The Bola Tinubu-led administration has proposed allocation of funds in the 2023 supplementary budget, including ₦5.095 billion for the purchase of a presidential yacht.
This was made public through the detailed supplementary appropriation documents of Ministries, Departments, and Agencies obtained by Nairametrics.
In the supplementary budget breakdown, the Nigerian Navy has proposed a capital expenditure of ₦42.3 billion and a recurrent expenditure of ₦20.42 billion, totaling a budget estimate of approximately ₦62.8 billion.
The proposed budget covers various crucial initiatives, including the acquisition of vehicles, the construction of naval bases in Lekki and Epe, provision of critical equipment, and the purchase of ammunition.
One of the significant highlights of the proposed budget is the allocation of ₦5.095 billion for the purchase of a presidential yacht.
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See reactions below;
n6oflife: I totally support him. He should also buy a Space Rocket. City Boy. On your Mandate we shall Starve. 🚀🛥😇👍🏽.
kofo_of_buj: I don’t understand??? Are we all going to be having parties on the yacht 🛥️, with everything happening with the economy…. Why must you do this to us, WHYYYYYYYYYYYY???? It’s not fair…. Doing us wickedness and still rubbing it in our faces… haba.
seun_dreams: Dem call person City boy, wetin u expect🧑🏿🦯.
oare_friday: Make we dey look sha! Maybe after them don buy their own finish,them go come buy our own for us 😫😫😢.
yellowmouthdxb: Una never see anything. I dey abroad dey look una… Funny enough na their supporters hungry pass online. Hunger never start…
derickrose2: Believe everything you see on social media at your own risk ⛔️ But still y’ll that voted Tinubu,ur suffering just dey start werey