The administration led by President Bola Tinubu, through the State House in Abuja, has allocated N244,654,350 for the procurement of bulletproof tires, as per information from govspend, a portal that monitors government spending.
These payments, amounting to the total sum, were all made in a single day.
Documents from the portal indicate that on May 21, 2024, just days before the first anniversary of President Tinubu’s tenure, amounts of N200,583,390, N38,070,000, and N6,000,960 were disbursed for these items.
President Bola Tinubu assumed office on May 29, 2023.
These spending actions occur amidst economic difficulties and a shortage of funds in the country.
According to Daily Trust, the documents showed two separate payments for the acquisition and delivery of an unspecified quantity of bulletproof vehicle tires, as well as another five armored bulletproof tires to Obi-Wealth Enterprises Nigeria Limited (RC-640684) for N200,583,390 and N38,070,000. This company is reportedly inactive on the CAC portal.
Hommy & Fay Investments Limited, which remains active on the CAC portal, managed the remaining supply of an unspecified number of Westlake tires (315/80R22) for N6,000,960.
Efforts to obtain comments from the presidency about the tire expenditures were unsuccessful, as multiple calls to the Special Adviser to the President on Information and Strategy, Bayo Onanuga, went unanswered.