
House Of Reps Scrap N5Billion Presidential Yacht After Public Outcry, Increases Students Loan To N10Billion
Reps Scrap N5billion Presidential Yacht After Public Outrage, Increases Students Loan To N10billion The Nigeria House of Representatives has scrapped the controversial budgetary allocation of the presidential yacht following the public outcry against the item in the supplementary budget. The House of Reps also moved the proposed sum for students’ loan to N10bn as against the documented N5.5billion. The Chairman of the House Appropriations Committee, Abubakar Bichi Abubakar, made this known onThursday while addressing newsmen saying the need became necessary following the low budgetary allocation for students. The Committee also increased budgetary allocation of the Ministry of Defence from N476billion…









