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Monday, 7 August 2017

Reps Take Delivery Of 200 ‘Exotic’ Peugeot Cars Worth N6.1bn Amid Recession

In spite of the economic challenges gorging hard into the core of the country, members of the House of Representatives have started taking delivery of the over 200 of the 360 Peugeot 508 cars it ordered from Peugeot Automobile Nigeria Limited (PAN).

Although all 360 lawmakers are yet to receive their July salaries, The Punch quoted the Chairman of the House Committee on Media and Public Affairs, Mr. Abdulrazak Namdas, as saying on Sunday that over 200 members had been given Peugeot 508 series for “utility services.”

Namdas further said that the rest of the vehicles would be supplied before the end the year.

It was gathered that there was disquiet in the lower chamber of the National Assembly last week over the vehicles, ordered since April last year.

He said: “Over 200 have been supplied out of 360 and we are still getting more.

“Every member will get a car by the end of this year. The issue is that the payment and supply of the vehicle is being done in instalments.

“The House and the company (Peugeot Automobile Nigeria Limited) agreed to this arrangement of paying and supplying in instalments.

“Naturally, not all the members can get their cars at the same time and we have explained to them why this cannot be possible.”

Although the initial contract was N10 million for each, it has now been reviewed to N17m per unit, totaling N6.1 billion.

Namdas said the major cog in the wheel of the supply was paucity of funds, saying “You know that we have not started the implementation of the 2017 budget fully. You will appreciate the fact that payment for these cars will come from the budget.”

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