Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • El-Rufai Slams ICPC With N1bn Suit Over Alleged Abuja Home Raid
    • Wike Revokes Redeemed Church, Justice Ministry, 483 Other Abuja Land Titles
    • After 37 Die In 2026, Fayemi Recalls Shutting Down Same Zurak Mine In 2017
    • Kano To Install Toll Gates On Major Entry Roads Over Insecurity
    • In Reps Since 1999, Meet Mutu Nicholas Ebomo, Nigeria’s Longest-Serving Lawmaker
    • Court Adjourns Mamu’s Fundamental Rights Suit Against AGF Over ‘Terrorist’ Designation
    • 10 Killed In Fresh Attacks On Two Plateau Communities
    • INEC Denies Migrating Voters, Explains Split Polling Units
    Facebook X (Twitter) Instagram
    NEWS POINT NIGERIANEWS POINT NIGERIA
    • HOME
    • NEWS

      El-Rufai Slams ICPC With N1bn Suit Over Alleged Abuja Home Raid

      February 23, 2026

      Wike Revokes Redeemed Church, Justice Ministry, 483 Other Abuja Land Titles

      February 23, 2026

      After 37 Die In 2026, Fayemi Recalls Shutting Down Same Zurak Mine In 2017

      February 23, 2026

      Kano To Install Toll Gates On Major Entry Roads Over Insecurity

      February 23, 2026

      In Reps Since 1999, Meet Mutu Nicholas Ebomo, Nigeria’s Longest-Serving Lawmaker

      February 23, 2026
    • COLUMN

      Board Of Peace, Bleeding Republic – By Dr Dakuku Peterside

      February 23, 2026

      Tinubu’s Executive Order And Nigeria’s Oil And Gas Industry – By Kazeem Akintunde

      February 23, 2026

      Andrew’s Arrest And Other Epstein Casualties: Lessons For Nigeria – By Martins Oloja

      February 23, 2026

      When Malawi Chose Patients Over Politics – By Hafsat Salisu Kabara

      February 23, 2026

      Nigerians Don’t Hate Corruption – By Jonathan Nda-Isaiah

      February 21, 2026
    • EDUCATION

      FG Names Prof. Adamu Acting Vice-Chancellor To Steer UniAbuja For Three Months

      August 9, 2025

      13 Countries Offering Free Or Low-Cost PhD Programmes For Non-Citizens

      January 25, 2025

      NECO: Abia, Imo Top Performing States In Two Years, Katsina, Zamfara Come Last

      October 3, 2024

      NBTE Accredits 17 Programmes At Federal Polytechnic Kabo

      August 20, 2024

      15 Most Expensive Universities In Nigeria

      May 19, 2024
    • INTERNATIONAL

      Farmers In Gaza Risk Israeli Bullets To Bring Their Fields Back To Life

      February 23, 2026

      US Secret Service Kills Man Trying To Access Trump Florida Estate

      February 23, 2026

      Israeli Army Kills Two Palestinians In strikes On Gaza During Ramadan

      February 22, 2026

      UK Weighs Removing Ex-Prince Andrew From Succession Line Amid Epstein Probe

      February 22, 2026

      Israel Blocks Palestinians From Attending Ramadan Friday Prayers At Al-Aqsa

      February 21, 2026
    • JUDICIARY

      FULL LIST: Judicial Council Recommends Appointment Of 11 Supreme Court Justices

      December 6, 2023

      Supreme Court: Judicial Council Screens 22 Nominees, Candidates Face DSS, Others

      November 29, 2023

      FULL LIST: Judicial Commission Nominates 22 Justices For Elevation To Supreme Court

      November 16, 2023

      Seven Key Issues Resolved By Seven Supreme Court Judges

      October 26, 2023

      FULL LIST: CJN To Swear In Falana’s Wife, 57 Others As SANs November 27

      October 12, 2023
    • POLITICS

      What Peter Obi May Lose If He Joins Coalition As VP Candidate

      May 25, 2025

      Atiku Moves To Unseat Wike’s Damagum As PDP Chairman, Backs Suswam As Replacement

      April 15, 2024

      Edo’s Senator Matthew Uroghide, Others Defect To APC

      April 13, 2024

      Finally, Wike Opens Up On Rift With Peter Odili

      April 2, 2024

      El-Rufa’i’s Debt Burden: APC Suspends Women Leader For Criticising Kaduna Gov

      March 31, 2024
    • SPORTS

      ‘He’ll Be Unstoppable’, Ex-Super Eagles Ighalo, Lawal Back Lookman To Shine In Spain

      February 23, 2026

      Eze Arsenal’s Derby Hero Again As Gunners Sink Tudor’s Tottenham

      February 23, 2026

      World Cup: Fresh Anxiety For Super Eagles As FIFA Fails To Address DR Congo Dispute

      February 22, 2026

      AFCON: Senegal Slams Morocco Over Prison Sentences, Fines For 18 Fans

      February 22, 2026

      ‘Landlord Removed Our Roof In Lagos’, Osimhen Opens Up On Painful Childhood

      February 21, 2026
    • MORE
      • AFRICA
      • ANALYSIS
      • BUSINESS
      • ENTERTAINMENT
      • FEATURED
      • LENS SPEAK
      • INFO – TECH
      • INTERVIEW
      • NIGERIA DECIDES
      • OPINION
      • Personality Profile
      • Picture of the month
      • Science
      • Special Project
      • Videos
      • Weekend Sports
    NEWS POINT NIGERIANEWS POINT NIGERIA
    Home - Tinubu Didn’t Ask For Presidential Yacht – Presidency

    Tinubu Didn’t Ask For Presidential Yacht – Presidency

    By Amina IbrahimNovember 2, 2023
    Tinubu Sad
    President Tinubu

    PRESIDENT Bola Ahmed Tinubu did not ask for a presidential yacht, Tope Ajayi, his spokesman, has said.

