Federal Government spent ₦473 million to sponsor President Bola Tinubu's wife Oluremi Tinubu’s trips to three countries: the United Kingdom, Mozambique, and Ethiopia, according to data from the public payments portal Govspend.ng.
The government spent ₦126.295
million for the Remi’s trip to London, UK. In March 2024, this amount was
equivalent to $83,967, with an exchange rate of ₦1,504 per dollar.
For her trip to Addis Ababa,
Ethiopia, on February 9, 2024, the government spent ₦144.571 million. The
dollar equivalent was $96,118.
Additionally, ₦202.386 million
was spent for Remi’s trip to Mozambique in March 2024, which was equivalent to
$126,834.
All these expenditures were
recorded on the same day, March 15, 2024, on the Govspend website.
These expenditures come amid
growing concerns about the need to manage the country’s scarce resources more
effectively.
The Nigerian government has
repeatedly expressed concerns over inadequate revenue.
Organized labour groups have
recently demanded an increase in the minimum wage, a move that has sparked
disagreements, with the government citing a lack of funds as the reason for its
inability to comply.
Recently, a report emphasized
the government’s neglect in releasing budget performance reports during the
Tinubu administration.
This violation of the law
deprives citizens of access to information on government spending and its allocation
on a quarterly basis.
Additionally, the government
plans to borrow ₦6.6 trillion to address budget shortfalls, underscoring the
urgent need for prudent budget management.
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