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Nigerian Senate Set To Spend N4.7b On 120 Toyota Land Cruisers For Saraki, Other - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Nigerian Senate Set To Spend N4.7b On 120 Toyota Land Cruisers For Saraki, Other (23680 Views)

Okorocha Presents 25 Prado Jeeps & 2 Land Cruisers To Imo Lawmakers / N4.7B Poll Cash: Three Mansions Traced To Fayose’s associate - EFCC / Saraki, Other Senators Avoid Main NASS Gate As #occupynass Protests Grow In Numb (2) (3) (4)

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Nigerian Senate Set To Spend N4.7b On 120 Toyota Land Cruisers For Saraki, Other by arresa: 5:58pm On Dec 12, 2015
EXCLUSIVE: Despite cash crunch, Nigerian Senate illegally buying N4.7billion exotic cars for Saraki, other senators



PREMIUM TIMES has now obtained detailed copies of tender documents being discreetly issued to prospective contractors.
In one of the documents, the Senate indicated it was buying 120 units of Toyota Land Cruiser, 2016 model.
Other details of the vehicles included that they must be “American Brand, V8, VXR, 5.7, Auto Engine WITH INTELLIGENCE”.


[b]
The senators also want the vehicles to come with integrated navigator cruise control, QI-Compatible wireless charging and Kinetic dynamic suspension system, as well as being “full option”.

On November 21, the Senate also put up another advert it labelled “addendum”.
The latest advert under Lot 2S, which was couched to look like an oversight in the first advert, was for the purchase of vehicles for the use of the senate president’s convoy.

Under Lot 2S and based on the tender document, which we have also obtained, the national assembly is seeking to purchase a 2016 model Mercedes Benz S550 for Mr. Saraki.

Other vehicles being procured for Mr. Saraki include four 2016 Toyota Prado jeeps, four 2016 Toyota Hilux SS (Auto) as well as a 2016 model Toyota Hiace Bus.
The spokesperson for the Senate, Aliyu Sabi, could not be reached Saturday to comment on these new procurement as his telephone was switched off the several times our reporter called.
The Director of Information of the National Assembly, Ishaku Dibal, declined to comment on the matter. He said he was driving and couldn’t comment after our reporter put his question to him.
Subsequent calls to his telephone failed to connect.
PREMIUM TIMES carried out a market survey on all the vehicles being bought by the senate and we can confirm that the upper chamber would spend over four billion naira of taxpayers money to enhance their taste for luxury.
Specifically, give or take, vehicles are valued at N4.739,515,625.
Although there are 109 senators, the lawmakers are buying 120 Toyota Land-cruisers. It is not clear where the balance of 11 vehicles would go.


We arrived at our figure of N4.7 billion after computing the cost of the vehicles, 35 per cent duties to be paid, and another 35 per cent levy.
There is also the expected 35 per cent profit margin to be made by each supplier based on the requirements of Nigeria’s procurement act.
Our checks revealed that a Toyota Land Cruiser, 2016 model, goes for $84,000, and at the current exchange rate of N250 to the dollar, it amounts to N21,000,000.
If 75 per cent of cost is added, being duty, levy and profit margin (translating to N15, 750,000) each vehicle would cost Nigerian tax payers N36,750,000.
Given that the senators propose to buy 120 units of the vehicles, the total figure is expected to be N4.41billion.
As for the convoy of the Senate president, we found that Mercedes Benz S550 2016 model goes for $95,650, which translates to N23, 912,500 and addition of 75 percent (duty, levy and profit margin) takes the total cost of the car to N49,020,625.00.
For the Toyota Prado SUVs, we were able to determine that each unit costs $73,000, which equals N18,250,000, while a 75 per cent addition of levy, duty and profit would put the cost of each at N37,412,500.
The total cost of the four (4) Prado Jeeps being acquired for Mr. Saraki is N149, 650,000.00.
Equally proposed for the Senate President’s convoy are four Toyota Hilux SS, Auto vehicles each costing $50,150.
At N250 to the dollar, each Hilux Van would cost N12,537,500 and an additional 75 percent would skyrocket the price of each unit to N25,601, 875.00.
The total figure for the four being proposed amounts to N102,407,500.00
The last vehicle under consideration is a Toyota Hiace Bus 2016 model, which by our findings, goes for $65,000 or N16,250,000 in naira value.

