In the N2.17tn supplementary budget passed in November 2023, the Federal Government had budgeted N3bn for the renovation of the vice president’s official residence in Lagos State and another N2.5bn for the renovation of his official residence located within the Aso Rock Villa in Abuja.
However, checks by @punchnewspapers correspondence using GovSpend, a civic tech platform that tracks and analyses the Federal Government’s spending, showed that a total of N5,034,077,063 was spent in May and September this year for the renovation of the VP’s Lagos residence.
A monthly breakdown of the amount showed that on May 31, 2024, the State House paid N2,827,119,051 to an engineering firm, Denderi Investment Limited, for the renovation of the official quarters of the vice president in Lagos.
