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)

News

NAF Bombards Lakurawa, Bandit Camps in Zamfara after US airstrike 

Published

on

 NAF Bombards Lakurawa, Bandit Camps in Zamfara after US airstrike 

 

In a major escalation of counterterrorism operations across the North-West, the Nigerian Air Force (NAF) has carried out devastating precision airstrikes on notorious bandit enclaves in Zamfara State, coming on the heels of United States missile strikes that crippled Lakurawa terrorist camps in Sokoto.

The Air Component of Operation Fansan Yamma, Sector 2, executed two high-impact air interdiction missions at Turba Hill and the camp of feared bandit leader, Kachalla Dogo Sule, both located in Tsafe Local Government Area of Zamfara State. Several bandits were neutralised, while key operational facilities were destroyed.

Director of Public Relations and Information of the NAF, Air Commodore Ehimen Ejodame, described the strikes as a significant breakthrough in the sustained offensive against armed banditry.

He said the operations were intelligence-driven, relying on credible, multi-source intelligence and persistent surveillance. The first strike targeted Turba Hill, identified as a major bandit hideout. According to Ejodame, aerial reconnaissance revealed intense human activity and a zinc-roofed structure serving as the nerve centre of the enclave.

“Following positive identification, the target was engaged with precision. Post-strike assessments confirmed the complete destruction of the structure and the neutralisation of several bandits,” he said.

The second mission struck Kachalla Dogo Sule’s Camp, a notorious stronghold linked to the manufacture and deployment of improvised explosive devices (IEDs). Intelligence reports had connected the camp to recent deadly IED attacks along the Dan Sadau–Magami axis.

“The precision strike triggered intense fires that destroyed multiple active structures, effectively crippling the group’s IED production and operational capacity,” Ejodame added.

He noted that the airstrikes had significantly degraded bandit networks in Zamfara and reaffirmed the NAF’s commitment, in collaboration with other components of Operation Fansan Yamma, to denying criminal elements safe havens and restoring lasting peace across the North-West.

Army Confirms US Missile Strikes on Sokoto Terror Camps

Meanwhile, the Nigerian Army has confirmed that recent United States airstrikes targeted Lakurawa terrorist camps in Tangaza Local Government Area of Sokoto State, delivering a heavy blow to the group’s operational capability.

A senior Army Headquarters source disclosed that the strikes were conducted in coordination with US Africa Command (AFRICOM) following actionable intelligence on terrorist movements along the Kaurau axis. The missile strikes hit camps in the Bauni Forest near Waria and Alkassim villages on December 25.

Follow-up patrols carried out the next day confirmed extensive destruction of terrorist infrastructure. Troops later recovered missile debris in Kajiji town, Tambuwal LGA, Kebbi State, believed to be components of Tomahawk missiles.

Army engineers identified some of the debris as fuel boosters weighing about 300 kilograms, capable of penetrating soft ground up to two metres. The Army assured residents that investigations and recovery operations were ongoing and urged the public to report any suspicious objects.

Eight Killed as Terrorists Attack Kebbi Communities

Despite the military gains, terror struck Kebbi State as gunmen launched coordinated attacks on Kaiwa, Gelawu and Gebbe villages in Shanga Local Government Area, killing at least eight people and injuring several others.

The Kebbi State Police Command confirmed that seven victims died during the attacks, while another later succumbed to injuries in hospital. One injured person is currently receiving treatment.

Police spokesperson, CSP Bashir Usman, said security forces had intensified patrols and surveillance across the affected areas to prevent further attacks, though details of ongoing operations could not be disclosed.

Residents described the assaults as unprecedented and devastating, forcing many villagers to flee their homes in fear.

Troops Kill 80 Terrorists, Rescue 34 Victims Nationwide

In a broader update, the Nigerian Army announced that troops killed over 80 terrorists, rescued 34 kidnapped civilians and arrested several criminal suspects in coordinated operations across multiple states between December 25 and 29.

The operations spanned Borno, Adamawa, Sokoto, Katsina, Niger, Zamfara, Plateau, Delta, Cross River and the Federal Capital Territory.

In Borno State, air and ground offensives neutralised 57 terrorists and disrupted ISWAP/JAS networks, while operations in Niger and Katsina repelled coordinated attacks and recovered stolen livestock.

Troops also rescued kidnapped civilians in Kebbi and Plateau states, arrested illegal miners in the FCT, apprehended armed robbery suspects, and dismantled oil bunkering and piracy syndicates in Delta and Cross River states.

The Army said the successes underscore its resolve to sustain intelligence-driven operations, protect lives and property, and dismantle terrorist and criminal networks across the country.

Continue Reading

News

Sokoto Operation: FG Reassures Investors, Says Nigeria’s Economy Remain Stable

Published

on

Minister of Finance and Coordinating Minister of the Economy, Wale Edun
Minister of Finance and Coordinating Minister of the Economy, Wale Edun

Sokoto Operation: FG Reassures Investors, Says Nigeria’s Economy Remain Stable

The Federal Government has reassured investors, financial analysts, and international development partners that Nigeria remains peaceful, stable, and economically resilient despite concerns following a joint security operation in Sokoto carried out on Christmas Day.

