The Bola Ahmed Tinubu-led government is set to sell three jets in the Presidential Air Fleet (PAF).
Meanwhile, the proposed sale of the presidential jet as gathered by reports is part of the cost-saving measures being adopted by the Tinubu administration.
There are 10 aircraft in the fleet – six jets and four helicopters – which will be cut to seven if the planned action sails through.
During the administration of President Muhammadu Buhari, the plan to sell two planes in the fleet did not materialize.
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.
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.
