The 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.
The statement said, “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.”
Peoplesmind reports, however, that the House of Representatives had removed the N5 billion presidential yacht from the 2023 Supplementary Budget.
The budget was passed on Tuesday by the House after adopting the report submitted by the Chairman of the Appropriations Committee, Abubakar Bichi from Kano State.
Peoplesmind