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, gave the assurance in a statement issued on Sunday in Abuja, explaining that the operation—conducted in collaboration with the United States—was a targeted, intelligence-led action aimed solely at terrorist elements threatening national security and economic activities.

“What Nigeria is decisively confronting—alongside trusted international partners—is terrorism,” Edun said, stressing that the context of the operation was essential to understanding its broader economic implications.

He described the Sokoto operation as “precise, intelligence-led, and focused exclusively on terrorist elements that threaten innocent lives, national stability, and economic activity,” adding that the action was designed to strengthen security rather than unsettle financial markets or undermine investor confidence.

“Far from destabilising markets or weakening confidence, such actions strengthen the foundations of peace, protect productive communities, and reinforce the conditions required for sustainable economic growth. Security and economic stability are inseparable; every effort to safeguard Nigerians is, by definition, pro-growth and pro-investment,” the minister said.

READ ALSO:

Edun noted that under the leadership of President Bola Ahmed Tinubu, Nigeria has recorded measurable progress in security improvements and economic reforms, reflected in key macroeconomic indicators.

According to him, Nigeria’s GDP grew by 3.98 per cent in Q3 2025, following a strong 4.23 per cent growth in Q2, with expectations of an even stronger performance in Q4 2025. He added that inflation has slowed for the seventh consecutive period and now stands below 15 per cent, attributing the improvement to coordinated fiscal and monetary policies.

The minister said Nigeria’s financial markets remain stable, with both domestic and international debt markets functioning efficiently under prudent fiscal management. He recalled that the country recently secured credit rating upgrades from Moody’s, Fitch, and Standard & Poor’s, describing them as independent validation of the government’s reform agenda.

“We have maintained fiscal discipline, prioritised efficiency, and protected macroeconomic stability, demonstrating resilience in the face of external shocks,” Edun said.

Referring to President Tinubu’s recent national address, Edun stated that the administration’s focus for 2026 is to consolidate gains made in 2025, strengthen economic resilience, and sustain momentum toward inclusive and durable growth.

Assuring local and foreign investors ahead of market reopening on Monday, December 29, 2025, Edun said confidence in Nigeria’s economic direction remains justified.

“As markets reopen, investors can be confident that Nigeria remains reform-driven, stable, and focused on growth. The fundamentals are strengthening, the policy direction is clear, and this administration’s resolve to protect lives and secure prosperity is unwavering,” he said.

He concluded by reaffirming the country’s investment outlook: “Nigeria remains open for business, anchored in peace, and firmly focused on the future.”

Sokoto Operation: FG Reassures Investors, Says Nigeria’s Economy Remain Stable

Continue Reading

News

US Airstrikes Disrupt Terrorists in Northwest, Spark Bandit Movement, Security Alerts

Published

on

US Airstrikes Terrorists in Northwest

US Airstrikes Disrupt Terrorists in Northwest, Spark Bandit Movement, Security Alerts

Suspected terrorists and bandits in northwestern Nigeria are reportedly relocating following US missile strikes carried out on Christmas Day, according to community leaders and security sources. The strikes, announced by President Donald Trump and confirmed by the Federal Government of Nigeria, targeted locations believed to be used by Islamic State militants in Sokoto and Kwara states.

Although no fatalities were recorded at the two primary strike sites, the attacks caused injuries and destroyed properties worth millions of naira. In Jabo, Sokoto State, a missile struck farmland, while buildings were affected in Offa, Kwara State. Officials in Tangaza Local Government Area reported further strikes on suspected Lakurawa armed group hideouts, with residents noting unusual movements of armed groups.

The Chairman of the Traditional Council in Gwer West, Benue State, Daniel Abomtse, warned of an influx of armed herders and fleeing bandits into local communities, urging the continuation of similar operations across Benue, Kogi, Taraba, Niger, and Plateau states.

READ ALSO:

Community leaders in Sokoto reported that bandits abandoned their hideouts and familiar routes, with some moving in small groups toward remote forests or crossing into border communities to evade surveillance. The Sokoto State Government said intelligence assessments are ongoing, with security agencies on high alert to prevent infiltration of safer areas.

Security experts warn that terrorists may attempt to blend with law-abiding citizens or seek support from international terror networks. Kabiru Adamu, CEO of Beacon Consulting, noted that the militants could exploit cyberspace for propaganda, spinning the strikes as an attack on Muslims to garner sympathy, membership, and funding.

Professor Tar Usman, of the Nigerian Defence Academy, explained that the strikes could disrupt terrorist planning and heighten fear within camps, though the intervention will not immediately end insurgent activities. He stressed the importance of vigilance to prevent terrorists from mixing with civilians while adapting new tactics.

Meanwhile, the US has resumed intelligence, surveillance, and reconnaissance (ISR) operations over the Sambisa Forest, Borno State, using aircraft such as the Gulfstream V, a long-range jet adapted for surveillance missions.

The US-Nigeria coordinated strikes mark a significant effort to weaken Islamic State networks in Nigeria, with both nations emphasizing continued collaboration to prevent further attacks and curb terrorism in the region.

US Airstrikes Disrupt Terrorists in Northwest, Spark Bandit Movement, Security Alerts

Continue Reading
HostArmada Affordable Cloud SSD Shared Hosting
HostArmada - Affordable Cloud SSD Web Hosting

Trending