Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,205,626 members, 7,993,111 topics. Date: Monday, 04 November 2024 at 06:53 AM

Tinubu Speaks On Request For Presidential Yacht Worth N5 Billion - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Tinubu Speaks On Request For Presidential Yacht Worth N5 Billion (40598 Views)

What Is A Presidential Yacht? Thecable Takes You Into The World Of The Big Toy / What Is A Presidential Yacht? Countries With Presidential Yachts / FG Budgets ₦5bn For Presidential Yacht (2) (3) (4)

(1) (2) (3) (4) (5) (6) (Reply) (Go Down)

Re: Tinubu Speaks On Request For Presidential Yacht Worth N5 Billion by Abdulganiy69: 3:14pm On Nov 02, 2023
If that Is the way you think, tell Peter Obi to start the good work from his family, to local government then move the Good work to Anambra state so that the whole world will see.

4 Likes 3 Shares

Re: Tinubu Speaks On Request For Presidential Yacht Worth N5 Billion by Larryndelaw: 3:14pm On Nov 02, 2023
kabillionaire:
One day, the whole country will knee down and beg H. E. Peter Obi to come, take over and bring Nigeria back on track.
IPOB and Biafrw should beg him to be your president first and let's see. You mean Obi the pathological Liar who takes instruction from a.mad man

2 Likes 1 Share

Re: Tinubu Speaks On Request For Presidential Yacht Worth N5 Billion by ogelekpomgam(m): 3:14pm On Nov 02, 2023
BOSSkesh:
Igbos right now
People are suffering,things are getting hard..to eat food is now a luxury.All you can think of in your skull is igbos.thats a daft and senseless act.
Re: Tinubu Speaks On Request For Presidential Yacht Worth N5 Billion by Michikech(m): 3:15pm On Nov 02, 2023
Truth is coming out gradually.

Now a thing for Navy😂😂😂
Re: Tinubu Speaks On Request For Presidential Yacht Worth N5 Billion by EmmyMaestro(m): 3:15pm On Nov 02, 2023
Burob:
Mumu, Gombe get water?

It is the type of stories they will be telling
Re: Tinubu Speaks On Request For Presidential Yacht Worth N5 Billion by Trumpdonald5: 3:19pm On Nov 02, 2023
superCleanworks:


So Peter Obi can not be part of Nation Building without being president?
Is Sanwo Olu president?
Is Ben Ayade president?
Is Zulum president?
Is Otedola president?


Oga go and sleep

You are the one that obviously needs sleep. What part of nation building did the criminal partake during Jonathan's era? Was it not nation destruction? Now everyone should be part of Nation building with him. You all are sick.

1 Like

Re: Tinubu Speaks On Request For Presidential Yacht Worth N5 Billion by wittywriter: 3:19pm On Nov 02, 2023
IKBARUTEN11:
Is Tinubu planning to continue the powder trade using the yacht as means of shipping?
Possessedkid:
Nigerians are weak




Imagine a president toying with the country's funds and no one is doing anythingtu



If it were in a white man's country , kasala go burst


The black man's indeed cursed



Imagine after colonial rule nigeria is becoming worst than years back


Kushites:


BECAUSE YOU ARE BRAINLESS LIKE HIM.



Wittyness
Re: Tinubu Speaks On Request For Presidential Yacht Worth N5 Billion by bigtt76(f): 3:20pm On Nov 02, 2023
Instead of going back to question the Navy why they included Presidential Yacht when the president doesn't need it, this one come here de hala people wen expose them angry Abi Navy get another president ni?


lexylaw40kuti:
SEARCH
Naija News

Tinubu Speaks On Request For Presidential Yacht Worth N5 BillionPublished on 2 November 2023 at 11:25 AMBy Rachel Okporu Fadoju
Kindly share this story:

President Tinubu seeks Senate approval for an additional $7.8 billion and €100 million in his 2022-2024 borrowing plan
The administration of President Bola Ahmed Tinubu, has debunked reports making the rounds online over plans to purchase a presidential yacht worth N5 billion.
Naija News earlier reported that the federal government is planning to spend N5 billion to purchase a presidential yacht in the 2023 Supplementary Budget.

It was learned that the proposed sum is under the capital expenditure of the Nigerian Navy’s budget.

