Tinubu Presidency Spends ₦569m on Vice President Shettima’s Residence Renovation

 The Bola Tinubu administration has spent ₦569 million on the renovation of the Vice President’s official residence at the Presidential Villa, Abuja, according to public expenditure records.

Data from government payment portals show that the payment was made on September 15, 2025, through the Office of the Chief of Staff to the President, to Dederi Investment Limited. The transaction was listed as an additional cost for an ongoing renovation project at the Vice President’s Quarters.

The payment description reads: “Being additional payment for phase II renovation of Vice President Quarters.”

The expenditure forms part of a wider pattern of heavy spending on renovation and construction projects within the Presidential Villa. A review of the approved 2025 federal budget shows that the Federal Government earmarked ₦5.4 billion for the renovation of the Presidential Villa during the fiscal year, under the State House headquarters allocation.

The scale of these costs has drawn attention at a time when Nigeria is grappling with economic headwinds, including rising public debt, constrained revenue growth, and increasing pressure on public finances.

Public records indicate that similar spending trends were recorded in the previous year. In May 2024, the Tinubu administration spent ₦3.6 billion on the rehabilitation and renovation of residential buildings within the Villa. In the same month, an additional ₦8.5 billion was paid for the construction and provision of office buildings, bringing total Villa-related spending for that period to ₦12.1 billion.

Beyond the ₦569 million already disbursed for the Vice President’s residence, budget documents for 2025 also reveal that ₦298.3 million was allocated for the renovation of the Vice President’s guest house. A further ₦466.8 million has been planned for yet another round of renovation works on the Vice President’s Quarters.

Taken together, the figures show that billions of naira continue to be channelled into renovation projects within the Presidency, even as questions persist over government spending priorities, value for money, and fiscal sustainability amid widespread economic hardship.

SOURCE : SaharaReporters