Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • I Won’t Join APC Despite Pressure From Presidency – Senator Natasha
    • Bayelsa Governor, Diri Orders Autopsy To Reveal Cause Of Deputy’s Death
    • No Going Back On Nationwide Protest Against Insecurity – NLC
    • Pregnant Woman, 18-Month-Old Son Killed In Kano Community Attack
    • Kano Court Restrains Anti-Graft Agency, Others From Interfering With MAAUN’s Affairs
    • Six Days On, Nigerian Soldiers Still Held In Burkina Faso As Diplomatic Pressure Mounts
    • Malami Detention Sparks Political Firestorm Between ADC, EFCC
    • ‘Why Judges Were Exempted From Police Withdrawal Order’, Chief Justice Clarifies
    Facebook X (Twitter) Instagram
    NEWS POINT NIGERIANEWS POINT NIGERIA
    • HOME
    • NEWS

      I Won’t Join APC Despite Pressure From Presidency – Senator Natasha

      December 14, 2025

      Bayelsa Governor, Diri Orders Autopsy To Reveal Cause Of Deputy’s Death

      December 14, 2025

      No Going Back On Nationwide Protest Against Insecurity – NLC

      December 14, 2025

      Pregnant Woman, 18-Month-Old Son Killed In Kano Community Attack

      December 14, 2025

      Kano Court Restrains Anti-Graft Agency, Others From Interfering With MAAUN’s Affairs

      December 14, 2025
    • COLUMN

      Five Years Without Brother Sam – By Jonathan Nda-Isaiah

      December 13, 2025

      Sam After Five – By Azu Ishiekwene

      December 12, 2025

      Why The Fight Against Digital Violence Cannot End On December 10 – By Boma West

      December 10, 2025

      Ribadu And Trump: A Lesson In Security Diplomacy – By Dr Hassan Gimba

      December 8, 2025

      Gold, Guns, And Gangs: How Illegal Mining Is Fueling Insecurity In Nigeria – By Kazeem Akintunde

      December 8, 2025
    • 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

      Israel Claims To Have Killed Senior Hamas Commander, Raed Saad, In Gaza

      December 14, 2025

      Belarus Frees 123 Prisoners Including Ales Bialiatski As US Lifts Sanctions

      December 14, 2025

      Fourteen Palestinians, Including Children, Die In Gaza As Storm Byron Hits

      December 13, 2025

      Baby Dies Of Exposure In Flooded Tent As Storm Byron Batters Gaza

      December 12, 2025

      Bulgarian Prime Minister, Top Government Officials Resigna After Mass Protests

      December 12, 2025
    • 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

      ‘How Nigeria Football Federation Forced Ekong To Retire’, Ex-Eagle Reveals

      December 14, 2025

      Messi Indian Tour Turns Violent As Fans Vandalise Stadium After Football Star’s Abrupt Exit

      December 14, 2025

      ‘Bring It Home!’, Mikel Obi Rallies Super Eagles Ahead Of AFCON 2025

      December 13, 2025

      Salah In Liverpool Squad For Brighton After Slot Talks

      December 13, 2025

      Uzoho, Onuachu Return, Okoye Omitted As Nigeria Unveils AFCON 2025 Squad

      December 12, 2025
    • 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.

    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

    I Won’t Join APC Despite Pressure From Presidency – Senator Natasha

    December 14, 2025

    Bayelsa Governor, Diri Orders Autopsy To Reveal Cause Of Deputy’s Death

    December 14, 2025

    No Going Back On Nationwide Protest Against Insecurity – NLC

    December 14, 2025

    Pregnant Woman, 18-Month-Old Son Killed In Kano Community Attack

    December 14, 2025
    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

    I Won’t Join APC Despite Pressure From Presidency – Senator Natasha

    December 14, 2025

    Bayelsa Governor, Diri Orders Autopsy To Reveal Cause Of Deputy’s Death

    December 14, 2025

    No Going Back On Nationwide Protest Against Insecurity – NLC

    December 14, 2025

    Pregnant Woman, 18-Month-Old Son Killed In Kano Community Attack

    December 14, 2025

    Kano Court Restrains Anti-Graft Agency, Others From Interfering With MAAUN’s Affairs

    December 14, 2025
    Advertisement
    News Point NG
    © 2025 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