BREAKING: Reps throw out N5 billion presidential yacht from supplementary budget

The House of Representatives re-allocated the N5 billion earmarked for the presidential yacht to student loan in the supplementary budget.

The chairperson of the House Committee on Appropriation, Abubakar Bichi announced this on Thursday after the passage of the N2.17 trillion supplementary budget by the House.

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. Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent governmentFor continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

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