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Reps Scrap Presidential Yacht Budget, Increase Student Loan To N10bn

Following public outcry over the allocation of N5.095 billion for the purchase of a presidential yacht in the 2023 supplementary budget, the House of Representatives, on Thursday, said it had scrapped the budgetary allocation.
Chairman of the House Appropriations Committee, Abubakar Bichi, disclosed this in an interview with journalists on Thursday. He said the budgetary allocation for student loans was also increased from five billion to N10 billion.
He said the committee also increased the budgetary allocation of Ministry of Defence from N 476 billion to N546 billion.
Bichi also disclosed that the minimum wage for workers was considered and approved for onward transmission to the executive. He promised proper legislative oversight to ensure 100 per cent implementation.
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In the supplementary budget sent to the National Assembly by the President, the Federal Government had allocated N5 billion to purchase a presidential yacht.
The proposed sum was under the capital expenditure of the Nigerian Navy’s budget.
According to the breakdown, the Navy will require N62.8 billion for its operations, with recurrent expenditure and capital expenditure gulping N20.4 billion and N42.3 billion, respectively
But Bichi said the five billion naira for the presidential yacht has been yanked off from the budget.
He said: “Actually We have submitted our reports to the House and after a careful consideration, the House has approved our submissions and the breakdown is as follows.
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“As you know, the budget is about N2.1tn and the ministry of defence has about N456bn but currently ministry of defence has the largest share because we know how important our security is. As you aware, we have interaction with them yesterday. Currently, we have increase their budget from N456bn to N546, 209,099,671 billion.
“For Police formation and command, we gave them N50bn while the FCT has about N100bn. You know FCT is very important to us, so we want to make sure that FCT can compete with any state in the world. That is why we gave them N100bn.
“On the office of national security, their initial budget was N27bn but currently we have increase their budget to N50bn. For the state house, their initial budget was N28bn and we maintained that.
“On ministry of Agriculture and food security, you know how important that ministry is, we maintained their initial figure of N200bn as well. For ministry of housing, you know we have serious housing deficit in the country and Mr. President agenda, he wants to build as much as he can, so we have approve N100bn for housing.
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“Service wide votes initially was N615 but currently we reduced to N515bn.
“For INEC, initially their budget was N18bn, and yesterday we had an interaction with the INEC Chairman and he convinced us with his submissions and we maintained their N18bn.
“So far, we have approved N2,176, 791, 286, 33 trillion. We will continue to support the goverment so we can deliver democracy.
On the presidential yacht, Bichi said: “Actually, as far we are concerned, we don’t have that anymore. We have increased the student loan. Initially, student loan was N5bn in the budget but we have increased it to N5bn so that our students can access that facility in order for them to go to school. We don’t have the Yatch anymore in budget.”
He assured that lawmakers would ensure adequate oversight over the way the funds are spent, saying that “our members especially those standing committees oversight those project and ensure the money are used judiciously. From now to three months we are going to call them and ask them what they have done with the money. “
News
YULETIDE: Edo Sports Commission Boss Preaches Unity, Peace

The Executive Chairman of the Edo State Sports Commission, Hon. Amadin Desmond Enabulele, has extended warm Christmas greetings to athletes, coaches, sports administrators, journalists, and the people of Edo State, urging them to uphold the enduring values of love, peace, and unity that define the festive season.
In a statement issued by his Media Officer, Edoko Wilson Edoko, Hon. Enabulele described Christmas as a period of reflection, gratitude, and renewed commitment to collective progress and shared responsibility.
“I sincerely appreciate all stakeholders in the sports sector for their cooperation, resilience, and unwavering support throughout the year. Your contributions have been instrumental to the growth and success of sports in Edo State,” he said.
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He further commended Edo athletes for their dedication and discipline, noting that their consistent performances have continued to bring pride and recognition to the state at both national and international levels.
According to him, the Commission remains committed to athletes’ welfare, grassroots sports development, and the creation of opportunities that will enable talents to flourish.
Enabulele also called on residents of the state to celebrate responsibly and show compassion to one another, particularly the less privileged, emphasizing that unity and peaceful coexistence are vital for sustainable development.
READ ALSO:How Enabulele Is Driving Okpebholo’s Agenda In Edo Sports Commission
He reaffirmed the Edo State Sports Commission’s resolve to strengthen collaboration with partners and stakeholders in the coming year, with increased focus on excellence, transparency, and inclusive sports development.
The Sports Commission boss concluded by wishing everyone a joyous Christmas celebration and a prosperous New Year filled with hope, good health, and greater achievements.
News
MOWAA: Okpehbolo Receives Edo Assembly Resolution Indicting Obaseki

