Nigeria's independent online newspaper
The presidency says the yacht listed in the supplementary budget is a naval vessel and not for President Bola Tinubu.
“What was named as Presidential Yacht in the budget is an Operational Naval boat with specialized security gadgets suitable for high profile operational inspection and not for the use of the President,” Bayo Onanuga, special adviser to the president on information and strategy, said in a statement on Thursday.
“It is called presidential yacht by way of nomenclature because of the high-level security features.”Advertisement “President Tinubu has consistently said that government is a continuum as he inherited both assets and liabilities of past administrations,” he said. “The payment request for the boat was part of the committed obligation submitted by the office of the Chief of Naval Staff to the Ministry of Defence. The total of the submitted requests was in excess of N200 billion out which N62 billion was approved by the President.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BREAKING: Yacht listed in supplementary budget is naval vessel -- NOT for Tinubu, says presidencyNigeria's independent online newspaper
Read more »
N5bn yacht in Supplementary Budget not for Tinubu – Presidency opens upThe Presidency on Thursday explained why a yacht was listed in the Supplementary Budget. According to the Presidency, the yacht is for the Nigerian Navy and not for President Bola Tinubu as widely believed. The explanation was contained in a statement signed the Special Adviser to the President on Information and Strategy, Bayo Onanuga.
Read more »
Dynasty of thieves, cancel purchase of N5bn presidential yacht – Shehu Sani, Sowore tell TinubuShehu Sani, a former Kaduna Central Senator, has urged President Bola Tinubu to cancel the purchase of N5 billion presidential yacht. Sani anchored his call on the fact that poor Nigerians are suffering.
Read more »
Tinubu didn’t demand for presidential yachtA presidential spokesman, Tope Ajayi said President Bola Tinubu did not ask for a presidential yacht.
Read more »