Nigeria's Lawmakers Reject Plan to Buy Presidential Yacht 

Nov 3, 2023 · 41s
Nigeria's Lawmakers Reject Plan to Buy Presidential Yacht 
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Nigeria's lower chamber of parliament has rejected the government's plan to buy a presidential yacht for $6m. Abubakar Bichi says Lawmakers instead moved the $6m to the student loan budget,...

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Nigeria's lower chamber of parliament has rejected the government's plan to buy a presidential yacht for $6m.
Abubakar Bichi says Lawmakers instead moved the $6m to the student loan budget, doubling its allocation.
The budget also earmarks $36m for State House expenditure, including the purchase of luxury vehicles and the construction of a presidential office complex.
The government is also planning to spend $15m on the presidential air fleet.
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Author Africa Business Radio
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