Current:Home > MarketsNigeria’s president signs controversial bill for a presidential yacht and SUVs for lawmakers -WealthTrack
Nigeria’s president signs controversial bill for a presidential yacht and SUVs for lawmakers
View
Date:2025-04-19 04:15:00
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! (34)
Related
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- 19 most memorable 'Hard Knocks' moments from HBO's NFL training camp docuseries
- 'Billions' and 'David Makes Man' actor Akili McDowell, 21, charged with murder
- What sustains moon's fragile exosphere? Being 'bombarded' by meteorites, study says
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- Social media pays tribute to the viral Montgomery brawl on one year anniversary
- Cause of death for Christina Sandera, Clint Eastwood's girlfriend, is released
- Kehlani's ex demands custody of their daughter, alleges singer is member of a 'cult'
- What to watch: O Jolie night
- Teresa Giudice Explains Her Shocking Reaction to Jackie Goldschneider Bombshell During RHONJ Finale
Ranking
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- Officials probe cause of wildfire that sent residents fleeing in San Bernardino
- Who is Warren Buffett? Why investors are looking to the 'Oracle of Omaha' this week
- Air travelers sue CrowdStrike after massive computer outage disrupts flights
- DoorDash steps up driver ID checks after traffic safety complaints
- Witnesses will tell a federal safety board about the blowout on a Boeing 737 Max earlier this year
- Woman killed in deadly stabbing inside California Walmart
- Michigan man pleads no contest to failing to store gun that killed 5-year-old grandson
Recommendation
Travis Hunter, the 2
Georgia repeats at No. 1 as SEC, Big Ten dominate preseason US LBM Coaches Poll
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Lemon Drop
'Don't panic': What to do when the stock market sinks like a stone
2 killed, 3 injured in shooting at makeshift club in Houston
Heatstroke death of Baltimore worker during trash collection prompts calls for workplace safety
Showdowns for the GOP nominations for Missouri governor and attorney general begin
Chicago Fed's Goolsbee says jobs data weak but not necessarily recessionary