An addition of 75 percent, being duty, levy and profit, put the cost of the bus at N28,437,500.00
Below is the number of vehicles and estimated cost in summary.
120NOS Toyota Land Cruiser — N4,410,000,000:00
1Nos.Mercedes Benz S550 — N49,020,625:00
4nos. Toyota Prado — N149,650,000:00
4nos Toyota Hilux SS — N102,407,500:00
1Nos. Toyota Hiace Bus — N28,437,500:00

Grand total: N4.739,515,625.00[/b]

A cocktail of illegalities
[b]PREMIUM TIMES can report that the acquisition of cars for senators is a violation of the monetisation policy of the federal government.
Under the policy, no new vehicles should be purchased by any agency of government for use by 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.
Our sources at the National Assembly said the Senators got these loans before also proceeding to acquire these new Toyota Land Cruisers.

Also, the President of the Senate is said to have inherited the vehicles used by his predecessor, and Senate insiders say “he really does not need new cars as the one he uses are in top condition”.

But even if he needs new cars, the number being acquired for him is in excess of what the law provides.
According to the Revenue Mobilisation, Allocation and Fiscal Commission, the Senate President is entitled to a maximum of six vehicles, and not 10 as being bought for him.[/b]

He is entitled to two official cars, one pilot car, one protocol/press car, one ambulance and one security car.
Members of the two chambers of the national assembly are renown for their taste for exotic vehicles even after receiving monetary pay in lieu of official vehicles based on the provisions of the law.


The Senate had in the last legislative session bought Toyota Prado Jeeps for each Senator at the cost of over N1.3 billion, coming after both chambers had also bought Toyota Camry, for Senators and Peugeot vehicles for members of the House of Representatives.

The allegedly shady deal involved in the purchase of the Peugeot vehicles formed part of the charges against then Speaker Dimeji Bankole when he was taken to court after completing his term.
What N4.7billion can do If deployed towards enhancing healthcare delivery, N4.7 billion can be used in building 235 primary health care centres across Nigeria (enough for at least 6 health care centres in each state) at the cost of N20 million each.


The money, N4.7 billion, can also provide over 470,000 children with insecticide-treated mosquito nets at N10,000 each, saving them from the scourge of malaria which today kills more than 300,000 Nigerian children under the age of five annually and responsible for 11 per cent of maternal mortality cases yearly, according to experts at the Malaria Action Programme for States (MAPS).

Still on healthcare, over 10 million Nigerian kids could get complete malaria treatment dosage, at N460 if the N4.7 billion was directed to this life-saving purpose.

If that money is spent on boosting yield of farm produce, the amount can cover the cost of procurement of about 626,667 bags of fertilizers for Nigerian farmers at N7,500 each.

The money –N4.7 billion – can also offset a six-month wage bill of 40,000 minimum wage workers presently owed salary payment by some state governments seeking bailout from the federal government.

In order to provide conducive learning environment in schools, 470,000 sets of school furniture, comprising table and chair at N10,000 each, can be procured at the cost of N4.7 billion. Yet kids sit on bare floors to study in many schools across the country while the parliamentarians gets N4.7 billion to buy cars
.

In the housing sector, at N7million per piece, the country can provide 671 additional cheap housing for citizens; and provide 51 thousand households with potable water at N92,000 per household connection.
Show entriesSearch:



Unit Cost Amount from 4,700,000,000

Safety net 10000 470,000

Malaria Treamtent Dose 460 10,217,391

Cost of complete immunization 5,750 817,391

Cost of 2-lane road 90,000,000 52

Healthcare centre 20,000,000 235

Low cost housing 7,000,000 671

Cost of Water for an Household 92000 51,087

Fertiliser 7,500 626,667

Cost of a school building 20,000,000 235

Minimum wage 18,000 261,111Showing 1 to 10 of 11 entries


http://www.premiumtimesng.com/news/headlines/195022-exclusive-despite-cash-crunch-nigerian-senate-illegally-buying-n4-7billion-exotic-cars-for-saraki-other-senators.html

7 Likes 8 Shares

Re: Nigerian Senate Set To Spend N4.7b On 120 Toyota Land Cruisers For Saraki, Other by mobaking: 6:45pm On Dec 12, 2015
I hope this is a 'december fool' (april fool) news.The thunder that will strike those senators is doing pressups.

67 Likes 6 Shares

Re: Nigerian Senate Set To Spend N4.7b On 120 Toyota Land Cruisers For Saraki, Other by 8unit(f): 6:46pm On Dec 12, 2015
i love Saraki. My crush.

All this people quoting cos i said i love Saraki. I love him, am proud He's the Number 3 in Nigeria. I've been crushing on him since my secondary school. I've more pictures of him on my phone than i do have mine. He should do whatever he likes with Senate Money, afterall why did u think He spent money to win election? oh u think he spent his money just to be a pauper? Come on. He deserves 15 2016 model cars. Too bad i didn't see any Range Rover. Too bad the cars ain't even armoured. I love u Saraki, i love u daddy, I'll forever do. Haters should die

6 Likes 5 Shares

Re: Nigerian Senate Set To Spend N4.7b On 120 Toyota Land Cruisers For Saraki, Other by Lanretoye(m): 7:09pm On Dec 12, 2015
That amount is less than the minimum wage.

