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How FG Spent N19bn on Presidential Planes in 15 Months – Report
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At least N19.43 billion has reportedly been spent on the maintenance and operations of the Presidential Air Fleet from July 2023 to September 2024.
According to GovSpend, a civic tech platform that tracks and analyses the Federal government’s spending, showed that for 2024, the payouts amounted to N13.55billion, representing 66 per cent of the allocations for the fleet in the 2024 fiscal year.
Most disbursements were labeled ‘Forex Transit Funds,’ typically funds allocated for foreign exchange requirements to facilitate international transactions and engagements.
In the context of the Presidential Air Fleet, such funds are used to cover expenses related to operations outside the country, including fuel purchases, maintenance or services in foreign currencies.
“When aircraft on the fleet are abroad, payments are often made in U.S. dollars or another foreign currency to ensure uninterrupted operations,” a government official explained.
In July 2023, N1.52bn was disbursed in two tranches of N846m and N675m for ‘Presidential air fleet forex transit funds.’
The following month, N3.1bn was disbursed in three tranches of N388m, N2bn, and N713m for the same item.
In November of that year, N1.26bn was released to the Presidential Air Fleet Naira transit account.
The first overhead for 2024 came in March, where N1.27bn were disbursed twice, amounting to N2.54bn. The transit account received N6.35bn in April, N4.97bn in May and N210m in July.
August saw the highest frequency of transactions, with N5.60bn released in six separate disbursements.
Although these transactions were not clearly labeled, the monies were paid into the Presidential Air Fleet naira transit account, including the N35m transfer made in September.
In late April, the transit account received N5.08bn; this came around the same time the President was on a two-nation tour to the Netherlands and Saudi Arabia.
Although Tinubu arrived in the Netherlands in a state-owned Gulfstream AeroSpace 550 Jet, the aircraft could not proceed to Saudi Arabia due to unspecified technical problems. He reportedly continued his journey on a chartered private plane.
At the time, the President’s Boeing 737 business jet was undergoing maintenance. It was later replaced with an Airbus A330 purchased for $100m in August through service-wide votes.
The nearly 15-year-old plane, an ACJ330-200, VP-CAC (MSN 1053), is “spacious and furnished with state-of-the-art avionics, customised interior and communications system,” Tinubu’s Special Adviser on Information and Strategy, Mr. Bayo Onanuga said, adding that it “will save Nigeria huge maintenance and fuel costs, running into millions of dollars yearly.”
The new Airbus A330 is just one of several aircraft currently on the Presidential Air Fleet, arguably one of Africa’s largest, with around 11 aircraft of various makes and models. Until August, it comprised the 19-year-old B737-700 and a 13-year-old Gulfstream Aerospace G550.
The BBJ was acquired during the tenure of former President Olusegun Obasanjo at $43m but became a money guzzler as it aged.
Onanuga, defending the purchase of Airbus A330, argued that the new Airbus 330 aircraft and the costs of maintaining the air fleet were not for the president but in the interest of Nigerians.
“It’s not President Tinubu’s plane; it belongs to the people of Nigeria, it is our property…the President did not buy a new jet; what he has is a refurbished jet – it has been used by somebody else before he got it, but it is a much newer model than the one President Buhari used.
“The one President Buhari used was bought by President Obasanjo some 20 years ago. There was a time when the President went to Saudi Arabia, and the plane developed some problems. The President had to leave the Netherlands with a chartered jet.
“Nigerians should try to prioritise the safety of the President. I’m not sure anybody wishes our president to go and crash in the air. We want his safety so that he can hand it over to whoever wants to take over from him,” Onanuga said.
The presidential aide said he discussed with the National Security Adviser, Nuhu Ribadu, on the faulty plane [Boeing 737 jet] and he said the maintenance costs were excessive because of the age of the aircraft, hence the need for another plane.
The presidential fixed-wing fleet includes a Gulfstream G500, two Falcon 7Xs, a Hawker 4000, and a Challenger 605.
Three of the seven fixed-wings are reportedly unserviceable. Meanwhile, the rotor-wing fleet includes two Agusta 139s and two Agusta 101s, all operated by the Nigerian Air Force but supervised by the Office of the National Security Adviser.
Former President Buhari promised to reduce the number of aircraft in the PAF to the absolute necessary.
In April 2023, three jets were put up for sale, but there were no specifics on which.
However, efforts to sell one of the Dassault Falcon 7x and the Hawker 4000 in October 2016 stalled when a potential buyer reduced their initial offer from $24m to $11m.
Since 2017, budgetary allocations for the fleet have shown a growing trend, with one exception in 2020.
The allocation for the fleet increased from N4.37bn in 2017 to N20.52bn in 2024, showing a 370 per cent rise in running costs.
