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.

President Bola Tinubu

Speaking to reporters, Mr. Bichi stated that the committee had eliminated the item and transferred the funds to the student loan division, totaling N10 billion.

Details Later…

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