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

Dogara Celebrates Baba Jang at 82, Hails Him as a Visionary Statesman

Former Speaker of the House of Representatives and Chairman,...

Kogi NUJ Correspondents’ Chapel to Hold 2026 Press Week in Lokoja

The Correspondents’ Chapel of the Nigeria Union of Journalists...

A’ibom: Police burst Human rrrrTrafficking Syndicate, rescue four

 By Ogenyi Ogenyi, UyoPolice Operatives in Akwa Ibom have ...

Ombugadu Explains APC Defection as Women’s Group Declares Support for Tinubu

From Abel Zwanke, LafiaFormer Peoples Democratic Party (PDP)...

Eid-el-Fitr: Wike Urges Unity, Peaceful Coexistence Among Abuja Residents

By Joyce Remi-BabayejuThe Minister of the Federal Capital Territory...

Wike Approves FCT Disability Desk

… FCTA Reinstates Commitment to PLWD InclusionBy Joyce Remi-...

FG moves to strengthen Mining Laws

By Ogenyi Ogenyi UyoThe president Nigeria Mining and Geosciences...

Kogi NUJ Correspondents’ Chapel to Hold 2026 Press Week in Lokoja

The Correspondents’ Chapel of the Nigeria Union of Journalists...

Eid-el-Fitr: Kogi Revenue Chairman Sends Greetings to Staff

The Executive Chairman of the Kogi State Internal Revenue...

Eid-el-Fitr: Kogi Governor Ododo Urges Unity, Prayers for Nigeria

Kogi State Governor Ahmed Usman Ododo has extended Eid-el-Fitr...

Related Articles

Popular Categories

spot_imgspot_img