Presidency debunks report on Tinubu’s request for presidential yacht

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 94%

Nigeria Headlines News

Nigeria Latest News,Nigeria Headlines

The Presidency has debunked a report which said that President Bola Ahmed Tinubu's administration proposed an allocation of funds in the 2023 supplementary budget for the purchase of a N5.095 billion presidential yacht.

Nigeria President Bola Tinubu arrives for the closing session of the New Global Financial Pact Summit, on June 23, 2023 in Paris. – Nigeria’s Supreme Court on October 26, 2023 rejected the opposition’s challenges to President Bola Ahmed Tinubu’s election victory, validating his mandate after the last legal challenge. A seven-judge panel ruled as without merit opposition appeals over claims of fraud, electoral law violations and Tinubu’s ineligibility to run for president.

“From what I know, the request for a yacht, however it is named or couched in the budget is from the Navy and they must have operational reasons for why it is required. Naturally, it generated a massive controversy as people, rightly, asked to know the type of website that will be built with N300million.

“We have had such inaccurate reporting in the past. A President and Vice President cannot, for any reason, spend N20 million naira to eat in a year if it is about the food they will eat as first and second families.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in NG

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.

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.
Source: DailyPostNGR - 🏆 11. / 59 Read more »

Yacht listed in supplementary budget is naval vessel -- NOT for Tinubu, says presidencyNigeria's independent online newspaper
Source: thecableng - 🏆 2. / 80 Read more »

BREAKING: Presidency releases ‘4 facts’ on presidential yacht after outrage from NigeriansA Trusted Nigerian Newspaper
Source: NigeriaNewsdesk - 🏆 10. / 63 Read more »

Yacht In Supplementary Budget Is Naval Boat Not For Tinubu’s Use, Says PresidencyBreaking News, Nigerian News, Latest Videos, news video, Channels news, news online
Source: channelstv - 🏆 7. / 63 Read more »

BREAKING: Yacht listed in supplementary budget is naval vessel -- NOT for Tinubu, says presidencyNigeria's independent online newspaper
Source: thecableng - 🏆 2. / 80 Read more »

Presidency speaks on controversial N5 billion yacht for Tinubu“What was named as Presidential Yacht in the budget is an Operational Naval boat with specialised security gadgets suitable for...”
Source: PremiumTimesng - 🏆 3. / 78 Read more »