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Why We Are Buying N4.7billion Worth Of Cars- Nigeria Senate. - Politics - Nairaland

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Why We Are Buying N4.7billion Worth Of Cars- Nigeria Senate. by amtaken(f): 4:05am On Dec 14, 2015
Published on December 14, 2015 by   ·  

Senator Bukola Saraki, Nigeria’s Senate President
The Nigerian Senate has responded to reports by online news platform, Premium Times, that it plans to illegally spend an estimated N4.7 billion on exotic cars for its President, Bukola Saraki, and 108 other members.
In a statement signed by Senator Aliyu Sabi Abdullahi, Chairman, Senate Committee on Media and Publicity, the senate claimed that the vehicles are to be used for execution of committee assignments, noting that, they are not meant for individual senators.
Premium Times had reported that the purchase of the cars in the guise of buying it for committees is a ploy to circumvent the monetisation policy of government which forbids the purchase of official cars for public officials.
Under the policy, no new vehicles should be purchased by any agency of government for use by public officials.
Rather, public officers and political office holders are to receive 250 per cent of their annual basic salary as motor vehicle loan, which translates to N5.07 million for each senator and N545,000,000 million for 109 senators and not N4.7billion as quoted by the senate.
Sources at the National Assembly however said the Senators got these loans before also proceeding to acquire these new Toyota Land Cruisers.
The Senate spokesperson also said the cars in Mr. Saraki’s convoy are so old that they are begging for replacement.
Yet Premium Times learnt the cars were only supplied shortly before the end of the last legislative session in June.
Mr. Abdullahi did not also explain why 10 cars were being bought for Mr. Saraki when the law only provides for six cars for him.
Read the full statement by the senate below
PROJECT VEHICLES FOR COMMITTEE WORK, SAYS SENATE
“The vehicles are not meant for individual Senators. They are purchased for the use of the committees.
“For those who may want to find out what happened to the ones bought in the past, we cannot expect that after four years, the vehicles will still be in the condition to effectively serve the present committees. The best practice in government institutions and even private organizations is for official vehicles allocated to top officials after four years of use to be sold at the depreciated value”, Abdullahi stated.
“We have been very frugal, responsive and responsible in our spendings. We have also cut down on several expenses. However, there are certain expenses and purchases that are normal in government and any organisation generally. The legislature is not an exception.
“With respect to the official vehicles of the Senate President, it should be noted that majority of the vehicles in his convoy are his personal vehicles while some of the vehicles that he inherited, including his official vehicles and the back up car, are so old that they are already developing faults and not fit for long journey. We can recall that on several occasions, his official car broke down. Three instances will suffice here. I remember on a visit to Nasarawa state for a wedding of the daughter of a colleague. Other occasions were at the National Mosque three weeks ago and at the Abuja airport.
“The implication is that the vehicles in his official convoy are so old that they are already causing embarrassment for the Senate. The media should know that a man of his antecedent will not at this point be excited with purchase of new cars. His official cars are really long overdue for replacement.
“The media should avoid deliberately portraying the legislature as irresponsible and inciting the people against it. We seek the understanding of the media to explain issues and situations to the people. Both the media and the legislature have different roles to play in sustaining our democracy and none should be seen to be undermining the other.”

Posted by on December 14, 2015, 1:10 am.

www.naijacoolgist.com

2 Likes 2 Shares

Re: Why We Are Buying N4.7billion Worth Of Cars- Nigeria Senate. by slap1(m): 4:14am On Dec 14, 2015
The ones bought by the fomer Senate, nko?

36 Likes

Re: Why We Are Buying N4.7billion Worth Of Cars- Nigeria Senate. by disloman(m): 5:03am On Dec 14, 2015
These boys are mad.Must they buy prado SUV?Do they know what we Nigerians are experiencing this moment?These boys need to be stoned.

125 Likes 9 Shares

Re: Why We Are Buying N4.7billion Worth Of Cars- Nigeria Senate. by Ghandi12: 5:10am On Dec 14, 2015
1. Sinator Saraki suffering from pilfering sacomata

http:///full-list-of-sen-bukola-sarakis-assets/

Breakdown of his properties are N120 million and $224 million incomes as annual rent from his landed properties in Nigeria and London.
BUKOLA SARAKI’S ASSETS
Plot 212 Musa Yar’Adua Street, Victoria Island, N700 million.
Others are a plot of land on Lekki Phase (block 72), N7 million;
Ibafo near Ajah, N5 million;
Buildings on number 42 Gerrard Road, Ikoyi, N750 million;
19 Roxton Road, Ikoyi, N500 million;
62 Awolowo Road, Ikoyi, N100 million;
15A & B MacDonald, Ikoyi, N160 million
6 Vulga Street, Maitama, Abuja, N60 million.
HIS LANDED PROPERTIES
123A, Ashley Gardens, Thirleby Road, London, valued at $750,000. (N120 Million Naira)
56 Cheyne Court, SW 3, London, $900,000; (N144 Million Naira)
54 Ashley Gardens, Ambrasden Avenue, London, $2.5 million; (N400 Million Naira)
141 Ashley Gardens, Thirleby Road, London, $600,000; (N96 Million Naira)
Nell Gwynn House, Sleave Avenue, London, $400,000; (N64 Million Naira)
Ormond House, Ormond Street, S/London, $400,000; (N64 Million Naira)
53 Ashley Gardens, Ambrasden Avenue, London, $2.5 million, (N400 Million Naira)
70 Bourne Street, S/W London, valued at $4.8 million. (N768 Million Naira)