3 Likes 1 Share

Re: Nigerian Senate Set To Spend N4.7b On 120 Toyota Land Cruisers For Saraki, Other by Jengem: 7:18pm On Dec 12, 2015
419 APC Change in action


They are only witchhunting their enemies

APC are thieves too

55 Likes 5 Shares

Re: Nigerian Senate Set To Spend N4.7b On 120 Toyota Land Cruisers For Saraki, Other by Tunami(m): 8:08pm On Dec 12, 2015
jiaaa, and mumuhadu buhari will just sit down somewhere and be telling us that nigeria is broke, yeye dey smell.

19 Likes 1 Share

Re: Nigerian Senate Set To Spend N4.7b On 120 Toyota Land Cruisers For Saraki, Other by bettercreature(m): 8:13pm On Dec 12, 2015
Jengem:
419 APC Change in action


They are only witchhunting their enemies

APC are thieves too
They deserves it,hard work pays
Re: Nigerian Senate Set To Spend N4.7b On 120 Toyota Land Cruisers For Saraki, Other by rozayx5(m): 8:14pm On Dec 12, 2015
cheesy grin grin grin grin

change change

11 Likes

Re: Nigerian Senate Set To Spend N4.7b On 120 Toyota Land Cruisers For Saraki, Other by Akathriel(m): 8:22pm On Dec 12, 2015
All these Senators should have come into this world as pieces of “Always Menstrual Pads”

30 Likes 3 Shares

Re: Nigerian Senate Set To Spend N4.7b On 120 Toyota Land Cruisers For Saraki, Other by captainflash(m): 8:23pm On Dec 12, 2015
8unit:
tongue i love Saraki. My crush
Your crush who doesnt know u, Weather u exist or not, better leave that kind of crush abeg and foscus on ur life. cheesy

7 Likes

Re: Nigerian Senate Set To Spend N4.7b On 120 Toyota Land Cruisers For Saraki, Other by mekaboy(m): 8:48pm On Dec 12, 2015
And u will increase the electricity tariff for the masses in 2016.

Remove subsidy in 2016.

The masses will suffer to get dollars at almost 300 Naira to do business.

The masses will always pay the price for your comfort. You know oil prices are down and 2016 will be tough and yet u want 2016 cars.

34 Likes 1 Share

Re: Nigerian Senate Set To Spend N4.7b On 120 Toyota Land Cruisers For Saraki, Other by wheredemdey: 8:49pm On Dec 12, 2015
This is one of those stories you read and you are convinced that the Blackman nay African is a curse to himself and The entire world.

What on earth is a sane human being doing with 10cars at the same time??

The African man is just a consumer....hardly inventing anything....just consuming ....hardly useful to his society...despite the dearth of good healthcare....gd infrastructure...maternal mortality etc.....some famed politicians wants to spend 4.7b on a depreciable asset like a car

God pls grant one of those uselessss African leaders grace to piss Putin offf so he can just nuke this useless continent.

This country is a big joke

92 Likes 16 Shares

Re: Nigerian Senate Set To Spend N4.7b On 120 Toyota Land Cruisers For Saraki, Other by rozayx5(m): 9:24pm On Dec 12, 2015
lalasticlala

kenai firefire barcanista cheesy cheesy grin cheesy come see change

6 Likes 2 Shares

Re: Nigerian Senate Set To Spend N4.7b On 120 Toyota Land Cruisers For Saraki, Other by Day169: 9:32pm On Dec 12, 2015
Saraki is but a man. Water will always find its level.
Re: Nigerian Senate Set To Spend N4.7b On 120 Toyota Land Cruisers For Saraki, Other by Technocrat1759(m): 9:38pm On Dec 12, 2015
Minimum wage. Dwindling oil price. Subsidy removal. $260 to naira higest in history. Foreign investors leaving.
Senator on car spree..........this only happens in a Zoo...sorry Nigeria.

