{"id":99538,"date":"2023-11-02T20:13:22","date_gmt":"2023-11-02T19:13:22","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/n5bn-yacht-in-supplementary-budget-not-for-tinubu-presidency-opens-up"},"modified":"2023-11-02T22:29:21","modified_gmt":"2023-11-02T21:29:21","slug":"n5bn-yacht-in-supplementary-budget-not-for-tinubu-presidency-opens-up","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/policy\/n5bn-yacht-in-supplementary-budget-not-for-tinubu-presidency-opens-up","title":{"rendered":"N5bn yacht in Supplementary Budget not for Tinubu \u2013 Presidency opens up"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>The Presidency on Thursday explained why a yacht was listed in the Supplementary Budget.<\/p>\n

According to the Presidency, the yacht is for the Nigerian Navy and not for President Bola Tinubu as widely believed.<\/p>\n

The explanation was contained in a statement signed the Special Adviser to the President on Information and Strategy, Bayo Onanuga.<\/p>\n

The statement said, \u201cWhat 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.\u201d<\/p>\n

However, that the House of Representatives had removed the N5 billion presidential yacht from the 2023 Supplementary Budget.<\/p>\n

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.<\/p>\n

For More News And Analysis About Nigeria<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. 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, […]<\/p>\n","protected":false},"author":84,"featured_media":99536,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,14],"tags":[1570,2140,254,158,945],"class_list":["post-99538","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-africa-press","tag-africa-press-nigeria-2","tag-nigeria","tag-presidency","tag-tinubu"],"yoast_head":"\nN5bn yacht in Supplementary Budget not for Tinubu \u2013 Presidency opens up - Nigeria<\/title>\n<meta name=\"description\" content=\"The Presidency on Thursday explained why a yacht was listed in the Supplementary Budget. 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