You are here: HomeBusiness2023 01 13Article 620681

Business News of Friday, 13 January 2023

Source: vanguardngr.com

2023 Budget: FG to spend N394.699m on purchase of vehicles, office equipment, gym

President Muhammadu Buhari President Muhammadu Buhari

The Federal Government, FG, has allocated N394.699 million for the purchase of official and monitoring vehicles, the establishment and management of an employees wellness centre, and the purchase of office equipment for the Office of the Head of Civil Service of the Federation, OHCSF.

Specifically, the purchase of official and monitoring vehicles for the commission, which is an ongoing project, gulps N250 million; the establishment and management of employee wellness centres otherwise known as gym centres are to gulp over N28,250,000; while the purchase of office equipment, which is a new project gulps over N167,074,371 with purchase of 100 2HP air conditioner.

The figure which is part of the federal government’s executive proposal in the 2023 Appropriation Bill also earmarked over N12.698 billion for the parent OHCSF.

Of the figure, the OHCSF gets N8.39 billion, with zero retained independent revenue and a capital of N1.95 million; Federal Government Staff Housing Loans Board, gets 392.56 million, with zero retained independent revenue and N1.95 million as capital.

Administrative staff college of Nigeria gets N1.69 million, with N675 million as retained independent revenue and N107.22 million as capital, while its overhead gulps N105.77 million.

The Bureau of Public Service Reforms gets N449.20 million, with zero independent revenue generation and a total of N105.71 million as capital, while Public Service Institute of Nigeria gets over N1 million, while its capital gulps N382.81 million and zero internally generated revenue.

OHCSF is responsible for the leadership, management and capacity development of the Federal Civil Service, which is the engine of governance and the administrative machinery for implementing the federal government’s policies and programmes.