The equivalent of this at the current Central Bank of Nigeria (CBN) foreign exchange rate of N303 to £1 is N10, 453, 000 (Ten Million, Four Hundred and Fifty Three Thousand Naira).
The Cartier Baignoire Folle 18-Carat White Gold Diamond Ladies Watch comes in a case made of rhodiumised white gold set with brilliant-cut diamonds. On the side of the case is an octagonal crown set with a diamond. The case is 44mm high, 35mm wide and 10mm thick and is covered by glare-proof sapphire crystal glass.
President Muhamdu Buhari was elected riding on the wave of strong anti-corruption, integrity and pro-masses sentiment.
This shocking extravagance by Mrs. Buhari runs contrary to earlier indications that the Buharis are modest and the President, a pastoral farmer with 150 cows, barely raised the money to pay for his presidential nomination form.
Many Nigerians have expressed confidence in the ability of the new President to fight corruption by cutting government waste and running a lean government.
Again, Buhari’s appointment on Sunday of two Spokesmen has drawn criticisms from some Nigerians who say one spokesperson is enough for a Government that preaches change and a radical departure from the alleged wastage of past administrations.
Photo Credit: George Okoro