Senate to probe N5bn presidential yacht’s purchase

The Senate has declared its readiness to investigate the purchase of the N5 billion presidential yacht and the circumstances surrounding it.

This was made known by the Chairman of the Senate Committee on Navy, Gbenga Daniel (Ogun-APC).

Daniel, in a statement issued by his media aide, Steve Oliyide, on Wednesday, November 8, 2023, said the committee had taken the initiative to investigate the circumstances and issues surrounding the controversial yacht within a concise timeframe of one week.

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

READ ALSO: Reps reject N5.09bn presidential yacht, raise students’ loan to N10bn

“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.

“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 Star