Presidential Yacht Listed in Budget Is For High Security Naval Boat, Says FG

Nigeria’s Presidency has come out to give insight into the 2023 budgetary provision for what was labelled a Presidential Yacht.

In a statement signed by Bayo Onanuga, Special Adviser to the President on Information & Strategy, on Thursday titled, “The Facts On The Naval Boat in 2023 Supplementary Budget”, the presidency explained that what was described as “Presidential Yacht” in the 2023 supplementary budget was actually a naval vessel equipped with specialized security devices meant for high-profile operations inspections rather than presidential use.