BREAKING: Presidency breaks silence over alleged plan by Tinubu to buy Presidential Yacht - Newstrends
Connect with us

News

BREAKING: Presidency breaks silence over alleged plan by Tinubu to buy Presidential Yacht

Published

on

President Bola Ahmed Tinubu

BREAKING: Presidency breaks silence over alleged plan by Tinubu to buy Presidential Yacht

The senior special assistant to President Bola Tinubu on media and publicity, Temitope Ajayi, has refuted reports that the president has requested a presidential yacht.

Nigerians’ reactions on social media to the N2.1 trillion supplemental budget Tinubu submitted to the National Assembly have generated debate, with some questioning some of the budget’s components.

According to the details of the budget, N5.09 billion was allocated for a ‘presidential’ yacht, N2.9 billion for sport utility vehicles for the Presidential Villa, and another N2.9 billion for the replacement of operational vehicles for the presidency.

The yacht was listed under the Nigerian Navy’s proposed capital expenditure of N42.3 billion.

Reacting to the criticisms that have followed the release of the budget details, Ajayi revealed that the president doesn’t need a yacht to perform the functions of his office.

He wrote: “It has become a pattern for some individuals, CSOs and a section of the media to pick one or two line items every budget cycle for sensational headlines, deliberately ignoring context in their reporting.

“The public that should benefit from good journalism, which should primarily educate and adequately inform, is left confused and miseducated due to the mischaracterisation of issues and misrepresentation of facts.

“The trending issues on social media since yesterday are two items in the 2023 supplementary budget. One is the provision for a presidential yacht in the supplementary budget by the Navy and the other is over N6 billion for vehicles to the State House.

“It is important to state clearly that President Bola Tinubu didn’t ask for a presidential yacht and I doubt he needs one to perform the functions of his office. From what I know, the request for a yacht, however named or couched in the budget is from the Navy and they must have operational reasons for why it is required.

READ ALSO:

“The budget office should be in a position to also explain to the public why such expenditure should be accommodated now, considering the country’s economic situation. I must readily admit that the one reason our budgeting system has been a subject of public attack is the very simplistic way some of the line items are described by civil servants, who prepare the budget. Examples abound. Sometimes in 2016, an Enterprise Resource Planning (ERP) project of the Ministry of Solid Minerals worth over N300m was captured in that year’s budget as a “website”. Naturally, it generated a massive controversy as people, rightly, asked to know the type of website that would be built with N300million.

“It is important to say that journalism should enrich public enlightenment and not create an atmosphere of siege. It is poor reporting to always reduce State House budgetary provisions to the President and Vice President. When the State House makes provision for vehicles, it is reported that the President will use all the vehicles or eat all the food when a provision is made for food and catering services. We have had such inaccurate reporting in the past.

“A President and Vice President cannot, for any reason, spend N20 million naira to eat in a year if it is about the food they will eat as first and second families. How much food can a person really eat? Yet, we will read headlines that Tinubu, Buhari, Jonathan or whoever the President is wants to spend N5billion on food and catering in a year when in actual fact such budgetary provisions are made to accommodate many state events, meetings, hosting of VIPs, foreign dignitaries, and even visits by other Heads of State, and bilateral and multilateral meetings that the State House will deal with in a given year.

He further stated: “It is worth stating that in August this year, President Tinubu as the Chairman of the Authority of Heads of State and Governments of ECOWAS hosted two extraordinary summits of the regional body over the political crisis in Niger Republic. The two summits required catering services for the ECOWAS leaders and their delegations. Just this past Sunday, German Chancellor Olaf Scholz was on a State Visit to Nigeria with a delegation of top businessmen and women from Germany. The President hosted the visiting Chancellor and his delegation to a state banquet. The State House budget for food and catering services is spent on such events. It is not spent essentially to feed the President and Vice President.

READ ALSO:

“On matters of vehicles, the N6 billion budget provision is not to buy vehicles for the President and Vice President alone. President Tinubu and Vice President Shettima are not using any new vehicles in their fleet. They are using inherited vehicles. There are hundreds of civil servants and political aides working at the State House who need operational vehicles. I am a senior aide of the President. I am using my personal car and at my own expense since I resumed work more than five months ago. Like me, virtually all the appointees of the President are using personal vehicles at their own expense for official duties. Most of the vehicles in the pool for various departments are run down. Even members of the State House Press Corps do not have functional buses to ease their movement. I know for a fact that a request for a new bus for the State House Press Corps is captured in the supplementary budget for vehicles.

“It is necessary to add that none of the political appointees has drawn any benefit and perks from the public treasury. I must add that in 5 months, we have not even received a kobo as salary because of procedural issues involved in capturing new appointees on the payroll via IPPIS.

“The presidency is a huge Bureaucracy with hundreds of staff. Any budget head for the State House is to run the system, not for the epicurean fantasy of a sitting President and Vice President. In this pageview-centric and social media age, it is easy to provoke public rage. It is also tempting for bloggers and quack journalists to take the easy road of sensationalism to attract traffic to their blogs and news websites. But good journalism, I believe, should be about substance and nuanced reporting.”

