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Business News of Thursday, 2 November 2023

Source: www.legit.ng

Reno Omokri speculates person who included purchase of N5billion presidential yacht in 2023

Omokri unimpressed with Tinubu's government's controversial budgetary addition Omokri unimpressed with Tinubu's government's controversial budgetary addition

Reno Omokri, the former Special Assistant on social media to ex-President Goodluck Jonathan, has said whoever included the contentious N5.095 billion Presidential Yacht allocation in Nigeria's budget "is likely a fifth columnist".

Arise Television reported on Wednesday, November 1, that the federal government, in the 2023 supplemental budget, proposed the allocation of N5 billion for the Nigeria Navy, which would be used to acquire a presidential yacht.

This has generated furious reactions on several social media platforms.

Omokri shared his thoughts and alleged that an infiltrator is responsible for the controversial addition, according to him, 'to undermine the Bola Tinubu administration'.

The opposition figure also said that "the claim that President Tinubu is unaware of it still makes it wrong".

He wrote on his verified X (formerly Twitter) handle:

"It does not matter if the Presidential yacht is for the Navy. And the claim that the President is unaware of it still makes it wrong. Whoever included that in the budget is likely a fifth columnist who wants to undermine the administration.

"It is highly provocative, coming at a time when Nigerians are facing monumental economic challenges.

"The President ought to realise that his name is at stake, and if he does not want to go into history as a Nero, who fiddled while Rome burnt, he should permanently delete this from this and subsequent budgets.

"We can't be labouring under a crippling debt and engaging in such frivolous expenditure. Additionally, he would be wise to find out who inserted such a vexatious item in the budget and take necessary action to prevent such sabotage against his regime."