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Home»News»Presidency Clears Misconception over Procurement of ‘Presidential Yacht’ 
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Presidency Clears Misconception over Procurement of ‘Presidential Yacht’ 

meridianspyBy meridianspyNovember 2, 2023No Comments2 Mins Read
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Special Adviser to the President on Information and Strategy, Bayo Onanuga, on Thursday cleared the public miscommunication about the 2023 supplementary appropriation on procurement of operational naval boat.

In a statement titled: ” The fact on the Naval boat in 2023 supplementary budget,” Onanuga reiterated that President Bola Tinubu’s administration respects the views of Nigerians on all matters of public concern.

” Following public reactions over the provision for what is termed presidential yacht and other line items in the 2023 Supplementary Appropriation presented to the National Assembly.

” We consider it very imperative to clear any misconception and misunderstanding of the issues.

” What was named as Presidential Yacht in the budget is an Operational Naval boat with specialised security gadgets suitable for high profile operational inspection and not for the use of the President.

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

The president aide explained the naval boat was ordered by the navy under the previous administration.

According him, President Tinubu has consistently said that government is a continuum as he inherited both assets and liabilities of past administrations.

He said that the payment request for the boat was part of the committed obligation submitted by the office of the Chief of Naval Staff to the Ministry of Defence.

” The total of the submitted requests was in excess of N200 billion out which N62 billion was approved by the President.

READ ALSO  Resign or shelve re-election bid over insecurity, Peter Obi tells Tinubu  

” President Tinubu is focused on securing our country and territorial waters.

” The Federal Government under his leadership is investing more resources to enhance greater economic output from our oil and gas, marine and blue economy.”

Onanuga stated that Tinubu is a leader who understands the economic challenges being faced by the masses.

He added that ” His administration is working very hard to confront and surmount those challenges.

” Nigerians will soon get the benefits of the ongoing reforms that will certainly lead to a buoyant and improved quality of life for all citizens

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