Breakdown: Report Says Presidency Spends N34bn on Forex in 2 Years
7 Articles
7 Articles
Nigerians are sufficiently afflicted – Mahdi Shehu laments Tinubu’s N34bn foreign trips
Mahdi Shehu has criticised President Bola Tinubu over reports that the Presidency spent more than N34 billion on foreign travel within two years, describing it as “heartless governance.”Shehu made the comments in a post shared on X on Monday while reacting to a report which claimed that the presidency spent not less than N34.39 billion on foreign exchange purchases for international trips and related official duties over a 24-month period.Shehu …
How N34 Billion in Forex Travel Spending Tests Nigeria’s Accountability System
At a time when many Nigerians struggle to find dollars for school fees, hospital bills, and business needs, news that the Presidency spent over N34 billion on forex for travel and related logistics is worrying. Development Diaries reports that findings from The Punch show that the Presidency spent at least N34.39 billion on foreign exchange purchases for international travel and related obligations over a two-year period. The figure which was go…
Presidency’s forex bill hits N34bn in two years as travel costs draw scrutiny
At least N34.39bn was spent by the Presidency on foreign exchange purchases for international travel and related official obligations between 2024 and 2025, according to data compiled from GovSpend, the public expenditure tracking platform managed by BudgIT. The records, covering transactions by the State House, the Presidential Air Fleet (PAF), the Office of the Chief […]
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