News
FG Monetizes Official Cars For Ex-Presidents With N280m
According to the Secretary to the Government of the Federation, Boss Mustapha, the Federal Government has monetized the N280 million which was meant to be used to purchase cars for the former Heads of States. N210 million was also provided for the Vice Presidents. He disclosed this before the House of Representatives during the 2017 budget review and 2018 budget defense session.
The funds will be shared amongst the following past presidents of Nigeria to enable them buy any vehicle of their choice: Chief Olusegun Obasanjo, Mr. Goodluck Jonathan, Alhaji Shehu Shagari, Gen. Yakubu Gowon, Gen. Ibrahim Babangida and Chief Ernest Shonekan.
From the N280m in the 2017 budget, N40m has been released so far.
Another N96m is proposed to buy vehicles for the Ex-Presidents in 2018 while the Vice Presidents will get N90m.
See Related Post: President Buhari’s Official Car – 2015 Benz S550
-
Celebrities Auto1 week agoThrowback: When KC Luxury Boasted Of Being The Only Person In The World To Own Two Rare Mercedes-Maybachs
-
Celebrities Auto1 week agoInside KC Luxury’s Car Collection: From A ₦2.5B Brabus 800 Adventure XLP To Alicia Keys’ Former Maybach
-
News5 days agoAndrew Tate’s Lawyers Claim His Famous Bugatti And Aston Martin Are Rented
-
News1 week agoWho Is Herbert Wertheim? The 87-Year-Old Billionaire Who Bought The $40M Ferrari Luce “Chassis 0”
-
News1 week agoThe Tesla Cybercab Has Begun Transporting Passengers In Austin Texas
-
News2 days ago1997 Cadillac DeVille d’Elegance: Why Dolly Parton Donated Her Favorite Car After 10 Years
-
Car Theft22 hours agoOyo Police Bust Trans-National Car Theft Syndicate, Recover Stolen Lexus RX 350
-
Celebrities Auto3 days agoBurna Boy Lifts ₦1.6B Ferrari Testarossa Into His 26th Floor Penthouse