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Hardship: Avoidable Multibillion Naira Expenses of the Presidency
While Nigerian citizens continue to groan under the weight of hardship stemming from various, government policies in the past 18 months, the presidency appears not to be aware of the pain and frustration. Public discontent continues to grow over the President Bola Ahmed Tinubu administration’s purchase of a new presidential jet.The government has reportedly allocated…
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Peter Obi Speaks on the N5 Billion Presidential Yacht, Budget for Office of First Lady
The Candidate of the Labour Party (LP) in the 2023 Presidential election, Peter Obi, on Monday, gave his opinion about the controversial N5 billion presidential yacht and provisions for the office of the First Lady. Both budgets were captured in the 2023 Supplementary Budget under President Bola Ahmed Tinubu’s administration. Obi spoke during a press…
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Nigerian Navy Takes Delivery of Presidential Yacht
The Nigerian Navy on Friday, confirmed that it has taken delivery of the N5 billion presidential yacht captured in the 2023 supplementary budget submitted to the National Assembly. The move comes contrary to the hope of the Nigerian public that the procurement would be halted on account of widespread criticism. This also comes in the…
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JUST IN ! Presidency Bows to Pressure, Passes Presidential Yacht Budget to Student Loans (details)
Apparently heeding the public outrage that greeted the announcement that the N5 billion has been earmarked for a luxury presidential yacht, the presidency has dropped the plan. The House of Representatives on Thursday afternoon announced that the expenditure for the yacht in the 2023 supplementary budget has been transferred to student loan expenditure. The Chairman,…
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Presidency Speaks about Tinubu Requesting for Presidential Yacht
Tope Ajayi, the spokesperson of President Bola Ahmed Tinubu has said the president did not ask for a presidential yacht. There has been outrage since details of the N2.1 trillion supplementary budget Tinubu submitted to the National Assembly were published. According to the budget, N5.09 billion was allocated for the yacht, N2.9 billion for sport…
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‘N5 Billion Presidential Yacht ! Yours Is a Dynasty of Thieves !’ – Sowore Lambasts Tinubu
Omoyele Sowore, the 2023 presidential candidate of the African Action Congress (AAC), has condemned the proposed purchase of a N5 billion presidential yacht. Sowore described President Bola Tinubu’s administration as a dynasty of thieves, adding that he is trying to deceive Nigerians. Tinubu’s administration had proposed allocation of funds in the 2023 supplementary budget, including…