x

FG Plans to Sell Three Presidential Jets to Cut Costs

By Daniel Edu

As part of the administration’s efforts to save costs, the government of President Bola Tinubu is reportedly considering the sale of three presidential jets from the Presidential Air Fleet, which currently comprises ten aircraft, including six jets and four helicopters.

Concerns have been raised over the escalating maintenance costs associated with the fleet, prompting the decision to dispose of the three aircraft identified as the most burdensome in terms of maintenance expenses.

A source familiar with the matter stated that the President is uncomfortable with the rising costs of maintaining the planes and is keen on reducing the financial burden on the nation. The decision to sell the aircraft comes as a response to the frequency of maintenance and the substantial costs incurred.

Earlier reports indicated that in December 2023, the Federal Government approved the sale of the Falcon 900B aircraft from the Presidential fleet, in compliance with the provisions of the Public Procurement Act 2007. The Nigerian Air Force invited interested parties to submit bids for the purchase of the aircraft through email or physical submissions.

Hot this week

Editors Urge Government To Create Safe, Enabling Environment For Journalists

· Ask security agents to find missing Vanguard journalistAs...

EXCLUSIVE: Buhari orders probe of Isa Funtua, AMCON over keystone and Etisalat

Following the controversy generated by the leading opposition party,...

6 Signs your boyfriend thinks you are ugly -Take note of No. 2

They say there are three kinds of people; the...

2023: South-East, Middle Belt Forum Endorses Peter Obi

The South-East and Middle Belt Forum has endorsed the...

FCTA Draws Up Policy Document to Ensure Food Security In Six Area Councils

By Joyce Remi-BabayejuThe Federal Capital Territory Administration (FCTA) has...

Health Insurance: FCT Enrols 198,810 Residents, 10, 065 Pregnant Women In One Year

By Joyce Remi-BabayejuThe Federal Capital Territory (FCT) has enrolled...

China slams 84% retaliatory tariffs on US imports

By Lucy OmakpoChina unveiled retaliatory tariffs of 84% on...

How l was defrauded of N57bn by Ex-AGF Malami and Ex-MD NPA Koko – Emmanuel Otokpa

I*Contract papers fake, forgery– MD NPABy Achadu Gabriel, KadunaAs...

Gov Zulum, Shehu of Borno raise alarm over rising Boko Haram attacks

*Say's attacks target villages, military outposts*Urges FG's urgent action...

2025 Governor Abba Kabir Yusuf Named Leadership Governor Of The Year 2024 For Education.

By Jabiru Hassan.Kano State Governor, Alhaji Abba Kabir Yusuf,...
spot_img

Related Articles

Popular Categories

spot_imgspot_img