News
Reps strikes out proposed N5bn presidential yacht from budget, channels same to students’ loan
The House of Representatives has removed the proposed N5 billion presidential yacht by President Bola Tinubu from the approved 2023 supplementary budget.
The chairman, House Committee on Appropriation, Abubakar Bichi, briefly after the approval of the budget on Thursday announced this to newsmen.
The lawmakers had earlier passed N2.17 trillion as supplementary budget.
Mr Bichi, while speaking to journalists, said the committee removed the item and moved the money to the student loan section to make it N10 billion.
-
Featured6 days agoOsun 2026: What the battle could signal for 2027 general elections
-
Business1 week agoOPay transactions surge 115% to $358bn as Fintech eyes $4bn US IPO
-
Business1 week agoWho is really benefiting from Nigeria’s economic reforms?
-
Featured6 days agoOsun Election: How poverty turns ₦20,000 into a powerful vote-buying tool
-
Latest6 days agoCoca-Cola faces backlash over alleged AI filter blocking Christian messages
-
Business1 week agoDeep offshore tax order to unlock $50bn investment, boost oil output–Ojulari
-
Business1 week agoPound climbs to N1,837 as Naira holds steady amid stronger FX market liquidity
-
Latest6 days agoOsun poll: Chaos in Ejigbo as voters, INEC officials run for safety