Why Is the Tinubu Presidency Planning to Spend N3.3 Billion on Vehicles and N115 Million on Tyres in 2026 Amid Calls for Government Prudence?
A review of Nigeria’s 2026 budget reveals that the Tinubu Presidency intends to spend N3.3 billion on vehicle procurement and replacements, with N115 million specifically allocated for tyres. According to the budget proposal, N2.5 billion is earmarked for the acquisition of State House operational vehicles, while N758 million is designated for replacing SUVs. Tyres for bullet-proof vehicles, ambulances, SUVs, and other operational vehicles are budgeted at N115 million, though comparisons with 2025 spending are difficult due to incomplete public data.
In 2025, N3.6 billion was set aside for operational vehicle purchases, and another N1 billion for SUV replacements. Reports from the Govspend public payments portal reveal that in 2024, the Presidency spent N366 million on tyres over three days, highlighting continued high expenditures on State House vehicles. Notably, N5.1 billion was spent on vehicle procurement between August 18 and September 9, 2024, including N3.4 billion for sixteen Toyota Prado vehicles and N1.7 billion for ten Toyota Camry V4 models, implying costs of N212 million per Prado.
This ongoing spending on SUVs and operational vehicles comes amid growing calls for fiscal prudence and transparency in government resource management. Analysts and civil society groups have raised concerns over the prioritization of luxurious vehicle procurement in a period of economic challenges, especially when compared to other critical areas of national expenditure.
The 2026 budget allocations for State House vehicles and tyres underscore a continued trend of heavy expenditure on presidential mobility and security infrastructure, reflecting both operational needs and ongoing debate over cost-effectiveness and accountability in Nigeria’s federal spending.
#TinubuBudget #NigeriaSpending #StateHouseVehicles
A review of Nigeria’s 2026 budget reveals that the Tinubu Presidency intends to spend N3.3 billion on vehicle procurement and replacements, with N115 million specifically allocated for tyres. According to the budget proposal, N2.5 billion is earmarked for the acquisition of State House operational vehicles, while N758 million is designated for replacing SUVs. Tyres for bullet-proof vehicles, ambulances, SUVs, and other operational vehicles are budgeted at N115 million, though comparisons with 2025 spending are difficult due to incomplete public data.
In 2025, N3.6 billion was set aside for operational vehicle purchases, and another N1 billion for SUV replacements. Reports from the Govspend public payments portal reveal that in 2024, the Presidency spent N366 million on tyres over three days, highlighting continued high expenditures on State House vehicles. Notably, N5.1 billion was spent on vehicle procurement between August 18 and September 9, 2024, including N3.4 billion for sixteen Toyota Prado vehicles and N1.7 billion for ten Toyota Camry V4 models, implying costs of N212 million per Prado.
This ongoing spending on SUVs and operational vehicles comes amid growing calls for fiscal prudence and transparency in government resource management. Analysts and civil society groups have raised concerns over the prioritization of luxurious vehicle procurement in a period of economic challenges, especially when compared to other critical areas of national expenditure.
The 2026 budget allocations for State House vehicles and tyres underscore a continued trend of heavy expenditure on presidential mobility and security infrastructure, reflecting both operational needs and ongoing debate over cost-effectiveness and accountability in Nigeria’s federal spending.
#TinubuBudget #NigeriaSpending #StateHouseVehicles
Why Is the Tinubu Presidency Planning to Spend N3.3 Billion on Vehicles and N115 Million on Tyres in 2026 Amid Calls for Government Prudence?
A review of Nigeria’s 2026 budget reveals that the Tinubu Presidency intends to spend N3.3 billion on vehicle procurement and replacements, with N115 million specifically allocated for tyres. According to the budget proposal, N2.5 billion is earmarked for the acquisition of State House operational vehicles, while N758 million is designated for replacing SUVs. Tyres for bullet-proof vehicles, ambulances, SUVs, and other operational vehicles are budgeted at N115 million, though comparisons with 2025 spending are difficult due to incomplete public data.
In 2025, N3.6 billion was set aside for operational vehicle purchases, and another N1 billion for SUV replacements. Reports from the Govspend public payments portal reveal that in 2024, the Presidency spent N366 million on tyres over three days, highlighting continued high expenditures on State House vehicles. Notably, N5.1 billion was spent on vehicle procurement between August 18 and September 9, 2024, including N3.4 billion for sixteen Toyota Prado vehicles and N1.7 billion for ten Toyota Camry V4 models, implying costs of N212 million per Prado.
This ongoing spending on SUVs and operational vehicles comes amid growing calls for fiscal prudence and transparency in government resource management. Analysts and civil society groups have raised concerns over the prioritization of luxurious vehicle procurement in a period of economic challenges, especially when compared to other critical areas of national expenditure.
The 2026 budget allocations for State House vehicles and tyres underscore a continued trend of heavy expenditure on presidential mobility and security infrastructure, reflecting both operational needs and ongoing debate over cost-effectiveness and accountability in Nigeria’s federal spending.
#TinubuBudget #NigeriaSpending #StateHouseVehicles
0 Комментарии
·0 Поделились
·531 Просмотры
