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

House of Reps Launches Major Probe into 20-Year Port & Airport Concessions

By Oladosu Adebola Oluwaseun...To quiz NUPRC, operators of...

Insecurity: Kogi Government Orders Temporary Closure of Markets, Motor Parks in Kogi West

The Kogi State Government has ordered the temporary closure...

NDLEA Seizes 7,746 Tonnes of Illicit Drugs, Arrests 339 Suspects in Kogi

By Noah Ocheni, LokojaThe National Drug Law Enforcement Agency...

SPL: ‘You’re Not Close to Ronaldo’s Level’ — Al-Ittihad Legend Noor Blasts Benzema

Al-Ittihad legend Mohamed Noor has launched a scathing attack...

Audi: Trajectory of Success and Changing the Narrative

From a plethora of achievements and milestones—despite daunting challenges...

CDHR National President Extols Virtues of Late Beko Ransome-Kuti

By Jabiru HassanThe National President of the Centre for...

CDHR President Pays Tribute to Late Beko Ransome-Kuti at Memorial Lecture

The National President of the Committee for the Defence...

News Release

Foundation Backs Govt’s Education Development DriveIn what many described as an...

Dr. Sasetu Takes Over as Permanent Secretary, Youths, Sports Ministry

From Abel Zwanke, LafiaDr. Stephen Iliya Sasetu has officially...

Commentary: After NAHCON Chairman’s Exit, Stability Of 2026 Hajj Must Guide Next Steps.

  BY INDEPENDENT HAJJ REPORTERS. Following the resignation of...

Related Articles

Popular Categories

spot_imgspot_img