The State House has earmarked ₦15.09 billion for the purchase of tyres for bulletproof vehicles, SUVs, operational vehicles, and plain cars, alongside the construction of an office complex for Special Advisers and Senior Special Assistants.
This was revealed in the newly released 2025 Appropriation Bill, presented by President Bola Tinubu to the National Assembly on Wednesday. The budget, titled “Budget of Restoration: Securing Peace, Rebuilding Prosperity,” outlines a ₦49.7 trillion spending plan for the year ahead.
The detailed appropriation document highlights expenditures, including ₦164 million for tyres for bulletproof vehicles, jeeps, and platform trucks; ₦1.1 billion for the replacement of SUV vehicles; ₦3.66 billion for the purchase of operational vehicles for the State House; ₦127.86 million for SUVs for the President and Vice President; ₦285 million for vehicles under the office of the Chief of Staff to the President; ₦179.63 million for security and operational vehicles for the Chief Security Officer to the President; ₦1.83 billion for constructing an office complex for Special Advisers and Senior Special Assistants; and ₦2.12 billion allocated for honorarium and sitting allowances.
Additionally, the State House has proposed ₦5.49 billion for the annual maintenance of the Presidential Villa.
The budget also includes allocations of ₦4.91 trillion for defence and security, covering equipment procurement and personnel welfare; ₦4.06 trillion for infrastructure projects, including the Lagos-Calabar Coastal Highway and the Sokoto-Badagry Highway; ₦3.52 trillion for education, supporting Universal Basic Education and nine new higher institutions; and ₦2.48 trillion for health to strengthen healthcare delivery and ensure the availability of essential drugs.
President Tinubu’s administration anticipates funding the ₦13.39 trillion deficit through borrowing, raising concerns among analysts and citizens. Economic projections for the budget include reducing inflation from 34.6 percent to 15 percent and improving the naira exchange rate from ₦1,700/$ to ₦1,500/$.
While supporters commend the budget’s focus on restoration and growth, critics argue it may be overly ambitious given the nation’s economic challenges.
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