BREAKING: Presidency breaks silence over alleged plan by Tinubu to buy Presidential Yacht

(Nation)

Loading

News

Just in: Supreme Court Orders Final Forfeiture of Emefiele’s Assets, Ends Legal Battle

Published

on

Former Central Bank of Nigeria (CBN) Governor Godwin Emefiele

Just in: Supreme Court Orders Final Forfeiture of Emefiele’s Assets, Ends Legal Battle

The Supreme Court has brought an end to the legal battle over the assets linked to former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, affirming their final forfeiture to the Federal Government.

In a unanimous judgment delivered by a five-member panel led by Justice Ibrahim Saulawa, the apex court overturned the decision of the Court of Appeal in Lagos, which had earlier nullified the forfeiture order and directed that the case be retried.

The Supreme Court held that the Court of Appeal erred in setting aside the judgment of the Federal High Court in Lagos, thereby restoring the lower court’s order for the final forfeiture of the properties.

The ruling effectively ends Emefiele’s challenge against the forfeiture order and marks another significant legal victory for the Economic and Financial Crimes Commission (EFCC) in its ongoing prosecution of high-profile corruption and financial crime cases.

The properties were among assets the EFCC alleged were acquired through proceeds of unlawful activities during Emefiele’s tenure as governor of the apex bank.

READ ALSO:

Following its investigation, the anti-graft agency had approached the Federal High Court for their permanent forfeiture, a request the court granted.

However, Emefiele challenged the decision at the Court of Appeal, which set aside the forfeiture order and directed that the matter be heard afresh. Dissatisfied with that judgment, the EFCC appealed to the Supreme Court.

With Friday’s verdict, the apex court has reinstated the Federal High Court’s decision, bringing the protracted dispute over the ownership of the properties to a close.

Emefiele, who served as CBN Governor from 2014 until his suspension by President Bola Tinubu in June 2023, has since been facing multiple criminal charges bordering on alleged abuse of office, procurement fraud and financial misconduct.

He has consistently denied all the allegations against him. The Supreme Court’s latest decision is one of several legal developments arising from the investigations into his stewardship at the nation’s apex bank.

 

Just in: Supreme Court Orders Final Forfeiture of Emefiele’s Assets, Ends Legal Battle

Loading

Continue Reading

News

US House approves bill proposing 50% cut in aid to Nigeria over alleged Christian persecution

Published

on

US House approves bill proposing 50% cut in aid to Nigeria over alleged Christian persecution

US House approves bill proposing 50% cut in aid to Nigeria over alleged Christian persecution

The United States House of Representatives has approved a key appropriations bill that proposes withholding 50% of certain U.S. assistance to Nigeria until the Nigerian government demonstrates measurable progress in protecting Christian communities from religiously motivated violence.

The provision is contained in the Fiscal Year 2027 National Security, Department of State, and Related Programs (NSRP) Appropriations Bill, which was passed by the House on Wednesday. The legislation allocates $47.32 billion in discretionary funding for diplomacy, national security and related programmes, representing a reduction of about $2.69 billion, or six per cent, from the FY2026 enacted level.

However, the proposal has not yet become U.S. law. It must still pass the remaining stages of the legislative process, including consideration by the Senate and presidential approval, before the aid restrictions can take effect.

Under the House-approved bill, 50% of eligible U.S. assistance to Nigeria would be withheld until the U.S. Secretary of State certifies that the Nigerian government has taken measurable steps to protect Christians affected by religiously motivated attacks and improve security in vulnerable communities.

The accompanying House Appropriations Committee report expressed concern over persistent violence in parts of Nigeria, particularly in the Middle Belt, and referenced the Palm Sunday massacre as one of the incidents highlighting the need for stronger government action against perpetrators of violence.

READ ALSO:

The committee also urged Nigerian authorities to ensure accountability for those responsible for attacks on civilians and improve measures to safeguard communities affected by insecurity.

The provision was championed by Congressman Riley M. Moore, who argued that the measure is intended to pressure the Nigerian government to strengthen protection for Christian communities and improve its response to religious violence.

According to Moore, the legislation sends a clear message that the United States expects greater accountability while continuing to support victims of religious persecution around the world.

Beyond the proposed aid restrictions, the bill directs that funding under the Security Sector Programme/National Security Account be used to support efforts aimed at tackling insecurity in Nigeria’s Middle Belt, including attacks attributed in the committee report to Fulani militias.

The legislation also instructs the U.S. State Department to assess whether the Nigerian government is facilitating the safe return of internally displaced persons (IDPs) to their ancestral communities. The findings will form part of the certification process required before the withheld assistance can be released.

In addition, the State Department would be required to submit reports to Congress within 45 to 60 days detailing efforts to address violence against Christian communities, improve accountability for violations of religious freedom, and evaluate progress made by Nigerian authorities.

