WHAT YOU NEED TO KNOW ABOUT 2017 BUDGET

Buhari to spend N2.9 billion Naira on Honorarium despite our present economic recession:
President Muhammadu Buhari, his vice Professor Yemi Osinbajo and others in the Presidency has planned to spend N2.9 billion on honorarium,Despite economic recession, allowances in 2017, details of the 2017 budget has revealed.

 According to Daily sun, it was reported that  President Buhari budgeted about N507 million for honorarium and sitting allowance in 2016 while his predecessor, President Goodluck Jonathan budgeted N174 million for the same purpose in 2015.

The budget further revealed that Buhari will spend N393 million, consisting of N188 million for honorarium and sitting allowances, N205 million would be spent on non-regular allowances, while the office of Vice President and Chief of Staff will take N21.3 million and N18 million, respectively.

The Economic and Financial Crime Commission (EFCC), an agency under the Presidency propose to spend N1.83 billion on honorarium and allowances while it’s total budget for 2017 is but at N17.202 billion making it the largest single allocation among the agencies under the presidency.CLICK HERE for more details.