    BORNO PATRIOTS

    There has been outrage since details of the N2.1 trillion supplementary budget Tinubu submitted to the National Assembly were published.

    According to the budget, N5.09 billion was allocated for the yacht, N2.9 billion for sport utility vehicles for the Presidential Villa, and another N2.9 billion for the replacement of operational vehicles for the presidency.

    Silk

    The yacht was listed under the Nigerian Navy’s proposed capital expenditure of N42.3 billion.

    Reacting to the criticisms that have trailed the issue, Ajayi said he doubted if his principal needed one to perform the functions of his office.

    “The trending issues on social media since yesterday are two items in the 2023 supplementary budget. One is the provision for a presidential yacht in the supplementary budget by the Navy and the other is over N6 billion for vehicles to the State House.”

    “It is important to state clearly that President Bola Tinubu didn’t ask for a presidential yatch and I doubt he needs one to perform the functions of his office. From what I know, the request for a yacht, however it is named or couched in the budget is from the Navy and they must have operational reasons for why it is required.

    “The budget office should be in a position to also explain to the public why such expenditure should be accommodated now, considering the economic situation of the country. I must readily admit that the one reason our budgeting system has been a subject of public attack is the very simplistic way some of the line items are described by civil servants, who prepare the budget. Examples abound. Sometimes in 2016, an Enterprise Resource Planning ( ERP) project of the Ministry of Solid Minerals worth over N300m then was captured in that year’s budget as “website”. Naturally, it generated a massive controversy as people, rightly, asked to know the type of website that will be built with N300million.

    “It is important to say that journalism should enrich public enlightenment and not create an atmosphere of siege. It is poor reporting to always reduce State House budgetary provisions to the President and Vice President. When the State House makes provision for vehicles, it is reported as if it is the President that will use all the vehicles or eat all the food when a provision is made for food and catering services.

    Nigerian TAX Reform - Federal Goverment

    “We have had such inaccurate reporting in the past. A President and Vice President cannot, for any reason, spend N20 million naira to eat in a year if it is about the food they will eat as first and second families. How much food can a person really eat? Yet, we will read headlines that Tinubu, Buhari, Jonathan or whoever the President is wants to spend N5billion on food and catering in a year when in actual fact such budgetary provisions are made to accommodate many state events, meetings, hosting of VIPs, foreign dignitaries, and even visits by other Heads of State, and bilateral and multilateral meetings that the State House will deal with in a given year,” Ajayi wrote in a piece.

    National Orientation Agency Page UP
    Budget Navy Tinubu Yacht
    Share. Facebook Twitter WhatsApp LinkedIn Telegram Email

    Related Posts

    El-Rufai Slams ICPC With N1bn Suit Over Alleged Abuja Home Raid

    February 23, 2026

    Wike Revokes Redeemed Church, Justice Ministry, 483 Other Abuja Land Titles

    February 23, 2026

    After 37 Die In 2026, Fayemi Recalls Shutting Down Same Zurak Mine In 2017

    February 23, 2026

    Kano To Install Toll Gates On Major Entry Roads Over Insecurity

    February 23, 2026
    View 1 Comment

    1 Comment

    1. Osahon on November 2, 2023 8:20 pm

      They should appoint Obahagbon as a Special adviser on budgeting jargons. Since civil servants dont have the right jargons to use, lgodomigodo will create words that will hide the meaning from the public.

      Reply
    Leave A Reply Cancel Reply

    Latest Posts

    El-Rufai Slams ICPC With N1bn Suit Over Alleged Abuja Home Raid

    February 23, 2026

    Wike Revokes Redeemed Church, Justice Ministry, 483 Other Abuja Land Titles

    February 23, 2026

    After 37 Die In 2026, Fayemi Recalls Shutting Down Same Zurak Mine In 2017

    February 23, 2026

    Kano To Install Toll Gates On Major Entry Roads Over Insecurity

    February 23, 2026

    In Reps Since 1999, Meet Mutu Nicholas Ebomo, Nigeria’s Longest-Serving Lawmaker

    February 23, 2026
    Advertisement
    News Point NG
    © 2026 NEWS POINT NIGERIA Developed by ENGRMKS & CO.
    • Home
    • About us
    • Disclaimer
    • Our Advert Rates
    • Privacy Policy
    • Terms of Use

    Type above and press Enter to search. Press Esc to cancel.

    Join Us On WhatsApp