Current:Home > FinanceNigeria’s president signs controversial bill for a presidential yacht and SUVs for lawmakers -FutureFinance
Nigeria’s president signs controversial bill for a presidential yacht and SUVs for lawmakers
View
Date:2025-04-26 11:44:28
ABUJA, Nigeria (AP) — Nigerian President Bola Tinubu’s approval of a supplementary budget earmarking millions of dollars for a presidential yacht and sport utility vehicles for his wife and top government officials has again stoked anger among ordinary Nigerians over what they see as a growing economic disparity.
Tinubu on Wednesday signed into law the budget that allocates $38 million for the presidential air fleet and other renovations. Some $6.1 million budgeted earlier for the the yacht was assigned by lawmakers to “student loans” - with the senate’s approval.
The country’s navy said it had taken delivery of the yacht, but “it has not been paid for.”
Presidential spokesperson Anjuri Ngelale defended the supplemental budget as serving to “strengthen Nigeria’s security architecture and address Nigeria’s critical infrastructure deficit, amongst other considerations.”
The spokesperson said about 30% of the money would be spent on security, and another 35% on “provision of critical infrastructure.”
Recently, the country’s 460-member national assembly confirmed that all lawmakers will get each a new SUV reportedly at a cost of more than $150,000 each. The lawmakers said the vehicles would help them do their work better.
Nigeria, one of the world’s poorest countries, is currently seeing food prices continue to soar to record highs. Also soaring is the frustration of ordinary Nigerians who see politicians earn huge salaries while others like medical professionals often have to go on strike to protest meager wages.
“It is by the grace of God that I can eat. It is hard,” said Nduka Omeje, a trader in Apo resettlement in Nigeria’s capital city, Abuja.
Labor unions struggled to get the government to raise the minimum wage for civil servants from a monthly $67 a month. The 2019 came after workers staged protests.
veryGood! (39539)
Related
- 'Most Whopper
- Amy Schumer Trolls Sociopath Hilaria Baldwin Over Spanish Heritage Claims & von Trapp Amount of Kids
- Republican attorneys general issue warning letter to Target about Pride merchandise
- Facebook parent Meta will pay $725M to settle a privacy suit over Cambridge Analytica
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Twitter has changed its rules over the account tracking Elon Musk's private jet
- Elon Musk reinstates suspended journalists on Twitter after backlash
- Newark ship fire which claimed lives of 2 firefighters expected to burn for several more days
- Senate begins final push to expand Social Security benefits for millions of people
- Coal Is On Its Way Out in Indiana. But What Replaces It and Who Will Own It?
Ranking
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- For the Ohio River Valley, an Ethane Storage Facility in Texas Is Either a Model or a Cautionary Tale
- The case of the two Grace Elliotts: a medical bill mystery
- For the Sunrise Movement’s D.C. Hub, a Call to Support the Movement for Black Lives
- The Super Bowl could end in a 'three
- Britney Spears hit herself in the face when security for Victor Wembanyama pushed her hand away, police say
- The overlooked power of Latino consumers
- North Korea has hacked $1.2 billion in crypto and other assets for its economy
Recommendation
Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
Lily-Rose Depp Shows Her Blossoming Love for Girlfriend 070 Shake During NYC Outing
In this country, McDonald's will now cater your wedding
Why Hot Wheels are one of the most inflation-proof toys in American history
North Carolina justices rule for restaurants in COVID
China’s Industrial Heartland Fears Impact of Tougher Emissions Policies
Greenhouse Gas Emissions Plunge in Response to Coronavirus Pandemic
Deep Decarbonization Plans for Michigan’s Utilities, but Different Paths