NewStats: 3,259,661 , 8,170,657 topics. Date: Sunday, 25 May 2025 at 06:25 PM 223cd

The Chief Whip of the Senate, Ali Ndume, has clarified the issue bordering on the controversial Presidential yacht said to be worth about N5 billion.

Ndume made this clarification while speaking on the review of the supplementary budget on Arise Television’s Morning show on Friday.

The All Progressives Congress Senator representing Borno South said the presidential yacht had been signed and delivered but not paid for before the public outcry, adding that the Senate has since added the required payment fee to the student loan budget.

Ndume said, “We queried the amount budgeted for the yacht, but it was signed for a dollar rate, and the new rate isn’t favourable. The budget was predicated for about N435, and now it is over N800.

“The Navy also clarified that it is not a new budget. And even the House of Representatives moved the budget to the Student loan. The deal for the yacht has been agreed, signed, and delivered but not paid for.”

Speaking on the N160m for Land Cruiser SUV for each lawmaker in the National Assembly, the Chief Whip stressed that it is not a new thing for government workers to be buying vehicles for official duties.

He maintained that the price of the vehicles was also affected by the volatility of the naira to dollar rate, adding that the vehicles are needed for the lawmakers.

“The reason why we did not choose Nigerian-made cars is because they don’t manufacture their vehicles, but they assemble them.

“I prefer Nigerian-made products, but the Nigerian car companies are only buying the vehicle parts and assembling them here.

He maintained that the reason for the SUVs is because most Nigerian roads are not motorable, adding that these vehicles are the only ones that could help them carry out their oversight functions.

Recall that The PUNCH had earlier reported that Nigerians condemned a part of the expenditures proposed in the 2023 supplementary budget the President submitted to the National Assembly for approval, including a proposal to spend N5.095 billion on a presidential yacht.

Reacting, the Presidency said the item named ‘Presidential Yacht’ as found in the 2023 Supplementary Appropriation Bill is not for President Bola Tinubu’s personal use.

This was, as it said, the naval boat bears such classification “because of the high-level security features.”

“What was named as a presidential yacht in the budget is an operational Naval boat with specialised security gadgets suitable for high profile operational inspection and not for the use of the President,” Special Adviser to the President on Information and Strategy, Bayo Onanuga, explained in a statement on Thursday evening.

Source: https://punchng.com/presidential-yacht-delivered-before-public-outcry-says-ndume/

Mynd44:
Funny.

As though the armies coming will walk in.

Without air defence Niger is finished

I'm from the north and I can tell you for free that some of the weapons Niger will use to fight Nigeria and Ecowas are bought by Nigerian government. I won't talk much for security reasons...

This is serious

What you cannot take at state level but you want Christians to take it at federal level. Sanwolu cannot appoint anyone without the approval of tinubu and Seyi Tinubu. For review to take place, another list will be send to Tinubu for approval.

Only f00lish Christians think we are one in this country

See the full gist. Nothing should be hidden

North did not get the juicy ministerial positions. Yoruba government

EcoNews:
Igbos go wan die

Na Hausas and Fulanis are dying. Since Obasanjo regime, na Hausas or Fulanis always become fct minister

They Niger army is sincere with the number and the cause of death. In Nigeria, when 20 , soldiers died, they will tell us it's only 3 that died.

For Atiku to start political visits, he must have gotten some confidential information about PEPT. it's all good.

Emilokan considering temporary subsidy is another political strategy for rerun.

Reality is dawning gradually on the people

It's too graphic. Please don't Nigerian Army.

The military is ill-equiped. How can AK47 bring down a helicopter?

Sponsored publication. CBN should be serious, not media racketeering.
See the current price

Things are very hard for many Nigerians. We hope things improve

A whole university? This is shocking. This will have negative impacts on learning process.

fyzaila:
She refused to forgive herself and move on. Kept herself trapped in the past which is hunting her present state.

Move to where? You are so childish. Her children are already preferring to live with their father and you are talking rubbish. The children are already hating her.

Moh227:




Like he has a choice

Sanctioned landlock country


Hunger games never started

.

Mumu. It's your country and ECOWAS that went and begged. Niger did not send any envoy to Nigeria. Burkina faso is already supplying free cereals to Niger.

This guy will vanish the way he appeared. So irresponsible.

Sleeping with Lere Paimo is the worst of them all. I cannot even have s3x with any woman Lere Paimo has had.
Too bad

NIfmod

See reactions

This protest is massive. Nigerians in Kano are protesting against ECOWAS decision for possible military intervention in Niger.

Watch the video here:
https://twitter.com/multimeverse/status/1690263844436799488?t=IzZXzapdkkWvCuQkkgohrw&s=19

"The president of ECOWAS member Cape Verde, Jose Maria Neves, spoke out against a military intervention on Friday and said his country was unlikely to participate in such a campaign."

Cape Verde is also against the ECOWAS madness

Russia has Wagner, Nigeria has Asari Dokubo. Why is ECOWAS crying like a baby? One thing is sure, ECOWAS army will meet a strong military resistance in Niger in a way that many ECOWAS soldiers will be wasted.

NIfmod

Tinubu think that soldiers will go to Niger, capture the military leaders within hours and restore Bazoum. What he doesn't know is that the interested parties are very determined and that could lead to the war taking up to 3 years.
Some Africans may decide to Niger army just because of their hate for , USA, and ECOWAS

I just sold $200 for N185,000. A dollar was bought from me by an Aboki at N925. Only knows how much he is going to buyers. If not because of payment of house rent, I will never sell my dollars now. Dollar will hit 1,000 before the end of August. Thank God for YouTube wey dey help me

It's now 925. Nobody will sell to you for 917

The north is speaking. Tinubu better listen....

90% of northern governors are Fulanis.

NIfmod

Let them fight in their own countries, not in Africa