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We Will Probe N5bn Purchase of Presidential Yacht — Senate

Adamu Abubakar
By Adamu Abubakar
Published: November 8, 2023
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2 Min Read
Senate President Godswill Akpabio
Senate President Godswill Akpabio
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The Senate has said it would probe the purchase of the N5 billion presidential yacht and the circumstances surrounding it

The resolution was made known by the Senate Committee on Navy, chaired by the Senator representing the All Progressives Congress, Ogun East, Gbenga Daniel.

This was made known in a statement by the media aide to the lawmaker, Steve Oliyide, on Wednesday.

The media has been agog since the report on the procurement of the yacht, generating controversy with many Nigerians pointing accusing fingers at the Presidency for being insensitive.

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Daniel revealed that the committee had, therefore, taken the initiative to investigate the circumstances and issues surrounding the controversial yacht within a concise timeframe of one week.

He said, “The uproar over the potential acquisition of the yacht has gained substantial attention since it was first disclosed in the media.

“Many Nigerians have voiced their concerns and criticism, with a significant number expressing displeasure about how such a luxury item can find its way into the Supplementary Budget.

“Given the conflicting and contradictory reports circulating in the media regarding the yacht’s acquisition, we have identified the need for a thorough investigation. “

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The committee chairman added, “The primary objective is to uncover the facts, dispel uncertainties, and provide the public with an accurate and comprehensive understanding of the situation.

“Many Nigerians believe that the position of the Senate committee in this regard signifies a significant step towards transparency and accountability within the government by the Senate.”

The Ogun East Senator further noted that apart from the investigation, “the committee also resolved to visit all naval facilities across the country with a view to prioritising training and welfare of naval personnel and veterans, while emphasising the need for improved funding for the Nigerian Navy he Senate has said it would probe the purchase of the N5 billion presidential yacht and the circumstances surrounding it

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