Sunday, 17 April 2016

Nigerian Senate Buys 108 Toyota Landcruisers At twice The Original Price

The Senate has started taking delivery of 108 Toyota Land Cruiser Sports Utility Vehicles (SUV) it ordered for members at the cost of N3.8 billion, Daily Trust on Sunday has gathered.
Our correspondent learnt that the first set of the cars, numbering 36, was delivered last Tuesday and distributed to Senators last Wednesday. There are indications that the Senate purchased the vehicles at double the price of each in the showroom in Nigeria. The lawmakers bought each for N35.1 million, but checks by our reporter indicated that a Toyota Land Cruiser SUV V6 2016 model is sold at N17 million.
The delivery is coming in spite of the controversy surrounding the purchase of the vehicles. The cars, it was further gathered, were distributed the same day some senators told the Senate President Bukola Saraki that standing committees could no longer perform their statutory functions as a result of the paucity of funds.