HomeNigerian Lawmakers Receive N3.6bn...

Nigerian Lawmakers Receive N3.6bn Exotic Cars Despite Economic Recession

The delivery of 360 exotic cars to members of the House of Representatives has begun amid the economic downturn in the country.

Investigations by The PUNCH revealed on Sunday that 28 units of the Peugeot 508 series had already been delivered to lawmakers in Abuja.

The 28 were among the first batch of 50 cars supplied by the Kaduna-based Peugeot Automobile Nigeria Limited.

The House allocated a princely N3.6bn for the cars in the 2016 budget at a unit price of N10m.

A National Assembly top aide told The PUNCH on Sunday that the arrangement with Peugeot was that the company would supply the vehicles in batches because of the huge number of members involved.

“Fifty cars will be supplied in the first batch; 28 have already been delivered. That was last week.

“Twenty-two more in the first batch are expected to be delivered this week,” the source stated.

Findings indicated that the luxury cars would arrive in Abuja in batches till January, 2017 when all 360 members would have picked a unit.

About 223 of the members of the House are new, having come to the National Assembly for the first time in 2015.

But all 360 members will still benefit from the luxury cars, officially known as ‘utility’ or ‘committee’ vehicles.

Investigations showed that owing to paucity of funds, the lawmakers agreed with Peugeot to spread the payment of the N3.6bn across 24 months or “two years’ budget.”

The PUNCH gathered that the original plan was to start the delivery of the cars last June, but the delay in the passage of the 2016 budget stalled it.

“The House was not sure of the provisions in the budget owing to the general drop in the revenue available to the Federal Government this year.

“So, they delayed it till the budget was passed before they continued with the procurement processing.”

It was learnt that a lengthy disagreement among lawmakers preceded the choice of the Peugeot 508 series.

Investigations revealed that while the majority of the new members preferred the 2016 Toyota Camry, others argued in favour of Peugeot 508 on the grounds of patronising ‘Made-in-Nigeria products’.

“Eventually, the argument was sustained that Peugeot should be the choice to encourage local automotive industry; though it would also appear that there was a comparative cost analysis,” another legislative source added.

The Chairman, House Committee on Media and Public Affairs, Mr. Abdulrazak Namdas, confirmed that members had started taking delivery of the vehicles.

Speaking with our correspondent on Sunday, Namdas stated that female lawmakers were the first in line to pick up their units, while the males would take their turn in subsequent batches.

Asked why the House would splash money on 360 exotic cars at a time the country was in recession, Namdas played down any reference to the cars as being “luxury.”

He said, “This issue of cars is long overdue. They are not for luxury but for committee and oversight duties.

“The 8th Assembly is nearing two years, yet members have no cars to carry out their duties.

“Ministers and other officials in the executive have long bought vehicles for official duties.

“At the state level, members of House of Assembly have cars to carry out basic functions.

“I think it is only fair that members of the National Assembly will have utility vehicles for their assignments.”

 

- A word from our sponsors -

spot_img

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

Residents: Key Factors to Consider When Choosing a Self Storage Facility in Philadelphia

Finding the ideal self-storage unit can be challenging, especially in Philadelphia,...

Cheta Nwanze: Failed visa Marriages

by Cheta Nwanze The 1990 film Green Card told a relatively innocent...

- A word from our sponsors -

spot_img

Read Now

Residents: Key Factors to Consider When Choosing a Self Storage Facility in Philadelphia

Finding the ideal self-storage unit can be challenging, especially in Philadelphia, where options abound. Many residents seek facilities that not only safeguard their belongings but also provide value and convenience. In this article, you'll learn the key factors to consider when selecting a self-storage facility in the...

“No Victor, No Vanquished” — Angbazo calls for unity after Nasarawa ADC Governorship Primary win

LAFIA — Retired General Nuhu Angbazo has emerged victorious from the Africa Democratic Congress, ADC, governorship primaries in Nasarawa State, calling on all party faithful to sheathe their swords and rally behind a common vision for the state's development. In a press statement issued shortly after his victory...

Lazarus Angbazo: The Countries that will lead the AI Economy are being decided right Now — By Their PowerGrids

Nigeria has enough installed generation to power a mid-sized country. The grid delivers less than half of it. Around the world, the race to build AI-ready power infrastructure is already underway — and the decisions African governments and investors make in the next eighteen months will determine...

Cheta Nwanze: Failed visa Marriages

by Cheta Nwanze The 1990 film Green Card told a relatively innocent story: a French immigrant and an American woman enter a marriage of convenience so he can stay in the US. They barely know each other. They hope never to see each other again after the deal...

Digital Marketing for Attorneys

In the competitive landscape of legal services, personal injury and medical malpractice attorneys are finding themselves overshadowed by competitors who dominate online visibility. The root of this issue lies in the digital presence that many firms lack. While traditional word-of-mouth referrals still hold value, the digital age...

Lazarus Angbazo: The global power industry is leaving Africa behind

 Dr. Lazarus AngbazoThe nascent AI revolution is not just driving electricity consumption and massive demand for additional capacity—it is reshaping how power is built, maintained, and delivered. For Africa, the real risk is no longer just insufficient capacity—it is also losing control and ability to manage the capacity it...

Bunmi Onabanjo-Kuku: The first thing you feel when you land in Nigeria

By Bunmi Onabanjo-Kuku The first thing you feel when you land in a country is not its culture, not its cuisine, not its people. It is its airport. That threshold, the space between the jet bridge and the city beyond, tells you everything a nation believes about itself...

Dr. Lazarus Angbazo: Why a fractured world strengthens the case for African Infrastructure

How inflation, energy insecurity, power scarcity, and geopolitical fragmentation are reshaping the risk-return case for African infrastructure By Dr. Lazarus Angbazo At a recent global infrastructure summit, the prevailing mood among institutional investors was unmistakable. Faced with surging capital requirements for energy transition, grid expansion, and digital infrastructure in Europe and...

Aliko Dangote to launch what could become Africa’s largest initial public offering to raise $5 billion from investors

Nigeria’s biggest local investor, Aliko Dangote, is moving ahead with plans to launch what could become Africa’s largest initial public offering, as Dangote Petroleum Refinery & Petrochemicals prepares to raise up to $5 billion from investors. The share sale is expected to open as early as May, with...

Criminal networks have turned Nigeria’s telecom towers into open-air warehouses for theft, looting

Criminal networks have turned Nigeria’s telecom towers into open-air warehouses for theft, looting 656 critical power assets across 14 states in 2025 alone and keeping up the pace in early 2026. The Nigerian Communications Commission (NCC) data showed the haul included 152 generators and 504 batteries stolen from...

Paul Yirenkyi: A call for Caution Needed, President Tinubu and the INEC-ADC Crisis

I have seen enough cycles of tension and resolution to recognise when restraint must prevail over confrontation. The current standoff between the Independent National Electoral Commission (INEC) and the African Democratic Congress (ADC) is one such moment. In early April 2026, INEC withdrew recognition of the Senator...

Nigeria’s opposition landscape appears increasingly fractured, disorganised and strategically weakened

10 months until the 2027 general elections, Nigeria’s opposition landscape appears increasingly fractured, disorganised and strategically weakened. Although no fewer than 21 political parties have been registered by the Independent National Electoral Commission (INEC) to participate in the polls, developments within the parties, including internal crises, litigations and other destabilising factors, may...