The Senate announced its intent to investigate the acquisition of the N5 billion presidential yacht and its surrounding circumstances.
The Senate Committee on Navy, led by Senator Gbenga Daniel from Ogun East under the All Progressives Congress, revealed this resolution. The statement, conveyed by the lawmaker’s media aide, Steve Oliyide, was shared with The us on Wednesday.
The media has been abuzz since news of the yacht procurement surfaced, stirring controversy with many Nigerians criticizing the Presidency for perceived insensitivity.
Daniel revealed that the committee had, therefore, taken the initiative to investigate the circumstances and issues surrounding the controversial yacht within a concise timeframe of one week.
He said, “The uproar over the potential acquisition of the yacht has gained substantial attention since it was first disclosed in the media.
“Many Nigerians have voiced their concerns and criticism, with a significant number expressing displeasure about how such a luxury item can find its way into the Supplementary Budget.
“Given the conflicting and contradictory reports circulating in the media regarding the yacht’s acquisition, we have identified the need for a thorough investigation. “
The committee chairman added, “The primary objective is to uncover the facts, dispel uncertainties, and provide the public with an accurate and comprehensive understanding of the situation.
“Many Nigerians believe that the position of the Senate committee in this regard signifies a significant step towards transparency and accountability within the government by the Senate.”
The Ogun East Senator further noted that apart from the investigation, “the committee also resolved to visit all naval facilities across the country with a view to prioritising training and welfare of naval personnel and veterans, while emphasising the need for improved funding for the Nigerian Navy to perform their critical roles in the nation’s economic and security sector.
“The committee further resolved to promote the modernisation of the Nigerian Navy’s fleet, enhance its operational capabilities and push for naval research and development agencies.”