According to the breakdown, the Navy will require N62.8 billion for its operations, with recurrent expenditure and capital expenditure gulping N20.4 billion and N42.3 billion, respectively.

However, in a statement on Thursday, the Senior Special Assistant to the President on Media and Publicity, Temiope Ajayi, clarified that Tinubu didn’t request any yacht and did not need one to perform his function considering the current state of the economy.

According to him, the request for a yacht was framed in the Navy’s budget, and it is assumed that they have an operational reason for it.

The statement reads, “It has become a pattern for some individuals, CSOs and a section of the media to pick one or two line items every budget cycle for sensational headlines, deliberately ignoring context in their reporting.

“The public that should benefit from good journalism, which should primarily educate and adequately inform, is left confused and miseducated due to the mischaracterisation of issues and misrepresentation of facts.

“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. We have had such inaccurate reporting in the past.”

1 Like

Re: Tinubu Speaks On Request For Presidential Yacht Worth N5 Billion by NotProphet: 3:21pm On Nov 02, 2023
lexylaw40kuti:
SEARCH
Naija News

Tinubu Speaks On Request For Presidential Yacht Worth N5 BillionPublished on 2 November 2023 at 11:25 AMBy Rachel Okporu Fadoju
Kindly share this story:

President Tinubu seeks Senate approval for an additional $7.8 billion and €100 million in his 2022-2024 borrowing plan
The administration of President Bola Ahmed Tinubu, has debunked reports making the rounds online over plans to purchase a presidential yacht worth N5 billion.
Naija News earlier reported that the federal government is planning to spend N5 billion to purchase a presidential yacht in the 2023 Supplementary Budget.

It was learned that the proposed sum is under the capital expenditure of the Nigerian Navy’s budget.

According to the breakdown, the Navy will require N62.8 billion for its operations, with recurrent expenditure and capital expenditure gulping N20.4 billion and N42.3 billion, respectively.

However, in a statement on Thursday, the Senior Special Assistant to the President on Media and Publicity, Temiope Ajayi, clarified that Tinubu didn’t request any yacht and did not need one to perform his function considering the current state of the economy.

According to him, the request for a yacht was framed in the Navy’s budget, and it is assumed that they have an operational reason for it.

The statement reads, “It has become a pattern for some individuals, CSOs and a section of the media to pick one or two line items every budget cycle for sensational headlines, deliberately ignoring context in their reporting.

“The public that should benefit from good journalism, which should primarily educate and adequately inform, is left confused and miseducated due to the mischaracterisation of issues and misrepresentation of facts.

“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. We have had such inaccurate reporting in the past.”
i know they will try to make it be like what GEJ wanted to do then.
it was clearly stated presidential yacht on that budget, but agbadorians will always think they can fool everybody grin

1 Like

Re: Tinubu Speaks On Request For Presidential Yacht Worth N5 Billion by Jeezuzpick(m): 3:21pm On Nov 02, 2023
lexylaw40kuti:
SEARCH
Naija News

Tinubu Speaks On Request For Presidential Yacht Worth N5 BillionPublished on 2 November 2023 at 11:25 AMBy Rachel Okporu Fadoju
Kindly share this story:

President Tinubu seeks Senate approval for an additional $7.8 billion and €100 million in his 2022-2024 borrowing plan
The administration of President Bola Ahmed Tinubu, has debunked reports making the rounds online over plans to purchase a presidential yacht worth N5 billion.
Naija News earlier reported that the federal government is planning to spend N5 billion to purchase a presidential yacht in the 2023 Supplementary Budget.

It was learned that the proposed sum is under the capital expenditure of the Nigerian Navy’s budget.

According to the breakdown, the Navy will require N62.8 billion for its operations, with recurrent expenditure and capital expenditure gulping N20.4 billion and N42.3 billion, respectively.

However, in a statement on Thursday, the Senior Special Assistant to the President on Media and Publicity, Temiope Ajayi, clarified that Tinubu didn’t request any yacht and did not need one to perform his function considering the current state of the economy.

According to him, the request for a yacht was framed in the Navy’s budget, and it is assumed that they have an operational reason for it.

The statement reads, “It has become a pattern for some individuals, CSOs and a section of the media to pick one or two line items every budget cycle for sensational headlines, deliberately ignoring context in their reporting.

