• FG expects N20bn from sale of presidential jets

    FG expects N20bn from sale of presidential jets

    Not less than N20 billion (about $50 million) is expected by the Federal Government from the sale of two out of the 10 airplanes in the presidential fleet.

    The figure, according to sources, is based on “the current market value” of Falcon 7X and Hawker 4000, as well as their year of entry into service (still recent) and the short distance they have travelled till date.

    Aviation experts corroborated the valuation of the aircraft, with some telling the office of the National […]

  • President Buhari to hand over presidential jets to NAF

    President Buhari to hand over presidential jets to NAF

    Barring any last-minute change in plan, President Muhammadu Buhari will on Monday hand over some aircraft in the Presidential Air Fleet to the Nigerian Air Force, it has been gathered.

    A top Presidency source said on condition of anonymity that the handover ceremony would hold at the Presidential Wing of the Nnamdi Azikiwe International Airport, Abuja.

    Although the source was not forthcoming on the number of aircraft to be handed over to NAF, it was learnt that at least two of such […]

  • FG to sell two presidential jets, asks bidders to quote in dollars

    FG to sell two presidential jets, asks bidders to quote in dollars

    The federal government has advertised the sale of two aircraft in the presidential fleet and directed that the bids be quoted in US dollars.

    A Falcon 7x and Hawker 4000 are the aircraft to be disposed, according to Newsmen.

    Interested buyers were asked to inspect the Falcon at the presidential wing of the Nnamdi Azikiwe International, Airport, Abuja, and the Hawker at Cessna Zurich Citation Service Centre, Zurich, Switzerland.

    The office of the national security adviser (NSA), which is in charge of the […]