Reps Remove N5 billion Presidential Yacht From Budget, Increase Students Loan Allocation

EKO HOT BLOG reports that the House of Representatives have removed the controversial N5 billion presidential yacht from the 2023 supplementary budget. Following the House’s approval of the N2.17 trillion supplementary budget on Thursday, Abubakar Bichi (APC, Kano), the chairperson of the House Committee on Appropriations, made this announcement. Speaking to reporters, Mr. Bichi stated … Read more

JUST IN: Tinubu Speaks On Request For N5 Billion Presidential Yacht

EKO HOT BLOG reports that the administration of President Bola Ahmed Tinubu, has debunked reports making the rounds online over plans to purchase a presidential yacht worth N5 billion. This news medium had earlier reported that the federal government is planning to spend N5 billion to purchase a presidential yacht in the 2023 Supplementary Budget. … Read more