NEWSTOP STORY

Reps spend over N3.5bn on exotic cars 

At a time when nations are pulling resources together to fight the coronavirus pandemic, the House of Representatives has taken delivery  of not less than 10 million dollars on utility vehicles.

Punch newspaper exclusively reported that the green chamber has started taking delivery of the Toyota Camry 2020 model cars acquired for members as official cars.

The newspaper’s correspondent sighted the cars at different parking lots within the National Assembly Complex, on Thursday.

It was gathered that the legislators, in a closed-door meeting of February 5, resolved to purchase 400 units of the exotic car.

A  checks on the website of Toyota revealed that each of the vehicles does not cost less than US$25,000, excluding the cost of shipping and customs duties.

Ccalculating the amount, using the 350naira/1 dollar exchange rate, the 400 exotic cars gulped nothing less than 3.5 billion naira.

This is coming at a time when Nigeria, just like many other countries, is battling the surge of Covid-19. The country has recorded 65 cases in total.

This paper reported how individuals and groups have contributed to the fight against the pandemic by donating funds for the purchase of medical equipment.

Former Vice president Atiku Abubakar donated 50 million naira, while the United Bank of Africa (UBA) offered 15 million dollars on Thursday.