The N5 billion presidential yacht from the 2023 supplementary budget has been removed the House of Representatives, All Nigeria Latest News reports.

Abubakar Bichi (APC, Kano), the chairperson of the House Committee on Appropriation announced this after the passage of the N2.17 trillion supplementary budget by the House on Thursday.

Hon. Bichi while speaking with newsmen stated that the committee had eliminated the item and transferred the funds to the student loan division, totaling N10 billion.

All Nigeria Latest News reported that the presidency’s media aide revealed that the President didn’t want the yacht and that it was for the Navy.

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