The House of Representatives has moved the proposed allocation for the procurement of a Presidential Yacht to the student loan policy of the Federal
Government, thereby increasing it from N5.5billion loan to N10billion in the 2023 supplementary budget.
“If you recall, the student loan was N5billion in the budget, but we have increased it to N10billion,” he said. Earlier, the House approved the N2.18trillion supplementary budget for the 2023 fiscal year requested by the President Bola Tinubu-led federal government.
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