Monday 11 October 2021

EFCC to spend N2 billion on transport fare

The Economic Financial Crime Commission (EFCC) says it will spend about N2 billion in 2022 to transport its operatives to various locations, including local and 

international training programmes.

A copy of the 2023 Appropriation Bill submitted by President Muhammadu Buhari to the National Assembly seen by Peoples Gazette shows that the anti-graft graft agency will spend N920,921,105 on “travels and transport – general.”

The amount is separate from the money allocated for international travel for training.

For “local travel and transport for training,” the EFCC plans to spend N81,316,531, while “local travels and transport others” will gulp N700,201,435.

“International travel: training” will take N80,752,521, while “international travel: others” will be at the cost of N58,650,618.

Mr Buhari’s regime has plans to borrow to finance the N6.258 trillion deficit in the proposed 2022 budget.

According to the Nigerian Domestic and Foreign Debt Report, published this year by the National Bureau of Statistics (NBS), the country’s total public debt under Mr Buhari watch as of September 2020 stood at N32.2 trillion ($84.57 billion).

Via Peoples Gazette

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