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

Accelerate Work, Timelines Non-Negotiable – Tarabina Tells Contractors

The Chairman of the Bayelsa State Directorate for Project...

Akpoti-Uduaghan to Appeal N1bn Judgment, Alleges Misrepresentation of Evidence

A Senator representing Kogi Central, Natasha Akpoti-Uduaghan, has directed...

Gunmen Kill Pastor, Wife and Two Children in Plateau Community Attack

By Israel Adamu, JosGunmen have killed a pastor, his...

Former Commissioner Yargwa Declares for Wamba Assembly Seat Under ADC

From Abel Zwanke, LafiaA former commissioner in Nasarawa State,...

Oborevwori Condemns Police Killing, Vows Justice for Slain Delta Youth

By Anne AzukaDelta State Governor, Rt. Hon. Sheriff Oborevwori,...

IGP Warns Officers Against Misuse of Force, Says Uniform Not Shield From Justice

The Inspector-General of Police has cautioned officers against professional...

From Ports to Food: How Partnership with China is Driving Nigeria’s Economic Transformation

For years, Nigeria’s conversations around economic transformation have been...

Oborevwori Condemns Police Killing, Vows Justice for Slain Delta Youth

By Anne AzukaDelta State Governor, Rt. Hon. Sheriff Oborevwori,...

Oborevwori Condemns Police Killing, Vows Justice For Slain Delta Youth

By Anne Azuka Delta State Governor, Rt. Hon. Sheriff Oborevwori,...

NEW LAFIA BYPASS ENDS YEARS OF TRAFFIC NIGHTMARE, TRANSFORMS MOBILITY AND LIVELIHOODS

BY MOHAMMED MUSAResidents and motorists in Nasarawa State are...

Orette Will Make a Big Difference in the Senate – Urhobo Leaders

Urhobo political leaders on Wednesday endorsed as their preferred...

Related Articles

Popular Categories

spot_imgspot_img