The Nigerian Senate announced on Wednesday its intention to conduct a thorough investigation into the procurement of a N5 billion presidential yacht and the surrounding circumstances that have fueled public outcry.
The decision to probe the purchase of the presidential yacht and its contentious aspects was disclosed by the Senate Committee on Navy, which is chaired by Senator Gbenga Daniel of the All Progressives Congress (APC) representing Ogun East.
The acquisition of the luxurious yacht has stirred significant controversy and garnered criticism from Nigerians, who have raised concerns about the government’s sensitivity to the country’s economic challenges and priorities.
In response to these concerns, Senator Gbenga Daniel, during a Senate session, conveyed the committee’s commitment to launching an inquiry into the circumstances and issues related to the contentious presidential yacht.
Notably, the committee intends to complete this investigation within a concise timeframe of just one week.
This move is expected to shed light on the matter and provide answers to the questions surrounding the significant expenditure on the presidential yacht.
“The uproar over the potential acquisition of the yacht has gained substantial attention since it was first disclosed in the media.
“Many Nigerians have voiced their concerns and criticism, with a significant number expressing displeasure about how such a luxury item can find its way into the supplementary budget.
“Given the conflicting and contradictory reports circulating in the media regarding the yacht’s acquisition, we have identified the need for a thorough investigation.
“The primary objective is to uncover the facts, dispel uncertainties, and provide the public with an accurate and comprehensive understanding of the situation.
“Many Nigerians believe that the position of the Senate committee in this regard signifies a significant step towards transparency and accountability within the government by the Senate.
“The committee also resolved to visit all naval facilities across the country, with a view to prioritising training and welfare of naval personnel and veterans, while emphasising the need for improved funding for the Nigerian Navy to perform their critical roles in the nation’s economic and security sector.
“The committee further resolved to promote the modernisation of the Nigerian Navy’s fleet, enhance its operational capabilities and push for naval research and development agencies”, he stated