Senate Investigates N5bn Yacht Purchase

Senate Investigates N5bn Yacht Purchase


Controversy Surrounding the Purchase

The Senate has announced that it will investigate the purchase of a N5 billion presidential yacht and the circumstances surrounding it. Many Nigerians have criticized the Presidency for its insensitivity in procuring such a luxury item.

The Senate Committee Takes Action

The Senate Committee on Navy, chaired by Senator Gbenga Daniel, has taken the initiative to investigate the controversial yacht within a week. The committee aims to uncover the facts, dispel uncertainties, and provide the public with an accurate understanding of the situation.

Concerns and Criticism

Since the news of the potential acquisition of the yacht broke, many Nigerians have expressed their concerns and criticism. They are displeased that such a luxury item could be included in the supplementary budget.

The Need for Investigation

Due to conflicting reports in the media about the acquisition of the presidential yacht, the Senate committee has identified the need for a thorough investigation. The primary objective is to ensure transparency and accountability within the government.

Tinubu’s Presidential Yacht 

Senate Committee’s Objectives

The Senate committee plans to visit all naval facilities across the country to prioritize the training and welfare of naval personnel and veterans. They also emphasize the need for improved funding for the Nigerian Navy to carry out its critical roles in the nation’s economic and security sector.

Promoting Modernization and Research


The committee further resolves to promote the modernization of the Nigerian Navy’s fleet, enhance its operational capabilities, and push for naval research and development agencies.

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