Edo State Governor, Monday Okpebholo, received report and resolutions of the Edo State House of Assembly which indicted former Governor Godwin Obaseki on the Museum of West African Art (MOWAA) and the Radisson Hotel projects.
Recall that the Edo Assembly raised a five-man committee to investigate funding and ownership of both projects following a request by Governor Okpebholo.
Okpebholo, who spoke after receiving the report said its findings and recommendations would be fully implemented.
Okpebholo said the Economic and Financial Crimes Commission (EFCC) would be invited to further examine issues raised in the recommendations.
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According to him, the Edo State Government has significant stakes in the MOWAA and Radisson Blu hotel having invested ₦3.8bn respectively in both projects.
He said changes in the structure and nomenclature of the MOWAA project made the investigation unavoidable.
Okpebholo said it was unacceptable to suggest Edo State has only 10 per cent stake in the Radisson Blu hotem despite investing over ₦28bn.
“Edo State has spent over ₦3.8 billion on this project, yet some people are saying the state has no stake in it. That is totally unacceptable. I will work with your recommendations and forward them to the relevant authorities to investigate what truly happened. We will also involve the EFCC.
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“Our investment in this project is over ₦28 billion. We must invite the EFCC to step in and determine if this is how businesses are conducted in Nigeria,” he said.
In its recommendations passed by the Assembly, the five-man committee headed by Hon Addeh Isibor, urged the Edo State Government to take possession of both projects.
It asked Governor Okpebholo to contract competent hands to complete renovation of the Hotel and take all steps to put the Hotel to use.
The recommendations urged the Edo State Government to revoke “the fraudulent Certificate of Occupancy to the property issued in the name of Hospitality Investment and Management Company Limited and revert same to the Edo State Government that purchased the property.
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“That the Edo State Government initiate legal action and work with relevant Anti-graft Agencies to retrieve both the complete statement of account and the balance of the Seventeen Billion, Five Hundred Million Naira (N17,500,000,000.00) Bond proceeds still in the possession of the Escrow Agents. Meristen Trustees Limited and Emerging Africa Trustees Limited.
“The title to the MOWAA Property having never been revoked, same remains the property of the Central Hospital, Benin City
“That the Edo State Government immediately takes all necessary step to put the property to good use in the best and overriding public interest of the people of Edo State.”
Speaker of the Assembly, Hon. Blessing Agbebaku, said the facts about MOWAA and Radisson Blu Hotel were now clearly documented in resolutions and outcomes.
News
Sheikh Gummi Sues Two Over Alleged False Facebook Publication

Prominent Islamic scholar, Sheikh Ahmad Gummi, has approached the Chief Magistrate Court in Kaduna, seeking the issuance of a criminal direct complainant summons against two Facebook users over alleged criminal conspiracy, attempt to cause public disturbance and criminal defamation.
The application, filed at the Chief Magistrate Court sitting on Ibrahim Taiwo Road, Kaduna, listed the defendants as George Udom and Bello Isiaka.
According to him, the defendants allegedly published a “Breaking News” statement on their respective Facebook pages on December 23, 2025, between 7:00 am and 10:00 am, attributed to him, threatening that the family of the Minister of Defence, General Christopher Musa, would be eliminated if military operations against bandits were not stopped.
Gummi alleged that the publication was falsely attributed to him, as his photograph was allegedly used alongside the statement, giving the impression that he issued the threat against the Defence Minister.
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The Islamic scholar stated that following the publication, he received numerous phone calls from concerned members of the public who believed he authored the statement and was attempting to intimidate the Minister of Defence in the discharge of his official duties.
He further maintained that the publication portrayed him as a troublemaker and a threat to public peace, despite his long-standing reputation as a cleric known for preaching peace and harmony within and outside Nigeria.
The complainant argued that the alleged publication was capable of inciting public disorder in Kaduna State, particularly Southern Kaduna, and could expose him to danger by presenting him as a prime suspect in the event of any attack on the Defence Minister’s family.
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He also contended that the actions of the defendants amounted to an attempt to cause public disturbance and criminal defamation of his character.
Dr Gummi told the court that the alleged acts contravened Sections 59, 57, 372, 116 and 117 of the Kaduna State Penal Code Law, 2017.
The application, dated December 24, 2025, was filed by a team of lawyers led by Suleiman Danlami Lere, with the complainant urging the court to summon the defendants to answer to the allegations.
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