Disturbed by the dwindling revenues of the country, President Muhammadu Buhari approved only N70million for this year’s Independence celebrations.
While addressing journalists on Tuesday, the Secretary to the Government of the Federation, Babachir Lawal who was
represented by the Permanent Secretary in the Office of the Secretary to the Government of the Federation, has disclosed that President Muhammadu Buhari has approved only N70million for this year’s Independence celebrations.
According to the SGF, Buhari reluctantly approved the N70m after complaining that he would have preferred the money is diverted for the payment of workers salaries, adding that the president had argued that the money was too much to be spent on frivolities such as celebrations when Nigerians are
grappling to survive the present day economic stress.
Lawal said:”This year’s celebration is, indeed low key because the present administration appreciates the economic hardship that Nigerians and the nation is confronted with today and he almost slashed it downward from N70m.
“To address the situation, government has adopted a general policy to be very prudent in the management of our financial resources, so this year’s celebration is, therefore, in consonance with the cost-saving policy direction of this administration.
“Four events have been approved by the president to manage the entire celebration process. The events are: Jumat prayers, international thanksgiving service, ceremonial change of guards and a children’s party.
“Apart from these four events the president will also address the nation on Oct 1. To ensure a successful commemoration, four sub-committees have been constituted to handle the
preparations for each of the four events.”