HIS MOVABLE PROPERTIES

Mercedes S320, N16 million;
Mercedes S500, N20 million;
Mercedes G500, N18 million;
Mercedes V220, N6 million
Mercedes 300E, N2 million.
Mercedes ML 240, N8.5 million;
Mercedes CLK 320, N9 million;
Mercedes E320, N11 million;
Mercedes G500 bullet-proof, N45 million
Mercedes S500 bullet-proof, N30 million.
Ferrari 456 GT N25 million;
Navigator, N15 million;
Peugeot 406, N2 million,
Lexus Jeep bullet-proof, N30 million
Lincoln Navigator bullet-proof, N25 million.



HIS CASH DEPOSITS IN DIFFERENT BANK ACCOUNTS
NIGERIA
Societe Generale; N11 million
Ecobank, Broad Street, Lagos, N350, 000;
Citizens Bank, Broad Street, Lagos, N390, 000;
Citizens Bank, Broad Street, Lagos, N600,000;
Ecobank Nigeria plc, Broad Street, N10.3 million,
Guaranty Trust Bank, Adeyemo Alakija Street, Lagos, N2.9 million.
Societe Generale Bank, Oke Arin Street, Lagos, N23 million
Guaranty Trust Bank, Adeyemo Alakija Street, Lagos.
FOREIGN BANK ACCOUNTS
Coutts & C, 440 Strand, London, £905,000; (N235.3 Million Naira)
Northern Trust International Banking Corporation, Merrillynch Piece Fender, $400,000 (N64 Million Naira)
Fortis Bank, Camoile Street, London, £2 million. (N520 Million Naira)

HIS FOUR CHILDREN
His four children Tosin, Seni, Teniola and Teniayo, are worth N741.89 million in cash,

HIS WIFE
Toyin Saraki, had a net asset of N1.49 billion as at 29 May 2003.



Source: Kwara Matters.


How many cars does one man need to move around in?

108 Likes 8 Shares

Re: Why We Are Buying N4.7billion Worth Of Cars- Nigeria Senate. by modath(f): 5:12am On Dec 14, 2015
slap1:
The ones bought by the fomer Senate, nko?

That one is not the latest model!!

You are not a learner nah, cheesy cheesy

You can't expect lawbreakers of a major opec country "whose economy is booming" to rock old model automobile, it is not befitting. smiley

Saraki welldone, please buy the senator's loyalty the more, even buy cars for their drivers as well & stay on that seat forever, everyone knows that the zenith of your political career... angry

Overambitious MOFO!! sad

Ole, jegudu jera, wonbia ....

60 Likes 3 Shares

Re: Why We Are Buying N4.7billion Worth Of Cars- Nigeria Senate. by Demmocrats(m): 5:14am On Dec 14, 2015
They will go for Toyota etc and leave our indigenous company like Innoson, even when millions of Nigerians are suffering they still want new vehicles. That money is enough to establish hundreds of world class cassava industries to employ thousands of unemployed graduates instead they are using it to improve Oyibo's economy.

Cursed and End Time Politicians.

55 Likes 3 Shares

Re: Why We Are Buying N4.7billion Worth Of Cars- Nigeria Senate. by Ghandi12: 5:21am On Dec 14, 2015
2. Meanwhile in the same nation where these beasts are leaders

46 Likes 3 Shares

Re: Why We Are Buying N4.7billion Worth Of Cars- Nigeria Senate. by feldido(m): 5:28am On Dec 14, 2015
Senseless Defense, these guys are d real problem of this country. Be it APC or PDP

65 Likes

Re: Why We Are Buying N4.7billion Worth Of Cars- Nigeria Senate. by Ghandi12: 5:33am On Dec 14, 2015

9 Likes

Re: Why We Are Buying N4.7billion Worth Of Cars- Nigeria Senate. by Ghandi12: 5:37am On Dec 14, 2015

3 Likes

Re: Why We Are Buying N4.7billion Worth Of Cars- Nigeria Senate. by cold(m): 5:39am On Dec 14, 2015
'A looter does not become a saint simply by switching parties'..Ben Bruce.
Anyone who thinks these set of people have the interest of the electorates at heart is simply being delusional. The ràpe of our commonwealth continues apace. I feel for these armchair warriors who dissipate their energy defending these crooks like their lives depend on it. The more things change,the more they stay the same.

