• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
Nairametrics
Home Economy Budget

President Tinubu cuts expenditures on all travels by 60% 

Caleb Obiowo by Caleb Obiowo
January 9, 2024
in Budget, Economy
Tinubu, Nigeria, World Bank
Share on FacebookShare on TwitterShare on Linkedin

In a bid to significantly reduce the cost of government, President Bola Tinubu, on Tuesday approved the slash of expenditure on all international and local travels of government officials by 60%.  

The spokesperson of the President, Ajuri Ngelale, disclosed this via a televised broadcast on Tuesday and can be seen on the official X (formerly Twitter) handle of the Office of the SA on Social Media to President Bola Tinubu.  

Ngelale said that the initiative will be implemented across the entire federal government, including the offices of the President, the Vice President, and the First Lady.  

MoreStories

Enugu Govt to build Nigeria’s longest canopy walkway, first zipline 

Enugu posts N101.8 billion revenue, N43.9 billion IGR in Q1 2026

April 29, 2026
CBN cracks down on money laundering with new rules 

PMI falls below 50 as Nigeria records first contraction in 16 months – Report 

April 29, 2026

President Bola Tinubu Slashes Expenditure Of All Offical Travels (Domestic And International) By 60%.

●FOREIGN TRIPS :

•President – 20 persons
•Vice President -5 persons
•First Lady -5 persons

●LOCAL TRIPS

•President – 25 persons.
•Vice President- 15… pic.twitter.com/sZFQo8dX0l

— Office of the SA on Social Media to PBAT🇳🇬 (@Dolusegun16) January 9, 2024

  • “His Excellency, President Bola Tinubu has by his most recent directive approved a massive cost-cutting exercise that will cut across the entire federal government of Nigeria and the offices of the President himself, the Vice President and the official of the First Lady,” Ngelale stated. 

The spokesperson of President Tinubu further explained that fashion that the slash in travel expenditure of the President and the Vice President will involve the massive reduction of bills that accrued due to allowances of the security detail that accompany the President and Vice President during that local travels.  

According to Ngelale, the initiative of President Tinubu directs that security outfits within states, including the Police, DSS or other branches of the military, will frontline his protective detail when he travels to their states.  

The presidential spokesperson noted that the new security arrangement also applied to the offices of the Vice President and the First Lady.  

More Insights  

In addition, Ngelale disclosed that President Tinubu directed that for international travels, all his ministers in his cabinet will henceforth travel with a maximum of four (4) members of their staff, while Heads of agencies are limited to travel with a minimum of two (2) members of their staff.  

Furthermore, the President approved the maximum number of persons allowed to be part of his envoy for local and international travels.  

Here is the breakdown of the maximum number of persons to be part of the envoy of the President, Vice President, and First Lady: 

For foreign trips 

  • President – 20 persons  
  • Vice President – 5 persons  
  • First Lady – 5 persons  

For local trips 

  • President – 25 persons  
  • Vice President – 15 persons  
  • First Lady – 10 persons  

Add Nairametrics on Google News
Follow us for Breaking News and Market Intelligence.
Tags: Ajuri NgelalePresident Tinubu
Caleb Obiowo

Caleb Obiowo

Caleb Obiowo is a graduate of Urban and Regional Planning from the University of Uyo. At Nairametrics, he covers transport and logistics in Nigeria, along with real estate, construction, and aviation. He focuses on delivering clear, easy-to-understand stories and often digs deeper into industry issues through conversations with key players.

Next Post
Tony Elumelu’s companies record N278.8 billion capital gains in 2 days 

Tony Elumelu’s companies record N278.8 billion capital gains in 2 days 

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Luis Figo

rabafast

nairametrics




DUNS

Follow us on social media:

  • HOME
  • ABOUT NAIRAMETRICS
  • CONTACT US
  • DISCLAIMER
  • ADs DISCLAIMER
  • COPYRIGHT INFRINGEMENT

© 2026 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Login
  • Sign Up

© 2026 Nairametrics