“The public that should benefit from good journalism, which should primarily educate and adequately inform, is left confused and miseducated due to the mischaracterisation of issues and misrepresentation of facts.

“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. We have had such inaccurate reporting in the past.”

Story!

In the budget, is there a yacht or not?

1 Like

Re: Tinubu Speaks On Request For Presidential Yacht Worth N5 Billion by Shawnnn01: 3:22pm On Nov 02, 2023
When you believe fake news from ipob do you ask for link


Sirmwill:


I meant


A link

That can be clicked


3 Likes

Re: Tinubu Speaks On Request For Presidential Yacht Worth N5 Billion by Earthquakes: 3:22pm On Nov 02, 2023
BOSSkesh:
Igbos right now

Igbos have proven to be the most political correct region in Nigeria like it or not. The last time Nigeria witnessed positive changes was during the government they supported, OBJ, Yaradua, GEJ, they didn't support Buhari see where we are today, now tinubu see how they burying the country. Remember you guys always say give buhari time then later "we can't wait for him to get out" now you asking for time for tinubu.
You may not like Igbos but if you are truthful to yourself you will know they have always been correct with choices

1 Like 1 Share

Re: Tinubu Speaks On Request For Presidential Yacht Worth N5 Billion by Possessedkid: 3:22pm On Nov 02, 2023
Kushites:


YOU ARE JUST A STUPID DUNCE.

YOU HAVE NO SINGLE BRAIN IN YOUR HEAD,

ANIMAL.

In “white man country”, they don’t have budget proposals from their navy that needs approval prior to release of funds?

STUPID DUNCE.


You're nothing but a keyboard warrior


All these things you wail ,you no fit talk am face to face


Keep supporting a chronic bed wetter because of your intense hate for igbos

1 Like

Re: Tinubu Speaks On Request For Presidential Yacht Worth N5 Billion by ttobizz(m): 3:24pm On Nov 02, 2023
Burob:
Oblivious Peasant how can you be fooled in your ignorance, na President they approve budget?

You dare to jump on my mention? A dual faced selfish calculating nitwit like you. Do you understand the function and powers of the Commander in Chief?

The presidential fleet is being reviewed and the Presidency is not suppose to be on the know, because the document falls within the purview of the legislature. How locked in foolishness can you be? Thick head!
Re: Tinubu Speaks On Request For Presidential Yacht Worth N5 Billion by BreakingNews21: 3:24pm On Nov 02, 2023
I think I made my teachers and school masters proud yesterday wink


https://www.nairaland.com/7898023/tinubu-speaks-request-presidential-yacht

Re: Tinubu Dynasty Of Thieves: They Want To Buy A Yacht For N5b - Sowore by BreakingNews21: 8:41pm On Nov 01

I read Sowore's low budget spreadsheet 10 whole times and didn't see a listing for a N5b Presidential Yacht.
I even opened the FB link and no Yacht info. grin
Re: Tinubu Speaks On Request For Presidential Yacht Worth N5 Billion by gabbasin(m): 3:25pm On Nov 02, 2023
kabillionaire:
One day, the whole country will knee down and beg H. E. Peter Obi to come, take over and bring Nigeria back on track.
we can all see how Anambra state has become another Dubai where everyone in Nigeria is migrating to, thanks to Obi the miracle worker
Re: Tinubu Speaks On Request For Presidential Yacht Worth N5 Billion by Monimaker22: 3:26pm On Nov 02, 2023
superCleanworks:


So Peter Obi can not be part of Nation Building without being president?
Is Sanwo Olu president?
Is Ben Ayade president?
Is Zulum president?
Is Otedola president?


Oga go and sleep

Oga tell your poster president to step down and become part of building Nigeria cos right now he's a confused old man. Empty head

1 Like

Re: Tinubu Speaks On Request For Presidential Yacht Worth N5 Billion by DIVINEEVIDENCE: 3:26pm On Nov 02, 2023
superCleanworks:


So Peter Obi can not be part of Nation Building without being president?
Is Sanwo Olu president?
Is Ben Ayade president?
Is Zulum president?
Is Otedola president?


Oga go and sleep

You elect a slowpoke as president and expect people outside the corridors of power to build the nation?

Clowns everywhere.

