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

FGN, IFAD-VCDP Host Nutrition Policy Dialogue to Improve Nutrition Outcomes in Kogi State

From Noah Ocheni, LokojaThe Federal Government of Nigeria...

FG Seeks Appeal Against Court Order to Investigate Attacks on Journalists in Nigeria

By Achadu Gabriel, KadunaThe Federal Government has applied to...

Delta Governor Oborevwori Presents 65 SUVs to Traditional Rulers to Boost Governance

By Anne AzukaGovernor Sheriff Oborevwori of Delta State on...

Geopolitical Balancing Strategy, China, Iran and the Donroe Doctrine

By Prof Sheriff Ghali IbrahimThe twilight of the Second...

Presidential Tax Committee Commends Kogi’s Progress in Tax Reform

From Noah Ocheni, LokojaThe Presidential Committee on Fiscal Policy...

Abia 2027: Otti Dismisses Opposition Threats, Vows Focus on Governance

By Okechukwu Keshi UkegbuAbia State Governor, Alex Otti, has...

Bayelsa Police Arrest Key Suspect in Kidnapping of High Court Judge Omukoro

The Bayelsa State Police Command has arrested a key...

FG Seeks Appeal Against Court Order to Investigate Attacks on Journalists in Nigeria

By Achadu Gabriel, KadunaThe Federal Government has applied to...

Ododo Urges Nigerian Army to Be Proactive, Focused at 12 Brigade WASA in Kogi

From Noah Ocheni, LokojaKogi State Governor, Alhaji Ahmed...

My government remains focused- Gov. Otti

By Okechukwu Keshi UkegbuGovernor of...

Nephew Linked to Kano Family Massacre as Residents Recount Horror

Fresh details have emerged over the gruesome killing of...

Tinubu Orders Probe into Killing of Woman And Six Children in Kano

President Bola Tinubu has ordered a comprehensive investigation into...

Related Articles

Popular Categories

spot_imgspot_img