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

PDP Screens Candidates Ahead of Convention, Signals Continuity in National Leadership

The Peoples Democratic Party (PDP) has begun screening aspirants...

Cement at ₦11,000: Is it time for Nigerians to return to building with mud?

Rising cement prices, now exceeding ₦11,000 per bag, are...

Nasarawa Accountant General Resigns, Declares 2027 Governorship Bid

By Abel Zwanke, LafiaThe Accountant General of Nasarawa State,...

Asagba of Asaba Assures Non-Indigenes of Prioritised Interest

By Anne AzukaThe Asagba of Asaba, His Royal Majesty...

AIG Adenola Congratulates Newly Decorated Police Officers

Assistant Inspector General of Police, Zone 16, , has...

Troops Foil Attempted Mass Abduction of Travellers in Borno, Rescue Over 150

Troops of Operation Hadin Kai have foiled an attempted...

Nigeria Targets 12bcf Daily Gas Output as Production Rises Under Reform Drive

Nigeria’s gas production is increasing as the Federal Government...

Prosperity Cup 2026: Bayelsa United Feeders, Izuo Gillette Advance to Round of 32

By Kumo Amgbare, YenogoaProsperity Cup 2026: Bayelsa United Feeders,...

Police begin Medical,Sanitation outreach in A’ibom

By Ogenyi Ogenyi, UyoThe Police Command in Akwa Ibom...

Uba Sani, Ribadu, Shehu Sani Pay Condolence Visit to El-Rufai Family Amid Skepticism

…Isah Pantami Delivers Forgiveness Sermon, Calls for Unity in...

Related Articles

Popular Categories

spot_imgspot_img