JUST IN: TINUBU Govt Spent N473 Million On First Lady’s Tours; SEE Names Of Countries She Visited
In a development that has raised a lot of worries, the federal government of Nigeria has allocated a staggering sum of N473 million to sponsor the overseas trips of the country’ s First Lady, Oluremi Tinubu.
According to data obtained from the public payments portal Govspend. ng, these substantial funds were used to cover the First Lady’ s visits to three different countries- the United Kingdom, Mozambique, and Ethiopia.
The breakdown of these lavish expenditures is as follows: the Nigerian government spent N126. 295 million to facilitate the First Lady’ s trip to London, UK, in March 2024.
This amount was equivalent to $83, 967 at the prevailing exchange rate of N1, 504 per dollar. Furthermore, a sum of N144, 571 million was allocated for the First Lady’ s visit to Addis Ababa, Ethiopia, on February 9, 2024, with the dollar equivalent standing at $96, 118.
Interestingly, an even larger sum of N202. 386 million was spent on the First Lady’ s trip to Mozambique in March 2024, which amounted to $126, 834 based on the exchange rate at the time.
All of these expenditures were recorded on the Govspend platform on a single day, March 15, 2024.
This lavish spending on the First Lady’ s foreign trips has raised serious concerns among Nigerians about the need for accountability and prudent management of the country’ s limited resources, especially in the face of the ongoing economic challenges facing the nation.
The allocation of such substantial sums for these trips has drawn criticism from the public, who are calling for greater transparency and accountability in the government’ s spending decisions.
As the country grapples with pressing issues such as infrastructure development, healthcare, and education, the diversion of scarce funds toward the First Lady’ s overseas travel has been viewed by many as a misplaced priority that undermines the government’ s commitment to serving the best interests of the Nigerian people..
Source
SAHARA REPORTERS