Nigeria’s Parliament has turned down a government proposal to acquire a Ksh.906.9 million (USD 6 million) presidential yacht for head of state Bola Tinubu.

Nigeria’s Parliament has turned down a government proposal to acquire a Ksh.906.9 million (USD 6 million) presidential yacht for head of state Bola Tinubu. The decision came in response to public outcry over perceived extravagance during a severe economic crisis.

President Bola Tinubu, took office in May with a promise to reduce wasteful spending and alleviate financial hardships. However, he proposed the yacht’s acquisition in a supplementary budget submitted to the National Assembly. However, human rights activists and citizens criticized the move, highlighting the absolutely economic disparities in the country.