CBN Governor, deputies get N10billion bulletproof SUVs, housing, overseas allowances
As the nation groans under hunger, hardship and inflation, the governor of the Central Bank of Nigeria, CBN, Yemi Cardoso, and his four deputies are lavishing in abundance, purchasing ulta-modern armoured vehicles and smiling home with jumbo allowances.
The CBN governor and his deputies were nominated and confirmed by the Senate in September 2023.
It was gathered that Mr Cardoso recently procured six armoured Lexus LX 600 2023 models for himself and four deputies at the cost of over N10 billion.
Insiders said each of the apex bank’s deputy governors — Emem Usoro, Philip Ikeazor, Bala Bello and Sani Abdullahi — has taken delivery of one of the armoured SUVs.
Sources however said the apex bank governor got two SUVs, to be used in Lagos and Abuja.
According to _DAILY NIGERIAN_ both the governor and his deputies already have armored vehicles in their convoy before the procurement of the new ones.
Insiders further alleged that Mr Cardoso also bought about 20 latest Toyota Camry cars at the rate of N85m for the CBN management and the board members.
The jumbo allowances of the CBN governor, deputies
CBN insiders revealed that the governor and his deputies have allegedly jacked up their annual housing allowances to about a staggering 1 billion naira despite occupying official palatial residences in Maitama, Abuja.
According to the sources, they upgraded their international travel privileges from business class to first class at a time a first-class ticket from Abuja to New York costs about 15,000 dollars.
The insiders said the governor and his deputies have also upgraded their foreign travel allowances, pocketing 7,000 dollars a night for a foreign trip.
Attempts to get a reaction from the CBN spokesperson Hakama Sidi-Ali were unsuccessful as she neither responded to the call nor SMS sent to her phone number.
How much is the Lexus LX 600?
According to www.fox7austin.com, the full-size LX 600 is based on the latest Toyota Land Cruiser, which is a favourite of government agencies and aid organizations operating in hostile areas.
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“The LX 600 is aimed more at the rich and famous looking for protection and includes a host of features that turn their trucks into luxurious bunkers.
“The vehicle has been fully armoured to take shots from a 7.62mm rifle and has been certified to be able to withstand simultaneous blasts from two hand grenades.
“Along with the ballistic bodywork and glass, the vehicle is equipped with protection for its engine, cargo area and fuel tank. It rides on a beefed-up suspension to handle the extra weight and run-flat tyres to keep it moving under all circumstances,” the website said.
Options include a siren, fire suppression system, night vision cameras and escape hatches in case it is rolled or otherwise disabled.
According to the experts, the standard LX 600, with its 409 hp turbocharged V6 and 4×4 drivetrain, starts at $88,245, while the armoured versions cost well over $200,000, depending on the configuration.
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