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The troubled presidential yacht: Why Jonathan rejected navy’s proposal to buy yacht in 2010

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All the media platforms were on fire recently when it came to light that in the 2023 supplementary budget forwarded to the national assembly, the federal government had earmarked N5 billion for the acquisition of a presidential yacht, which was categorised under the capital expenditure of the navy’s budget.

This allocation sparked instant criticisms from Nigerians, particularly in light of the prevailing economic challenges and calls for a reduction in the cost of governance.

Amid the backlash, the presidency came out to explain that the yacht was a naval vessel and not for President Bola Tinubu.

A statement by the presidency said, “What was named as Presidential Yacht in the budget is an Operational Naval boat with specialized security gadgets suitable for high profile operational inspection and not for the use of the President,” Bayo Onanuga, special adviser to the president on information and strategy, said in a statement.

“It is called presidential yacht by way of nomenclature because of the high-level security features.”

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On Thursday, the senate and house of representatives passed the N2 trillion supplementary budget, but reallocated the appropriation for the yacht to the students’ loan programme.

‘IT WAS ORDERED BY BUHARI’S ADMINISTRATION’

On Thursday, the presidency said the naval boat was ordered by the navy during the administration of former President Muhammadu Buhari.

“President Tinubu has consistently said that government is a continuum as he inherited both assets and liabilities of past administrations,” the presidency said.

On Saturday, Adedotun Ayo-Vaughan, the director of naval information, according to TheCable, confirmed that the yacht was “ordered” during Buhari’s government and that payment for the executive boat was to be made later.

“The crux of the matter is that it was ordered under the previous administration and it was delivered. It was approved but there was no cash backing. The navy is not using it at all. It was just delivered. Decisions will have to be taken at all levels. We are just awaiting instructions,” he said.

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Furious with the development, Yusuf Gagdi, chairman of the house of representatives committee on navy, said the navy will be investigated over the procurement of the yacht without parliamentary approval.

“My committee has expunged that (the appropriation) from the supplementary budget,” he said.

“It is no more in the supplementary budget. Does navy procure a presidential yacht without payment and approval for it only for us to see it on the budget item? The house has asked the committee to investigate.”

IN 2010, JONATHAN REJECTED NAVY’S PROPOSAL TO BUY YACHT

However, unknown to many, this is not the first time that the navy would be seeking to acquire a presidential yacht.

In 2010, a similar request was made by the navy during the administration of former President Goodluck Jonathan, but it was hastily shot down.

According to a 2010 report by DailyTrust, the navy proposed to procure a presidential yacht for N3.3 billion ahead of the Nigeria at 50 anniversary celebrations in October 2010.

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Jonathan, however, turned down the request.

The newspaper quoted Ima Niboro, Jonathan’s spokesperson at the time, as saying that the former president directed the navy to liaise with the national assembly to seek the authority for a virement in order to use the funds for the repair of naval warships.

Virement is the process of transferring an approved budgetary provision from one operating cost element or capital project to another, during a financial year.

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Good Morning! Here Are Some Major News Headlines In The Newspapers This Beautiful Sunday: Benin Traditional Council suspends five chiefs for visiting Ooni

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1. Five officials in the Benin Kingdom have been suspended for allegedly engaging in sacrilegious conduct against Benin custom. The Benin Traditional Council, BTC, said their suspension was because they visited the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, where they “falsely” claimed to be emissaries of the Oba of Benin and rendered inaccurate account of the connection between the Benin Royal Dynasty and the Ooni-ship of Ife.

 

2. The executive chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede has appointed Michael Nzekwe as his chief of staff. He also appointed zonal directors for each of the 14 zonal commands of the commission.

 

3. One person died on Saturday when a gas tanker explosion occurred after an accident at Ita Oshin area of Abeokuta North Local Government Area of Ogun State. Chief Route Commander and Education Officer for Federal Road Safety Corps, FRSC, Florence Okpe, who confirmed the incident, on behalf of the sector commander, Anthony Uga, said the accident occurred at about 4:16 pm.

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4. The Naira yesterday recovered against the US dollar at the parallel market as it appreciated to N1280/$, according to market information obtained by Nairametrics from currency traders. This implied that the Naira appreciated by N120, representing a gain of 8.57 per cent when compared to the N1,400 to a dollar at which it traded on Friday.

