Tuesday, 20 December 2011

2012 Budget: Presidency to Spend 1 Billion Naira on Food Subsidy

Taxpayers will spend a fortune feeding the president and his deputy next year
The Federal Government plans to spend approximately N1 billion in feeding its first and second citizens next year if the National Assembly approves President Goodluck Jonathan’s spending proposal as submitted to it last week. The president and his deputy will together enjoy N992.57 million worth of food and general catering services in 2012. According to a  detailed analysis of the N4.749trillion  budget the president presented to lawmakers last week, the cost of purchasing food stuffs, catering supplies, kitchen equipments for the president and his vice, and their offices, will cost the nation N992.57 million, about N7 million away from a billion naira.

2 comments:

  1. Can they please reduce the cost a little bit because up to 500 million people can be fed for a whole year if the best means of sustainability is pursued. Please, do not over-indulge if necessary and think about the world's poor! Thank you very much.

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