RUSSIA LAUNCHES MASSIVE DRONE AND MISSILE BARRAGE ON UKRAINE, KILLING AT LEAST 18 CIVILIANS AND STRIKING KYIV AND MULTIPLE CITIES. (PHOTO).

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 Russia launches massive drone and missile barrage on Ukraine, killing at least 18 civilians and striking Kyiv and multiple cities  Russia carried out a large-scale overnight assault on Ukraine, launching hundreds of drones and dozens of missiles that killed at least 18 civilians and wounded more than 100 others across multiple cities, officials said Tuesday. The strikes hit Kyiv, Dnipro and other regions, with emergency crews working through destroyed residential buildings where some victims were trapped under rubble. In Dnipro, rescuers recovered the bodies of a 3-year-old child and a mother and her 8-year-old son, while officials reported 12 deaths in the city and six in Kyiv. The bombardment stretched from night into daylight, with explosions reported across wide areas of the country. Kyiv residents had been on alert for days after warnings of a major aerial attack, including advisories for foreign diplomats to leave the capital. Despite those warnings, most remained in pl...
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FG EARMARKS N17BN FOR PRESIDENTIAL AIR FLEET, YACHT IN SUPPLEMENTARY BUDGET. (PHOTO).

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FG earmarks N17bn for presidential air fleet, yacht in supplementary budget

   
The federal government has earmarked N12.7 billion for the presidential air fleet in the 2023 supplementary budget.

The figure is in the recurrent expenditure of the office of the national security adviser (ONSA) with a total budget of N29.7 billion.

Other items in the budget proposed for the ONSA are the settlement of outstanding annual service legal agreement and bandwidth subscription for ONSA intelligence platforms (N4.7 billion); and operation MAD Thunder-NSA (N10 billion).

The ONSA said it would spend N2.2 billion as “part settlement of outstanding liabilities for procurement of treated/operational vehicles for State House and ONSA”.

Budgetary allocations to the presidential air fleet have historically elicited outcry from Nigerians, given the rising cost of maintenance.

TheCable had reported that Nigeria budgeted N73.3 billion for the presidential air fleet from 2011 to 2020. As of 2015, the number of jets in the presidential fleet stood at 10.

In 2016, former President Muhammadu Buhari promised to sell two of the jets to save costs.

The presidential fleet already received a N13 billion allocation in the 2023 approved budget.

N5BN FOR YACHT

The federal government also intends to spend N5 billion for the purchase of a presidential yacht. The proposed sum is under the capital expenditure of the Nigerian Navy’s budget.

According to the document, the navy will require N62.8 billion for its operations — with recurrent expenditure and capital expenditure gulping N20.4 billion and N42.3 billion, respectively.

On Monday, the federal executive council (FEC) approved the submission of a supplementary budget of over N2.17 trillion to the national assembly.

Following the president’s request for a “speedy” consideration and approval of the appropriation bill, the house of representatives and senate speedily passed the bill for a second reading.

A green light from the national assembly on the supplementary budget will raise Nigeria’s total 2024 budget to N28.17 trillion.

 

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