BUSINESS DAY
Mohammed Idris, minister of information and national orientation on Monday confirmed that the presidential yacht which some N5.2 billion was provided in the 2023 supplementary budget, was actually delivered since June this year.
He was, however, silent on whether it was fully paid for since there has not been any appropriation for it to date.
The minister disclosed during a press conference in Abuja – his first since assumption of office.
The N5.2 billion provision for the yacht which got a push-back, was submitted by President Tinubu as a provision in the N2.17 trillion 2023 Supplementary Budget. It was approved by the Senate but rejected by members of the House of Representatives who, rather, reallocated the money for the student loan project.
This shows that the government is very sensitive, and always responding to the yearnings of all Nigerians and therefore, whenever there is any commentary or observation about some of the actions of government, it will continue to respond appropriately to the benefit of all Nigerians.”
According to him, the president is pleased with the speedy and decisive passage N2.17 trillion Supplementary Appropriation Bill by the National Assembly, thus guaranteeing the liquidity needed for critical interventions in road infrastructure, agriculture, student loan schemes, health, security, and housing, social investment, amongst other critical national needs.
