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President Tinubu Reportedly Directs Sale Of Three Presidential Jets Over Cost Of Maintenance
Three jets in the Presidential Air Fleet (PAF) are to be sold off to cut down on the bloated cost of running the government.
According to The Nation, there are 10 aircraft currently in the presidential fleet – six jets and four helicopters – which will be cut to seven if the planned action sails through.
According to the report, this is part of the cost-saving measures being adopted by President Bola Tinubu’s administration.
Not less than N80 billion had been budgeted for the PAF as maintenance cost, from 2016 to 2023. In 2016 (N3.65 billion), 2017 (N4.37 billion), 2018 (N7.26 billion), 2019 (N7.30 billion), 2020 (N6.79 billion), 2021 (N12.55 billion), 2022 (N12.48 billion) and in 2023 about N25.7billion, made up of N13billion in the budget and N12.7billion in the 2023 Supplementary Budget.
Although the amount released from the budgetary line year on year could not be ascertained, the President was said to be uncomfortable with the rising cost of maintenance and therefore directed that the fleet should be reduced.
Citing a source, the president was particularly concerned about the frequency of maintenance and how much it costs the nation.
“The President is uncomfortable with the rising cost of maintaining the planes,” the source said.
“Three planes have been pencilled down for disposal. The main reason is cutting down high maintenance costs.
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“I think officers in PAF were particularly concerned about the frequency of maintenance and how much it costs the nation.
“The President decided to let off the aircraft that constitute the most burdensome.”
Then-President Muhammadu Buhari’s government also planned to sell off two planes in the fleet but eventually failed to dispose of them.
In October 2016, a Dassault Falcon 7x executive jet and a Beechcraft Hawker 4000 business jet were put up for sale.
The preferred bidders who initially agreed to pay $24 million for the two aircraft, later reduced their offer to $11 million. This was rejected by the then government.
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Thereafter, an arrangement to put some of the aircraft on chatter for willing governors was initiated to make the planes income-generating, thereby reducing the government expenses on maintenance.
The planes in the Presidential Fleet are Boeing Business Jets (BBJ) 737, Gulfstream G550, Gulfstream G500, two Falcon 7X, HS 4000, two Agusta 139, and two Agusta 101.
The BBJ 737 is the Nigerian Air Force One, which is used exclusively by the President.
It is designed to serve as an office and a residential quarter on air to enable the president to function effectively during his trip.
The President also uses one of the helicopters for shuttles during his trips around the country.
Other jets in the fleet are used by top government officials including the Vice President, governors, Senate President, Speaker of the House of Representatives, National Assembly members on special shuttles, Secretary to the Government of the Federation, ministers on special missions, Chief of Staff, advisers and even ambassadors of plenipotentiary status.
The report noted that it could not ascertain whether the President’s BBJ 737 would be sold and replaced.
The BBJ was bought for about $43 million during the administration of President Olusegun Obasanjo.
A Falcon and Embraer jets have been slated to be sold.
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- Alleged Fraud: Yahaya Bello Pleads Not Guilty to EFCC’s 16-Count Charges
- Again Speed Darlington Arrested at Imo State Show
- Tinubu Embarks on Three-Day State Visit to France
An investigation confirmed that the presidency might have incurred over $5 million as maintenance fees in the past few months.
It was unclear the actual figure of outstanding commitments on the fleet which have not been settled.
Giving reasons for the use of some of the planes by top government officials, a source said: “It takes much time to connect some African countries by air. In such a situation, the Presidential Air Fleet is handy.
“The use of the fleet is domiciled in the Office of the National Security Adviser (ONSA) for effective management.”
Last week, President Tinubu in another cost-saving measure imposed a three-month travel ban on public-funded foreign trips by Federal Government officials.
This takes effect from today, April 1.
