The Presidency reportedly spent N37.64 billion on presidential trips, logistics, foreign exchange and other travel-related expenses between June 2023 and April 2026.
The figure is based on an analysis of GovSpend, a civic technology platform developed by BudgIT to track and simplify Federal Government treasury payments and expenditures.
The disclosure comes as President Bola Ahmed Tinubu left Abuja on Sunday for a three-week annual vacation, with London reportedly serving as his first destination.
Official travel records indicate that Tinubu has spent approximately 261 days outside Nigeria, visiting at least 30 countries across 51 foreign trips since assuming office on May 29, 2023.
According to the GovSpend analysis, travel-related expenditure linked to the President amounted to N9.18 billion in the second half of 2023, N25.26 billion in 2024, N2.7 billion in 2025 and N477.4 million between January and April 2026.
The spending peaked in 2024, with the analysis attributing much of the expenditure to foreign exchange allocations and funding associated with the Presidential Air Fleet.
The records also showed that $553,884, equivalent to about N700.7 million at the applicable exchange rates, was released for overseas trips involving First Lady Oluremi Tinubu between 2023 and 2024.
Reacting to the expenditure, President of the Transparency and Accountability Group, Ayo Ologun, questioned the legal basis for using public funds to finance official foreign trips by the First Lady.
“Because her office is not recognised by the law, if it is established that public money was spent on supposed official travels, the question should be: what is the duty?
“If it is spent on the wife of the President, that is abuse of power,” Ologun said.
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