Economy

Tinubu Government Allocates N164 Million For Armored Vehicle Tires In 2025 Budget Proposal

Following the official document of the proposed 2025 budget, Tinubu’s government will spend the sum of N164,990,169 on the purchase of tyres for bullet proof vehicles, plain cars, CCU vehicles, platform trucks, Jeeps, Ambulances and other utility and operational vehicles for State House.

 Meanwhile, the N164.9million for the purchase of the vehicles including operational vehicles as indicated on page seven (7) of the 2025 proposed budget Executive Proposal official document, is different from N3,661,566,123 proposed for the purchase of State House operational vehicles on page eight (8) of the same document.

 It is also different from the sum of N1,098,469,837 proposed to be spent on replacement of Sports Utility Vehicles (SUV) vehicles for the State House.

 Meanwhile, Tinubu in his address on Wednesday while present the proposed budget before the National Assembly said, “This budget christened, “Budget of Restoration: Securing Peace, Rebuilding Prosperity,” strikes at the very core of our Renewed Hope Agenda and demonstrates our commitment to stabilising the economy, improving lives, and repositioning our country for greater performance.”

 The President added, “The 2025 budget that I present today is one of restoration. It seeks to consolidate the key policies we have instituted to restructure our economy, boost human capital development, increase the volume of trade and investments, bolster oil and gas production, get our manufacturing sector humming again and ultimately increase the competitiveness of our economy.

“We do not intend to depart from this critical path to strengthen the Nigerian economy. Just as I believe in the resilience of our economy to withstand the current challenges, l also strongly believe in the resilience of the Nigerian people.”

Blessing Sani Iye

Blessing Iye Sani is a graduate of Banking and Finance From Federal Polytechnic Nasarawa, Nasarawa State she is a practicing journalist with high professionalism in reporting Financial and Political event. She is also a practicing investigative journalist.

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