Documents sourced from the portal showed that the sums of N200,583,390, N38,070,000, and N6,000,960, were respectively paid for these items, on May 21, 2024, just few days before the one year anniversary of the President.

The President Bola Tinubu-led administration through the State House in Abuja has made N244,654,350 for the supply of bulletproof tyres, according to data sourced from govspend, a portal that tracks government expenditure.

These payments totalling up to the amount were made in one day.

Documents sourced from the portal showed that the sums of N200,583,390, N38,070,000, and N6,000,960, were respectively paid for these items, on May 21, 2024, just few days before the one year anniversary of the President.

Bola Tinubu was sworn in as the President on May 29, 2023.

These developments on expenditures come amid economic hardship and funds paucity in the country.



According to Daily Trust, the documents revealed that two separate payments were made for the purchase and supply of tyres (no specified quantity) for bulletproof vehicles and another five armoured bulletproof tyres to Obi-Wealth Enterprises Nigeria Limited (RC-640684) for the sums of N200,583,390 and N38,070,000. This company is said to be inactive on the CAC portal.

Hommy & Fay Investments Limited, which is active on the CAC portal, handled the other part of the supply of an unspecified number of Westlake tyres (315/80R22) for N6,000,960.

It was also noted that attempts to get reactions from the presidency over the tyre expenditure did not yield result as several calls made to the Special Adviser to the President on Information and Strategy, Bayo Onanuga, did not go through

Source:

https://saharareporters.com/2024/06/26/state-house-spends-n244million-tyres-one-day-despite-hardship-under-tinubu-government[/quote]

Who said naija is broke

Wonderful initiative. It will boost the tire industry very well

Tinubu only came to destroy what's left of buhari government

Nigerians were warned about this useless man before the election

Tinubus opponents are just hating on his government, the N244million spent on tyres is necessary for smooth governance.

The worst part is that We don't even spend like borrowers

Tinubus leadership has brought Nigeria to a state where extravagance takes precedence over the peoples struggle.

Tinubus leadership has brought prosperity and growth, despite the false accusations and attacks from critics.

In the receipt they wrote purchase of tyres.But in actual fact that huge sum of money is stolen.