By Our Correspondent
The Bola Ahmed Tinubu-led administration in Nigeria is eyeing a significant cost-saving measure by proposing to sell three aircraft from the Presidential Air Fleet (PAF).
The move aims to streamline the fleet’s operations and cut down on maintenance expenses.
Currently comprising ten aircraft, including jets and helicopters, the fleet would be downsized to seven if the proposal materializes.
Among the aircraft slated for potential sale are the Boeing Business Jet (BBJ) 737, which serves as the Nigerian Air Force One, along with other notable models like the Gulfstream G550 and two Falcon 7X.
The decision comes amid concerns over the escalating costs of maintaining the fleet, with the presidency reportedly facing maintenance fees upwards of $5 million in recent months.
Although previous attempts to sell off aircraft faced hurdles, including a bid in 2016 that was rejected by the Muhammadu Buhari government, President Tinubu’s administration appears determined to press ahead with its cost-cutting initiative.
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