic challenges and limited revenue sources. Reports indicate that in 2024, the Tinubu administration spent approximately ₦36 billion on international travel alone. Data from the Open Treasury Portal revealed that the State House Headquarters allocated ₦12.2 billion for international travel and transport (training) and ₦24.19 billion for other international travel expenses, culminating in a total of ₦36.3 billion.
Similarly, significant funds were expended on local travel in 2024. The breakdown shows ₦15.8 billion for local travel and transport (training) and ₦31.2 billion for other local travel needs. This resulted in a cumulative travel expenditure of ₦83 billion for both domestic and international trips in 2024.
In defense of these expenses, Nigeria’s Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar, emphasized the necessity of international engagements for economic development. During a live interview on Channels TV, he argued that President Tinubu’s overseas visits have yielded significant benefits, including securing $2 million in investments from Brazil to boost Nigeria’s livestock sector and address the herders-farmers crisis.
Additionally, data from the GovSpend platform, as cited by the BudgIT Foundation, shows that between February and July 2024, the Nigerian government spent ₦2.3 billion on international travel for President Tinubu. Payments recorded included ₦300 million in January, ₦250 million in February, and multiple disbursements exceeding ₦9 million in March.
Further expenditures in May and July 2024 saw the government allocate ₦350 million each month for foreign trips. In total, over ₦2.9 billion was spent on foreign exchange to facilitate travel for President Tinubu, Vice President Shettima, and First Lady Oluremi Tinubu to countries such as Ethiopia, Switzerland, Liberia, France, and Côte d’Ivoire.
Despite concerns over these expenditures, government officials continue to justify them as crucial to fostering international partnerships and securing foreign investments for Nigeria.
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