President, Muhammadu Buhari has earmarked N76.67 million for the payment of “Aso Rock rent.”
The N16.39 trillion budget has a deficit of N6.26 trillion.
The Minister of Finance, Zainab Ahmed, had said the government would source for more loans to fund the deficit.
According to the budget, the replacement of Villa telecommunications infrastructure will cost N400,000,000.
About N5, 231,101,743 was also earmarked for general rehabilitation and repair of fixed assets in the Aso Rock Presidential Villa.
A study of the proposal showed that rehabilitation/repair of office buildings will gulp N5,176,045,297, while residential building will take N55,056,446 out of the N150,590,609,934 expected to be spent by the Presidency.