Top Stories

BREAKING: FG takes delivery of controversial Presidential yacht

FG has taken the delivery of the controversial Presidential yacht before public outcry, Ndume has clarified.

 

Advertisement

CityNews Nigeria reports that the Chief Whip of the Senate, Ali Ndume, has clarified the issue bordering on the controversial Presidential yacht said to be worth about N5 billion.

This Nigeria news platform understands that Ndume made this clarification while speaking on the review of the supplementary budget on Arise Television’s Morning show on Friday.

 

Advertisement

The All Progressives Congress Senator representing Borno South said the presidential yacht had been signed and delivered but not paid for before the public outcry, adding that the Senate has since added the required payment fee to the student loan budget.

 

Advertisement

Ndume said, “We queried the amount budgeted for the yacht, but it was signed for a dollar rate, and the new rate isn’t favourable. The budget was predicated for about N435, and now it is over N800.

 

Advertisement

“The Navy also clarified that it is not a new budget. And even the House of Representatives moved the budget to the Student loan. The deal for the yacht has been agreed, signed, and delivered but not paid for.”

 

Advertisement

Speaking on the N160m for Land Cruiser SUV for each lawmaker in the National Assembly, the Chief Whip stressed that it is not a new thing for government workers to be buying vehicles for official duties.

 

Advertisement

He maintained that the price of the vehicles was also affected by the volatility of the naira to dollar rate, adding that the vehicles are needed for the lawmakers.

“The reason why we did not choose Nigerian-made cars is because they don’t manufacture their vehicles, but they assemble them.

Advertisement

 

“I prefer Nigerian-made products, but the Nigerian car companies are only buying the vehicle parts and assembling them here.

Advertisement

 

He maintained that the reason for the SUVs is because most Nigerian roads are not motorable, adding that these vehicles are the only ones that could help them carry out their oversight functions.

Advertisement

 

Recall that Newsonline Nigeria had earlier reported that Nigerians condemned a part of the expenditures proposed in the 2023 supplementary budget the President submitted to the National Assembly for approval, including a proposal to spend N5.095 billion on a presidential yacht.

Advertisement

 

Reacting, the Presidency said the item named ‘Presidential Yacht’ as found in the 2023 Supplementary Appropriation Bill is not for President Bola Tinubu’s personal use.

Advertisement

 

This was, as it said, the naval boat bears such classification “because of the high-level security features.”

Advertisement

 

“What was named as a presidential yacht in the budget is an operational Naval boat with specialised security gadgets suitable for high profile operational inspection and not for the use of the President,” Special Adviser to the President on Information and Strategy, Bayo Onanuga, explained in a statement on Thursday evening.

Advertisement
citynews

Recent Posts

Some Of Tinubu’s Appointees Not Interested In Developing Nigeria – Galadima

A chieftain of the New Nigeria Peoples Party (NNPP), Buba Galadima, has called for a change…

22 hours ago

Tinubu Wasn’t The Person Who Removed Fuel Subsidy – Dogara

Former Speaker of the House of Representatives Yakubu Dogara on Friday said President Bola Tinubu…

23 hours ago

Fresh Details Emerge On How Bobrisky Spent Jail Term In Kirikiri Special Cell

More details emerged on Friday on what transpired during the six-month jail term of popular…

23 hours ago

#USDecides2024: Trump says if elected president he’ll get gas prices under $2 a gallon. Is that possible?

Donald Trump vows the price of gasoline will drop under $2 a gallon if he’s…

23 hours ago

BREAKING: EFCC Arrests Former Governor Over Alleged Fraud

Operatives from the Economic and Financial Crimes Commission (EFCC) have reportedly apprehended Darius Ishaku, a…

1 day ago

ALEBIOSU REITERATES THE POSITIVE ROLE OF FINANCIAL INCLUSION IN POVERTY ERADICATION AT UNGA ‘79

Lagos, 27 September 2024 – In an exclusive interview with Arise TV on the sidelines…

2 days ago