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Amid recession, Reps take delivery of N3.6bn exotic cars

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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.”

Punch, November 14, 2016

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