14 Likes 1 Share

Re: Nigerian Senate Set To Spend N4.7b On 120 Toyota Land Cruisers For Saraki, Other by Nobody: 9:40pm On Dec 12, 2015
4.7? Bln or mln lalasticlala undecided
Re: Nigerian Senate Set To Spend N4.7b On 120 Toyota Land Cruisers For Saraki, Other by Tonnierichy(m): 9:40pm On Dec 12, 2015
Nigeria cry cry

1 Like

Re: Nigerian Senate Set To Spend N4.7b On 120 Toyota Land Cruisers For Saraki, Other by worlexy(m): 9:41pm On Dec 12, 2015
That's why I feel there's a form of disconnect between our leaders and the citizens, misplaced priorities. Economy is crumbling, instead of cutting the cost of governance they rather want to cut the minimum wage, to further impoverish the people.

That aside, I've noticed that Premium Times and Sahara Reporters prefer to use the title 'Mr' for Saraki instead of 'Dr.' Maybe out of hatred or personal beef, the man is a medical doctor for God's sake. tongue

5 Likes 2 Shares

Re: Nigerian Senate Set To Spend N4.7b On 120 Toyota Land Cruisers For Saraki, Other by Nobody: 9:41pm On Dec 12, 2015
When will Nigerians stop sojourning in their fathers land in the hands of their leaders








We seek God's intervention.
Re: Nigerian Senate Set To Spend N4.7b On 120 Toyota Land Cruisers For Saraki, Other by Coolcash1: 9:41pm On Dec 12, 2015
APC or PDP they are the same...Useless politicians deceiving people since 1999

11 Likes 1 Share

Re: Nigerian Senate Set To Spend N4.7b On 120 Toyota Land Cruisers For Saraki, Other by Tycoflu(m): 9:42pm On Dec 12, 2015
These fools will only take us seriously the day we shun party differences and unite to demand for good governance. They all drop their difference once it comes to money sharing or things that will benefit them.

14 Likes 4 Shares

Re: Nigerian Senate Set To Spend N4.7b On 120 Toyota Land Cruisers For Saraki, Other by braine(m): 9:42pm On Dec 12, 2015
No matter the cost of whatever vehicle they want to buy, Nigerians will still complain. Complain complain complain!!! Ahan!

1 Like 1 Share

Re: Nigerian Senate Set To Spend N4.7b On 120 Toyota Land Cruisers For Saraki, Other by mcocolok(m): 9:42pm On Dec 12, 2015
UNA DEY SCATTER THIS COUNTRY LIKE GARRI

1 Like

Re: Nigerian Senate Set To Spend N4.7b On 120 Toyota Land Cruisers For Saraki, Other by Generalkorex(m): 9:42pm On Dec 12, 2015
What happened to Innoson products. This is called racisim

23 Likes 2 Shares

Re: Nigerian Senate Set To Spend N4.7b On 120 Toyota Land Cruisers For Saraki, Other by freshness2020: 9:42pm On Dec 12, 2015
okk
Re: Nigerian Senate Set To Spend N4.7b On 120 Toyota Land Cruisers For Saraki, Other by adonbilivit: 9:43pm On Dec 12, 2015
give Ben Bruce Okada. if Nigerians ride Okada, he will ride okada too

5 Likes

Re: Nigerian Senate Set To Spend N4.7b On 120 Toyota Land Cruisers For Saraki, Other by ChuxMyk(m): 9:43pm On Dec 12, 2015
captainflash:
Your crush who doesnt know u exist, better leave that kind of crush abeg and foscus on ur life.

TAKING THINGS PERSONAL
Re: Nigerian Senate Set To Spend N4.7b On 120 Toyota Land Cruisers For Saraki, Other by yemaldo(m): 9:43pm On Dec 12, 2015
Where is Ben Bruce?

3 Likes

Re: Nigerian Senate Set To Spend N4.7b On 120 Toyota Land Cruisers For Saraki, Other by sweetgala(m): 9:44pm On Dec 12, 2015
That is about $10 million dollars this idiots are about to waste. What happened to the cars they are using till now. Do they not get a transportation grant

6 Likes

Re: Nigerian Senate Set To Spend N4.7b On 120 Toyota Land Cruisers For Saraki, Other by timunstopable: 9:44pm On Dec 12, 2015
Saraki keeps giving Apc a Terrible name

False Declaration of Assets

Alleged Robbery with DSS men attached to him

Now this

6 Likes 1 Share

Re: Nigerian Senate Set To Spend N4.7b On 120 Toyota Land Cruisers For Saraki, Other by koligs: 9:44pm On Dec 12, 2015
I weep for my country.I so pity their gullible followers.
the only solution is for a patriotic Nigerian to throw a bomb in an APC and PDP meeting so we can start all over again without any of them

7 Likes 1 Share

Re: Nigerian Senate Set To Spend N4.7b On 120 Toyota Land Cruisers For Saraki, Other by lomprico(m): 9:44pm On Dec 12, 2015
Who have been to a zoo before? Am just asking, have not been in one before.

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