House Of Representatives Reallocates N5 Billion Allocated For The Presidential Yacht To Student Loans
The N5 billion originally allocated for a presidential yacht has been moved to student loans by the Nigerian House of Representatives.
Abubakar Bichi, the chairman of the House of Representatives' appropriations committee, revealed this on Thursday, November 2, in Abuja.
Apparently for him, "As far as we are concerned we don't have that presidential yacht anymore. We have increased the student loan.
"If you recall, the student loan was N5 billion in the budget but we have increased it to N10 billion."
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