BREAKING: Nigerian Navy provides key update on controversial presidential yacht

  • Nigerians had criticised a N5 billion presidential yacht deal as a waste of money on luxuries during an economic crisis
  • Federal lawmakers instead moved the allocation to the student loan budget, doubling its allocation
  • President Bola Ahmed Tinubu took office in May with a promise to cut waste and ease people’s financial hardship

Legit.ng journalist Ridwan Adeola Yusuf has over 9-year-experience covering current affairs in Nigeria

FCT, Abuja – The Nigerian Navy (NN) on Saturday, November 4, confirmed the delivery of the controversial presidential yacht.