61 Likes 2 Shares

Re: Why We Are Buying N4.7billion Worth Of Cars- Nigeria Senate. by Hefemale: 5:47am On Dec 14, 2015
Wicked men

1 Like

Re: Why We Are Buying N4.7billion Worth Of Cars- Nigeria Senate. by Nobody: 5:55am On Dec 14, 2015
They should mismanage and steal all the 2016 budget when its get to their hands. I did not vote apc!b!

4 Likes

Re: Why We Are Buying N4.7billion Worth Of Cars- Nigeria Senate. by ultrazone(m): 5:55am On Dec 14, 2015
Bad
Re: Why We Are Buying N4.7billion Worth Of Cars- Nigeria Senate. by Nobody: 5:55am On Dec 14, 2015
Hmm
Government of the rich, by the rich and for the rich.

6 Likes

Re: Why We Are Buying N4.7billion Worth Of Cars- Nigeria Senate. by dipopooo(m): 5:56am On Dec 14, 2015
Let dem continue spending our money anyhow. Abi no b same country dat say e no fit pay workers 18k minimum wage? One day dere monkey go go market e no go come bak. Our rulers ar pushing us to d wall.

18 Likes

Re: Why We Are Buying N4.7billion Worth Of Cars- Nigeria Senate. by initialize(m): 5:56am On Dec 14, 2015
Re: Why We Are Buying N4.7billion Worth Of Cars- Nigeria Senate. by kekakuz(m): 5:57am On Dec 14, 2015
Pls feel free to buy anything you like
I mean we already made d mistake and we must endure for four years

6 Likes

Re: Why We Are Buying N4.7billion Worth Of Cars- Nigeria Senate. by iteleaye(m): 5:57am On Dec 14, 2015
Ok
Re: Why We Are Buying N4.7billion Worth Of Cars- Nigeria Senate. by lilprinze: 5:58am On Dec 14, 2015
what kind of selfish and greedy politicians do we have in this country like this all they know how to do to waste our money anyhow .

3 Likes

Re: Why We Are Buying N4.7billion Worth Of Cars- Nigeria Senate. by trendphemmy(m): 5:58am On Dec 14, 2015
dere is no sanity in d nation


were dey carless before they won election? that could set up a self sufficent company in each geopolitical zone. that will reduce poverty and unemployment.

well I feel if most people get dere dey will still do same thing


THE GOOD PEOPLE DON’T KNOW HOW TO WIN ELECTION

7 Likes

Re: Why We Are Buying N4.7billion Worth Of Cars- Nigeria Senate. by mrking3(m): 5:59am On Dec 14, 2015
This is quite sad! What ever happens to their individual private cars? This 8th senate is apparently the worst senate since democracy!!! How on earth do they feel comfortable to squander this billions on luxury cars at a time the Nation is on it kneels!! Now I see the change they have been preaching about! How can there be a positive change in this government when the same people that have been pointing accusing finger on PDP were still part and parcel of PDP for 16 solid years!!!

14 Likes 1 Share

Re: Why We Are Buying N4.7billion Worth Of Cars- Nigeria Senate. by Phoenix001(m): 5:59am On Dec 14, 2015
This ones na human?

6 Likes 1 Share

Re: Why We Are Buying N4.7billion Worth Of Cars- Nigeria Senate. by chiedu7: 6:02am On Dec 14, 2015
This is the Change Nigerians Voted for.

People are hungry and they want to spend billions on Cars.

People are hungry and they want to spend Billon's looking for oil in the north when oil prices are falling.

The economy is crashing and the little money left they want to waste

The sooner they permit peaceful exit of the south the better.

APC is truly a change, change to DEATH

15 Likes

Re: Why We Are Buying N4.7billion Worth Of Cars- Nigeria Senate. by jamalsky: 6:02am On Dec 14, 2015
Hmmmm
Re: Why We Are Buying N4.7billion Worth Of Cars- Nigeria Senate. by texazzpete(m): 6:02am On Dec 14, 2015
Of course, Ben Bruce is silent on this one. No Twitter outburst from him.

APC senators and PDP Senators, United in chopping our money.

22 Likes

Re: Why We Are Buying N4.7billion Worth Of Cars- Nigeria Senate. by paramedic: 6:02am On Dec 14, 2015
At this hard times??
Silly!!!
Re: Why We Are Buying N4.7billion Worth Of Cars- Nigeria Senate. by cruzita(f): 6:03am On Dec 14, 2015
this people are really selfish .all that money just for cars and yet no food in idp camps.God is watching

4 Likes

Re: Why We Are Buying N4.7billion Worth Of Cars- Nigeria Senate. by bjjbam: 6:05am On Dec 14, 2015
A lot of Nigerians joyfully drive 2000 model cars yet these thieves are telling us that cars bought last year June are 'sooooo old'. I am actually waiting for what ObamaNikoro-senate committee chairman on twitter will say abt this one.

12 Likes

Re: Why We Are Buying N4.7billion Worth Of Cars- Nigeria Senate. by Pavore9: 6:05am On Dec 14, 2015
The defense makes no sense and this being a priority in this present economic downturn shows how insensitive these group of people are!

4 Likes

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