Presidency’s foreign trips reportedly gulp N37.6 billion in just three years

44 minutes ago 4

The Presidency reportedly spent N37.64 cardinal connected statesmanlike trips, logistics, overseas speech and different travel-related expenses betwixt June 2023 and April 2026.

This is according to an investigation of GovSpend, a civic tech level created by BudgIT that simplifies and visualizes the Federal Government’s real-time treasury payments and existent expenditures.

The disclosure came arsenic President Bola Tinubu on Sunday left Abuja for Europe connected a three-week yearly vacation, with London arsenic his archetypal destination.

Official question records of President Tinubu showed that helium has spent astir 261 days extracurricular Nigeria, visiting astatine slightest 30 countries successful 51 overseas trips since May 29, 2023.

According to the GovSpend records, travel-related spending of of the President gulped N9.18bn successful the 2nd fractional of 2023, portion N25.26bn successful 2024, N2.7bn successful 2025 and N477.4m betwixt January and April 2026.

The investigation showed that the spending peaked successful 2024, driven mostly by overseas speech allocations and backing for the Presidential Air Fleet.

The records arsenic disclosed that $553,884, valued astatine N700.7m astatine applicable speech rates, was released for overseas trips involving First Lady Oluremi Tinubu betwixt 2023 and 2024.

Reacting, Transparency and Accountability Group President, Ayo Ologun, questioned the ineligible ground for backing authoritative overseas trips by the Firs...

Read Entire Article