Okonjo Iweala To Spend N1.1Billion Naira On Confabs And Food In 2013 (Budget)

Wow, is this for real... yes it is a confirmed story, I have no idea why they need that much, maybe they will be able to explain better on that... whichever ways, here is what Vanguardngr reporters have to say concerning the whole story.

By Soni Daniel, Regional Editor, North & Henry Umoru
ABUJA— The Coordinating Minister of the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, plans to spend N1,098,296,979 on sitting allowances and honorarium and another N43,515,655 on refreshment and meals next year.

The Office of the Minister also estimates that it would expend N43,381,673 million on cleaning and fumigation, just as it planned that security services would gulp a total of N36,829,446 million.

These figures are contained in details of the 2013 budget, which President Goodluck Jonathan presented to the National Assembly last Thursday.

The Ministry of Finance, which has a total allocation of N14,759,952, 110, will also spend N6,056,366,976 on personnel, N5,429,969,154 as overhead cost; N11,486,336,130 as total recurrent and N3,273,615,980 for capital.

According to the budget breakdown, the Ministry of Finance plans to spend N153, 922, 307 on local travels, N170, 922, 307 on international travels while N68,613,133 will be for local training and N68,883,133 on international training.

...Source

Views: 365

Tags: confab, food

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Comment by Ibrahim Inyas on October 17, 2012 at 12:32pm
Woooooooooooooo that's nice
Comment by sallymon on October 17, 2012 at 10:22am

What is my benefit in it.please stop provoking people with this senseless budget.Let them do whatever they like till the day of reckoning.

Comment by Matthew Obinna on October 16, 2012 at 9:06pm

And so what? How will my mother in the village benefit from the budget? Will the public schools become better so that parents will bring their children back from the high cost private schools? Will hospital bills be subsidized? Will school fees come down? Will employment become massive now? Will the roads become good so that accidents will reduce? Will the Nigerian people feel the  impact of this huge budget? Finally, which amount will go into political campaigns and election rigging?

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