To reinforce these objectives, lawmakers proposed an additional $2 million under the International Narcotics Control and Law Enforcement account to support atrocity prevention initiatives, with part of the funding earmarked for programmes addressing violence in Nigeria’s Middle Belt.

The committee also encouraged stronger partnerships with Nigerian security agencies to improve professionalism, operational capacity and accountability in law enforcement as part of broader efforts to reduce insecurity.

Another provision directs the Secretary of State to assess the impact of Nigeria’s blasphemy laws in the annual International Religious Freedom Report, reflecting growing congressional interest in issues relating to religious liberty.

The broader appropriations package also includes provisions affecting global health funding, migration policy, foreign military financing and international broadcasting, in line with the United States’ evolving foreign policy priorities.

Supporters of the proposal argue that conditioning foreign assistance on measurable improvements in security and human rights will encourage stronger government action against violence.

However, analysts note that the proposal is likely to generate diplomatic discussions between Nigeria and the United States, with debates expected over its potential impact on humanitarian programmes, security cooperation and bilateral relations.

If eventually enacted, the measure could reshape aspects of U.S.-Nigeria relations, particularly in the areas of security assistance, religious freedom, human rights and counterterrorism cooperation.

US House approves bill proposing 50% cut in aid to Nigeria over alleged Christian persecution

Loading

Continue Reading

News

Senate passes Bill proposing N50,000 fine for preaching, hawking in commercial buses

Published

on

Senate passes Bill proposing N50,000 fine for preaching, hawking in commercial buses

Senate passes Bill proposing N50,000 fine for preaching, hawking in commercial buses

The Nigerian Senate has passed the Federal Road Safety Corps (FRSC) Amendment Bill, 2026, proposing significantly tougher penalties for traffic offences, including a N50,000 fine for individuals who preach, hawk or engage in trading inside commercial buses.

The landmark legislation, approved during plenary on Thursday, is part of ongoing efforts to strengthen road safety in Nigeria, improve compliance with traffic regulations and reduce the rising number of road crashes across the country.

However, the bill has not yet become law. It will only take legal effect after receiving presidential assent from President Bola Tinubu.

One of the most notable provisions of the proposed amendment is the introduction of a N50,000 fine for anyone found preaching, hawking or carrying out commercial activities inside commercial vehicles.

Lawmakers explained that such activities often distract drivers, obstruct passengers and increase the likelihood of road accidents, particularly in densely populated urban areas where commercial buses serve thousands of commuters daily.

The bill also introduces stricter sanctions for motorists who refuse to cooperate with Federal Road Safety Corps (FRSC) officials during roadside enforcement exercises.

Under the proposed law, any driver who declines to undergo a breathalyser test when reasonably suspected of driving under the influence of alcohol or drugs would face a N50,000 fine, six months’ imprisonment, or both upon conviction.

READ ALSO:

The Senate further approved a substantial increase in penalties for driving under the influence of alcohol or intoxicating substances. If the bill receives presidential assent, offenders would be liable to a N100,000 fine, replacing the current N5,000 penalty, in addition to a possible two-year prison sentence or both.

The amendment also raises the punishment for violating traffic lights, road signs, pavement markings and other traffic control devices to N100,000, reflecting the government’s determination to improve discipline on Nigerian roads.

Motorists caught exceeding speed limits would equally face a N100,000 fine, replacing the existing N5,000 sanction.

Similarly, reckless driving would attract a N100,000 fine, imprisonment for up to two years, or both, depending on the severity of the offence.

According to the revised schedule attached to the legislation, the Senate reviewed 52 traffic offences, increasing penalties across most categories to reflect present-day economic realities and strengthen deterrence against dangerous road behaviour.

The amendment seeks to modernise the FRSC Act by expanding the enforcement powers of the corps, strengthening compliance with traffic regulations and improving public safety through stricter enforcement measures.

Road safety experts have repeatedly argued that many penalties under the existing law had become obsolete due to inflation and no longer served as effective deterrents against traffic violations.

Data from the Federal Road Safety Corps consistently identifies speeding, dangerous driving, drunk driving, driver distraction, overloading and disregard for traffic signs among the leading causes of road crashes in Nigeria, resulting in thousands of deaths and injuries every year.

Supporters of the amendment believe the proposed stiffer penalties will encourage greater compliance with traffic laws and ultimately reduce road accidents. However, some stakeholders have called for sustained public awareness campaigns, improved road infrastructure and fair enforcement to ensure the new penalties achieve their intended objectives without imposing undue hardship on road users.

The bill will now be transmitted to President Bola Tinubu for assent. If signed into law, it will introduce one of the most comprehensive overhauls of Nigeria’s traffic regulations in recent years, significantly increasing penalties for dozens of traffic-related offences while reinforcing the FRSC’s mandate to promote safer roads nationwide.

Senate passes Bill proposing N50,000 fine for preaching, hawking in commercial buses

Loading

Continue Reading

Trending