N5 billion presidential yacht has been delivered before public outcry — Chief Whip Ndume

The Chief Whip of the Senate, Ali Ndume, has disclosed that the controversial N5 billion presidential yacht had been delivered to Nigeria before public outcry.

The Chief Whip disclosed this in an interview with Arise Television on Friday, November 3.

According to him, “We queried the amount budgeted for the yacht, but it was signed for a dollar rate, and the new rate isn’t favourable. The budget was predicated for about N435, and now it is over N800.

The Navy also clarified that it is not a new budget. And even the House of Representatives moved the budget to the Student loan. The deal for the yacht has been agreed, signed, and delivered but not paid for.”

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