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

Court Jails Man Five Years for Recruiting Boys into Yahoo School

By Francis WilfredThe Benin Zonal Directorate of the has...

FCT NUT Strike Disrupts School Resumption Ahead of WAEC Exams

By Joyce Remi-BabayejuSchool resumption across the Federal Capital Territory...

UK Award: Dungurawa Congratulates Kwankwaso, Describes Him as an Achiever

By Jabiru HassanA political ally and frontline supporter, ,...

APC Chairman Yilwatda Distributes Farm Inputs to Plateau Farmers

By Israel Adamu, JosThe National Chairman of the All...

Over 40 Nigerians Graduate from Chinese Language Program in Abuja

More than 40 Nigerians have completed the first phase...

Neglect of Teachers Undermining Nigeria’s Education Quality, Demand Urgent Reforms

By Joyce Remi-BabayejuTeachers in the education sector have begun...

End Paywall on Leadership, ADC Rep Aspirant Slams Costly Nomination Forms

End Paywall on Leadership, ADC Reo Aspirant Slams Costly...

NUT Strike: Wike Orders Direct Payment of Teachers’ Salaries, Allowances

By Joyce Remi-BabayejuThe FCT Minister, Barr. Nyesom Wike, on...

2026 Hajj : FCT Pilgrims Board Holds 4th Orientation Phase for Intending Pilgrims

By Joyce Remi-BabayejuThe Federal Capital Territory (FCT) Muslim Pilgrims...

Kaduna Journalists Trained on Digital Tools to Strengthen Peace Reporting

By Achadu Gabriel, KadunaSixty journalists and media practitioners in...

Bandits kill 2, Abduct 7 in Southern Kaduna

By Achadu Gabriel, KadunaGunmen suspected to be bandits...

Senator Lalong Congratulates Hon. John Naandoet on Induction as NIPR Fellow

The Senator representing Plateau South Senatorial District, Distinguished Senator...

Related Articles

Popular Categories

spot_imgspot_img