 

5. Governor Siminalayi Fubara of Rivers State has said there is a fierce fight to destroy the state. He said this at the country home of Sir Celestine Omehia in Ubima community, Ikwerre Local Government Area of Rivers, on Saturday.

 

6. A resident of Osogbo, simply identified as Seun and the motorcyclist conveying her have been crushed to death in a road accident that occurred in Osogbo, Osun State. Seun was said to be a fashion designer and was also working with a real estate firm. It was gathered that the accident occurred Friday evening around OgoOluwa Area of Osogbo.

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7. The All Progressives Congress has demanded the cancellation of the just conducted local government election in Oyo State. The party claimed that the election was a “sham”, warning that if allowed to proceed, it may damage the state’s reputation.

8. The retired Commissioner of Police in Anambra State, Aderemi Adeoye has recounted how he fought the dreaded Niger Delta militants, the Book Haram terrorists in the North East and the Indigenous People of Biafra, IPOB, insurgents in the South East and survived all of them without a scar. Speaking during his pullout ceremony at the Alex Ekwueme Square in Awka, Adeoye said it was the grace of God that saved him during the dangerous moments.

 

9. Tragedy struck in Rivers State on Friday night when fire from a fuel-laden tanker consumed four persons and about 100 vehicles at the Eleme section of the East-West Road in Rivers State. It was learnt that the tanker collided with another vehicle, exploded and burst into flames that spread to other tankers and many other vehicles trapped in the gridlock.

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10. The Anambra State Police Command has arrested 16 notorious cultists and declared 21 others wanted. In a statement by the command’s spokesman, SP Tochukwu Ikenga, in Awka on Saturday, the feat was achieved following intensified efforts to end the resurgence of cult-related killings in Awka, the state capital.

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Shake-up in EFCC as Olukoyede appoints chief of staff, 14 directors

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Ola Olukoyede, chair of the Economic and Financial Crimes Commission (EFCC), has appointed Michael Nzekwe as his chief of staff.

 

As part of a restructuring drive, Olukoyede upgraded all the zonal commands of the EFCC to departments and appointed 14 new directors.

 

A statement by Dele Oyewale, EFCC spokesperson, said the security unit of the agency has been upgraded to a department with a chief security officer at the helm.

 

“To this effect, 14 new directors have been appointed to head each of the zonal commands,” Oyewale said.

 

Additionally, to bolster and fortify the security architecture of the commission, the security unit of the EFCC has been upgraded to a department with a seasoned officer appointed as director, security and chief security officer.

 

“A new department has also been created in the executive chairman’s office and it is headed by former Makurdi zonal commander of the EFCC, Mr. Friday Ebelo who also doubles as director and coordinator, special duties at the corporate headquarters of the commission.”

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Nzekwe was the commander of the Ilorin zonal command and a course one officer.

 

Nzekwe, a lawyer and an investigator, has served in various departments in the anti-graft agency — including legal and prosecution, operations (now department of investigations), internal affairs (now department of ethics and integrity), Servicom, and asset forfeiture.

The new chief of staff has attended trainings and courses at home and abroad, including the Advance Defence Intelligence Officers Course organised by Defence Intel Agency (DIA).

 

 

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Sierra Leone energy minister resigns over electricity crisis

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 Sierra Leone’s minister of energy, Kanja Sesay, has resigned after weeks of electricity crisis in the West African nation.

 

According to BBC, in his resignation letter on Friday, Sesay said he took full responsibility for the crisis.

 

In a statement, the government said the energy ministry has been placed under the direct supervision of President Julius Maada Bio, who will be assisted by two other officials.

 

Sesay’s resignation came hours after the government paid $18.5 million to two power providers, Turkish Karpowership and Transco-CLSG group.

 

Sierra Leone owed the two producers $40 million.

 

After two months of outages, power was restored in Freetown after the payments were announced.

 

Since mid-April, Freetown and the cities of Bo, Kenema and Koidu have experienced multi-day stretches without electricity.

 

Karpowership confirmed the payment in a statement.

 

“We are pleased to confirm that the electricity supply has returned to full capacity in Freetown,” the statement reads.

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The company has been supplying electricity to Sierra Leone since 2018 from a floating offshore unit, but it had reduced its capacity from 65 megawatts to just five in recent months due to payment issues.

 

It had previously cut supplies to Sierra Leone in September over unpaid bills.

 

In October, it briefly cut power to Guinea-Bissau, saying it had been left with no option “following a protracted period of non-payment”.

 

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