Presidential yacht not for Tinubu’s personal comfort – Budget minister Bagudu

Adejoke Adeogun
Adejoke Adeogun

The Minister of Budget and Economic Planning, Abubakar Bagudu, has provided clarification to trending reports of Presidential Yacht in the 2023 supplementary budget.

Bagudu’s reaction comes after the House of Representatives had scrapped the controversial presidential yacht from the supplementary budget.

The presidency had also clarified that the operational naval boat with specialised gadgets referred to as Presidential Yacht in the 2023 supplementary budget is not for the use of President Bola Tinubu.

In the footage obtained by NewMailNG, Bagudu while addressing journalists said: “The mischaracterisation or controversy from the way Navy described the ship has unfortunately generated a lot of controversies. If a budget of 2.2trn, and 95 per cent of it, is okay, then I think President Tinubu should be given a lot of credit.

“President Asiwaju has always told us (his team) that he’s happy with all he has achieved, and personal comfort does not matter to him.

“Before, he was elected president; he stayed in a three-bedroom apartment in Abuja. He lives a modest, humble life. To suggest that something was put in the budget for his comfort is ridiculous.”

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