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

Project Ebulejonu Drives Campaign Against Gender-Based Violence in Kogi

By Noah Ocheni, LokojaStakeholders in Kogi State have intensified...

Heart Beat Of A Nation: Celebrating Leadership Excellence.

Bello Mohammed Goronyo.His Excellency Mr. President.,I am very much...

Kogi Awards Contract for 9km Dualisation of Airport Road

From Noah Ocheni, LokojaThe Kogi State Government has approved...

Nentawe’s Next 4 Years

By Daniel DalyopThe 8th National Convention of the All...

Kogi AGILE Launches Massive Renovation of 728 Public Schools

From Noah Ocheni, LokojaThe Kogi State Government has launched...

Open Letter to His Excellency, Prof. Babagana Umara Zulum

Your Excellency,Permit me, sir, to first commend your enormous...

Kaduna Labour Threatens Strike Over Delayed Salary Adjustments

The Joint Negotiating Council (JNC) in Kaduna State has...

Kaduna APC Denies Endorsing Preferred Candidates Ahead of 2027 Elections

The All Progressives Congress (APC) in Kaduna State has...

NYA Urges Leaders to Adopt People-Centred Approach Amid National Challenges

The National Youth Alliance (NYA) has called on political...

Youth Group Calls for Nationwide Protests, Urges Action on Political, Economic Challenges

The National Youth Alliance (NYA) has called for nationwide...

CACOL Criticises National Assembly Over Loan Approvals, Demands Transparency

The Centre for Anti-Corruption and Open Leadership (CACOL) has...

China, Pakistan Unveil Five-Point Initiative for Peace in Gulf and Middle East

China, Pakistan Unveil Five-Point Initiative for Peace in Gulf...

Related Articles

Popular Categories

spot_imgspot_img