Reps re-allocate N5b earmarked for presidential yacht to student loan

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Reps re-allocate N5b earmarked for presidential yacht to student loan
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The House of Representatives on Thursday re-allocated the N5 billion that had previously been designated for the presidential yacht to the student loan in the 2023 supplementary budget.

The chairperson of the House Committee on Appropriation, Abubakar Bichi made this announcement during plenary where he said the House of Reps has dropped the proposed N5b presidential yacht.

The request was made public through the detailed supplementary appropriation documents of Ministries, Departments and Agencies obtained by Nairametrics. According to Ajayi, the public that should benefit from good journalism, which should primarily educate and adequately inform, is left confused and miseducated due to mischaracterisation of issues and misrepresentation of facts.The journey of the National Institute of Credit Administration ’s three-decade existence, particularly the bid to secure its chartered status, is a classic case that illustrates the combined power of vision, focus and persistence.

Kwara State Governor AbdulRahman AbdulRazaq on Thursday restated the administration's resolve to strengthen small and medium enterprises and make the environment more conducive for businesses to thrive. The Governor made this known in Ilorin at the official opening of the second edition of the Muslimah Entrepreneurs Trade Affair, where a variety of locally made…

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