Presidency denies buying 200 Exotic cars for African first ladies

The Federal Government yesterday reacted over the report which stated that its purchased 200 exotic cars for the ongoing African First Ladies Summit holding in Abuja.
The government said the cars being used in the programme were donated and will be returned to  Coscharis Motors after the event.
But Sources involved in the deal told “Daily Post”  that the Federal Government had taken delivery of the vehicle comprising of 80 units of BMW X3 and X5 series with a market value of N13.5million each, while the remaining 120 are exotic models of Honda, Jaguar and others.
In statement signed and issued by the presidential spokesman, Reuben Abati said“The true facts of the matter are as follows: The African First Ladies Peace Mission (AFLPM) which is holding its summit in Abuja is a Non-Governmental Organisation. Its activities are funded by stakeholders and members of the private sector who support and identify with its objectives.
“In accordance with its modus operandi, the AFLPM set up several committees, including a finance committee to raise funds and sponsorship for the organization of its Abuja Summit. As part of its own contributions to the successful hosting of the summit by the First Lady, Dame Patience Jonathan, Coscharis Motors Ltd.  offered to provide some cars for the event at no cost to the organizers or the Federal Government of Nigeria.
“Under an agreement signed by the committee and Coscharis Motors, all the cars will be returned to the company after the summit
“admits in the report that it could not confirm if the cars were “bought outright or hired” yet it went ahead to publish the totally unsubstantiated headline claim”
Source:Daily post