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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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Some varsity students kidnapped by gunmen have been rescued, says Kogi government

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The Kogi state government says some students abducted from the Confluence University of Science and Technology (CUSTEC) Osara have been rescued.

 

The government said the kidnappers “succumbed to superior firepower and escaped with gun wounds”. 

 

On May 9, gunmen invaded the university and abducted students who were preparing for their examinations.

 

The state government had said nine students were missing after the attack.

 

Usman Ododo, governor of Kogi, had visited the institution and assured parents of his commitment to rescue the students.

 

Ododo had also said closed circuit television (CCTV) cameras installed in the school were switched off on the night of the attack.

 

In a statement issued on Sunday, Kingsley Fanwo, information commissioner, said some of the students have been rescued by a joint team of security operatives and hunters.

 

Fanwo did not release the specific number of students rescued.

 

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William Aya, police spokesperson in Kogi, told TheCable on Sunday morning that 14 students have been rescued.

 

“This is to inform the general public that some of the students abducted by gunmen at the Confluence University of Science and Technology, Osara have been rescued safely by local hunters and other security agents,” the statement reads.

 

“Local vigilante men and security agents engaged the kidnappers in a fierce shootout and the kidnappers succumbed to superior firepower and escaped with gun wounds, leaving the kidnapped students who also ran in different directions to avoid being caught up in the fire exchange.

 

“Many of the students kidnapped and even other people in captivity have been rescued and taken to medical facilities for proper attention, while many others were also rescued in the early hours of today.”

 

He said a hunter and DSS operative sustained injuries during the firefight with the kidnappers, adding that they are receiving medical attention.

 

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Fanwo said security agents are “currently combing the forests” to rescue the remaining students in captivity.

 

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29 Generals retire from Nigerian Army

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Twenty-nine generals of the Infantry Corps of the Nigerian Army have retired from active military service.

 

Of the 29 retired infantry officers who pulled out of active service at the Jaji Military Cantonment in Kaduna State on Friday, 19 were major generals, and 10 were brigadiers general.

 

Among them is Major General Victor Ezugwu, who spoke on behalf of the retirees. He said the war against terrorism banditry will end if the proposed establishment of army aviation succeeds and the night fighting capabilities of the army infantry corps are improved.

 

As the threats to Nigeria’s sovereignty are becoming asymmetric in time and space, Ezugwu admonished serving officers and soldiers to be proactively way ahead of the enemies in all aspects of unfolding combat scenarios.

He also urged their successors to not only sustain the modest strategic, operational, and tactical achievements made but also to surpass them.

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“The frontline is expanding and the Nigerian Army is becoming increasingly committed with the eyes of the nation and the world on it,” he said.

“Our Infantry Corps must therefore not relent or rest on her oars as the entire Nigerian Army depends largely on the Infantry Corps to achieve its core mandate and mission.

 

“I admonish the Infantry that as the threats to Nigeria’s sovereignty are becoming asymmetric in time and space, you must be proactively way ahead of our adversaries in all aspects of the unfolding combat scenarios,” he added.

 

While calling on the Infantry Corps to review some of its tactical and operational strategies in the areas of night fighting capabilities, and frontline intelligence gathering on enemy activities, Ezeugu advised the corps to strengthen basic field crafts training in the areas of aggressive fighting patrols to dominate at least 5 km radius of their locations, ambushes, listening and observation posts as well as all levels of battle drills.

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Tinubu’s tax reforms not to frustrate Nigerians — Shettima

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Vice President Kashim Shettima says Nigeria’s tax reforms under the administration of President Bola Tinubu is targeted at improving the system for the overall benefit of all Nigerians.

He said contrary to speculations in some quarters, “we are not here to frustrate any sector of our economy but to create an administrative system that ensures the benefits of a thriving tax system for all our citizens.”

The Vice President, represented by the Special Adviser to the President on General Duties (Office of The Vice President), Aliyu Moddibo Umar, spoke on Saturday at the close-out retreat of the Presidential Fiscal Policy and Tax Reforms Committee held at the Transcorp Hilton, Abuja.

According to a statement by his spokesman Stanley Nkwocha, the Vice President explained that the policy thrust of the Tinubu administration’s tax reforms, pointing out that the dynamics of the nation’s fiscal landscape prompted the Tinubu administration to pause and reconsider the direction it was going.

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“Our aim remains the revitalisation of revenue generation in Nigeria while sustaining an investment-friendly and globally competitive business environment,” he noted.

 

While expressing confidence in the ability of the committee to deliver on the mandate, the Vice President emphasised the significance of the task ahead, noting that “we are gathered today because we are transitioning from the phase of proposal in the operations of this committee’s work to the phase of implementation.

 

“I am confident that both the federal and state governments stand ready to ensure the effective implementation of your reform proposals, and we shall provide the institutional framework to guarantee the adoption of the consensuses of this committee, aligning them with our economic agenda,” he added.

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