The presidency has denied that a yacht spotted in St. Tropez, a coastal town in France, belongs to President Bola Tinubu.

This follows several reports and speculation on social media.

They claimed that a “presidential yacht belonging to the Nigerian government is being used for vacation at St. Tropez.”

However, one of President Tinubu’s media aides, Otega Ogra, took to his verified X page to debunk the reports.

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Ogra insisted that “the yacht belongs to a private individual and not President Tinubu or the Nigerian Navy.”

According to him, flags used by the president or armed forces do not contain a coat of arms like the one on the yacht.

He added: “It is not uncommon for luxury yachts to fly the flag of the owner’s country as well as the flag of the country in which they are registered.

“The official Nigerian flag is Green-White-Green without a coat of arms in the middle. Flags representing the Nigerian President or the Armed Forces do not contain a coat of arms in the centre. Placing anything in the centre of the flag is a clear deviation.”