2022 budget: State House operations to gulp N24bn - News Summed Up

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2022 budget: State House operations to gulp N24bn


The amount, coming under ‘State Operations House – President,’ is made up of N2,861,041,921 for overhead and N21,974,763,310 for capital expenditure. Under the expenditure, the office is expected to continue the ongoing replacement of vehicles and spares with the sum of N1,600,000,000. State House headquarters will receive the sum of N12,313,408,181 with the components being N1,736,064,934 for personnel, N2,860,063,433 for overhead and N7,717,279,814 for capital. A further breakdown of the amount allocated to State House Headquarters for expenditure shows that salaries and wages will gulp N1,346,707,871; allowances and contributions, N389,357,063; regular allowances, N187,350,882; social contributions, N202,006,181; National Health Insurance Scheme (NHIS), N67,335,394, and contributory pension – employer contribution, N134,670,787. The State House Lagos Liaison Office had proposed for it in the 2022 budget the total sum of N301,391,917 comprising N95,280,402 for overhead and N206,111,515 for expenditure.


Source: Nigerian Tribune October 11, 2021 07:07 UTC



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