An investigation by SaharaReporters, utilising the public payments portal, reveals that Bola Tinubu’s trip to Addis Ababa, Ethiopia, for the African Union summit came with a hefty price tag of N1.041 billion, sparking concerns over excessive spending on international travel.
The trip was made in February 2024. The record revealed that on February 9, 2024, $692,265 was purchased with over N1.041 billion “for Mr Tinubu’s trip to Ethiopia.
This development however comes amid calls for a reduction in the cost of governance.
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In a related development, between February 24 and March 15, 2024, the Presidency recorded N650 million for presidential honorarium and transportation.
This implies that in 21 days, the Presidential honorarium cost the country N650 million.
An honorarium is a payment made as a gesture of appreciation for services rendered, where no fee is legally or customarily expected. It’s a voluntary expression of gratitude, rather than a mandatory compensation.
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