1 Like

Re: Tinubu Speaks On Request For Presidential Yacht Worth N5 Billion by MatrixCircle: 3:27pm On Nov 02, 2023
The government is based on lies. From the INEC to PEPT to Supreme Court all lying institutions.

Why should Nigerians believe this lies from Presidency. grin
Re: Tinubu Speaks On Request For Presidential Yacht Worth N5 Billion by uvie66: 3:27pm On Nov 02, 2023
God1000:
Nonsense, what operational reason does our navy have to own a yatch, they are just trying to save face
... the thing weak me, we all know a yacht is a luxury boat used for sailing and traveling for pleasure, so what operation is the Navy using a Yacht for??
Re: Tinubu Speaks On Request For Presidential Yacht Worth N5 Billion by fineberry(m): 3:28pm On Nov 02, 2023
Buhari Killed Nigeria, Tinubu is gradually burying it.
Re: Tinubu Speaks On Request For Presidential Yacht Worth N5 Billion by Possessedkid: 3:28pm On Nov 02, 2023
Kushites:


IPOB FOREIGNER.

WHAT ARE YOU EVEN DOING IN NAIRALAND?

YOU HAVE NO BUSINESS BEING HERE, YOU TRAITOROUS OUTCASTS. PARASITES.

GET LOST FROM HERE.

YOU ARE NOT NIGERIANS.

YOU ARE FOREIGN TERRORISTS WHO HATE NIGERIA.

FILTHY SECESSIONIST DOGS WHO THINK THEY HAVE A SAY IN NIGERIA.

YOU HAVE NO SAY. GET LOST.


Continue


By January, you go hear am


Keyboard Samurai Well done

Re: Tinubu Speaks On Request For Presidential Yacht Worth N5 Billion by FreeStuffsNG: 3:28pm On Nov 02, 2023
“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. We have had such inaccurate reporting in the past.”

Awon radio eleje

1 Like

Re: Tinubu Speaks On Request For Presidential Yacht Worth N5 Billion by uvie66: 3:29pm On Nov 02, 2023
Sheggy13:


The way some of those idiots talk about Peter Obi like he is some superhuman that will magically make Nigeria heaven overnight baffles me. For God's sake, this guy was very average as governor for 8 years in a period of oil boom. I suppose he made Anambra an Eldorado that other Nigerians are running to now. He couldn't even put in a place an effective fire service in the state, that they had to go to Asaba to get help. I really don't understand the hype.
....at least he will get rid of the office of the First lady
Re: Tinubu Speaks On Request For Presidential Yacht Worth N5 Billion by elipheleh(m): 3:29pm On Nov 02, 2023
superCleanworks:


So Peter Obi can not be part of Nation Building without being president?
Is Sanwo Olu president?
Is Ben Ayade president?
Is Zulum president?
Is Otedola president?


Oga go and sleep

The list you mentioned minus Perer Obi. Others are thieves. And Peter Obi dont role with thieves and pigs
Re: Tinubu Speaks On Request For Presidential Yacht Worth N5 Billion by Illegal1(m): 3:30pm On Nov 02, 2023
BOSSkesh:
On your mandate I still stand
omoh..........our kneel dn dey pain us to stand,we no stand again..
Re: Tinubu Speaks On Request For Presidential Yacht Worth N5 Billion by Brushstrokes20: 3:30pm On Nov 02, 2023
Lorry load of TRASH FOR LAWMA! shocked

The POVERTY CAPITAL of the world does not need a presidential yacht undecided

The citizens cannot be ENDURING while you criminal poliTHIEFcians are ENJOYING!..

... And the useless office of the first lady does not exist in the Nigerian constitution cool

eBOLA is all shades of nuisance 💯
ENOUGH OF NONSENSE 😏
Re: Tinubu Speaks On Request For Presidential Yacht Worth N5 Billion by Fearyourcreator: 3:31pm On Nov 02, 2023
kabillionaire:
One day, the whole country will knee down and beg H. E. Peter Obi to come, take over and bring Nigeria back on track.
Like Anambra bah... oponu

(1) (2) (3) (4) (5) (6) (Reply)

Obasanjo Receiving N300 Million Cheque From Femi Otedola In Throwback Photo / Coronavirus: Rivers Sends 150 Non-Indigene Vagrants To Their Home States / Aftermath Of Owo Church Attack: 70% Of Our People Have Left – Sarkin Hausawa

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 55
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.