In 2018, the fleet’s budget rose significantly by 66.13 per cent to N7.26bn, driven by a substantial increase in capital project allocations while maintaining similar levels for recurrent costs. This upward trajectory continued into 2019, slightly increasing the total allocation to N7.30bn.
The exception came in 2020, when the budget dropped by nearly seven per cent to N6.79bn, primarily due to decreased overhead costs, a reflection of the global economic impacts of lockdowns and disruptions in operations.
By 2021, however, the budget surged dramatically to N12.55bn—a record increase of 84.83 per cent from the previous year.
In 2022, maintenance expenses for each aircraft ranged from $1.5m to $4.5m annually.
The 2022, 2023 and 2024 appropriation acts earmarked N12.48bn, N13.07bn and N20.52bn respectively.
On his way to the 2024 Commonwealth Heads of Government Summit in Samoa, a foreign object damaged the cockpit windscreen of Vice President Kashim Shettima’s GulfStream aircraft during a stopover at JFK Airport in New York.
According to Lee Aerospace, manufacturers of the Gulfstream, jet windshields consist of thick multilayered structures of varying layers of glass and transparent acrylic built to withstand collision with a 2kg object.
However, damage to the windshield must have affected its inner layers. While specific prices for replacement can vary based on supplier, labour rates and regional costs, estimates suggest that a single windshield replacement for a G550 can range from $50,000 to $70,000 for part and labour costs.
In an interview with our correspondent, the General Secretary of the Aviation Round Table, Olumide Ohunayo, blamed the meteoric rise in the allocations for the PAF on the age of some of the aircraft in the fleet and declining value of the naira as well as the “commercial use” of aircraft by the Nigerian Air Force.
Ohunayo said, “The cost will definitely increase over the years because for one, this issue of the naira against the dollar. As the naira keeps falling to the dollar, we will see a rise in cost because most of the costs of training crew and engineers and replacing aircraft parts are all in dollars.
“Also, some of these aircraft are not new. The older the aircraft, the higher the cost of maintenance and operation.
“Lastly, during these past years, terrorism and insecurity have increased in Nigeria, which has also affected the cost of insuring the aircraft.”
For his part, the Executive Chairman of the Centre for Anti-Corruption and Open Leadership, Debo Adeniran, argued that the administration’s spending habits were opposite to Nigerians’ expectations of frugality.
“What we are getting from this administration is opposite to our expectation. We thought we would have an administration that would be frugal in spending and very meticulous at implementing its budget.
“But what we are getting is an administration that has fallen in love with profligacy; that doesn’t see anything wrong in living big amid a poverty-stricken nation.
“It is a reenactment of the Shagari administration, whereby they bought the biggest Mercedes Benz and made themselves as comfortable as possible without considering how much the masses are suffering.
“So when you look at a Vice President saying he’s not travelling [to Samoa] again because there was a splinter on the windscreen of his private aircraft. Why should that be the case?
“First and foremost, we need to be represented at such an international meeting, where we should be well represented by the first two citizens of this country.
“He abandoned that, which means we would have lost certain representation that we deserve at that forum. Two, money will have been spent on advance parties that went ahead of the Vice President. But he abandoned the journey altogether.”
President Bola Tinubu has told members of the All Progressives Congress (APC) Presidential Campaign Council not to expect him to accompany them to every campaign event ahead of the 2027 general election, saying he must remain focused on governance and the country’s economic responsibilities.
Tinubu spoke on Wednesday during the inauguration of the APC Presidential Campaign Council in Abuja, where he urged members to take the party’s message to Nigerians across the states and local government areas while he continues to attend to matters of governance.
The president said he agreed with concerns that the demands of the campaign should not distract him from running the country, adding that Nigeria needs his attention at the moment.
“You’ve warned me not to allow the rigour of the campaign to distract me from governance, I hear you. I am in full agreement with your decision. Nigeria needs more attention now,” Tinubu said.
He told council members to excuse him from accompanying them to every campaign event, noting that his administration has bills to pay and international financial obligations to meet.
“So, you will excuse me from going everywhere with you, we have bills to pay. The American creditors cannot wait,” the President said.
Tinubu also said the government needs to attract investors who would commit to long-term investments in Nigeria and contribute to the future of the country’s children.
“We want those investors to come in, be here to stay, to invest for the future of our children,” he said.
The president, however, assured Nigerians that he would continue to engage them directly even as the campaign council took charge of mobilisation across the country.
“However, I will still make time to speak directly with Nigerians, even as you lead the campaign in the states and local government areas,” he said.
Tinubu described the inauguration of the council as more than a campaign activity, saying it represents a renewed commitment to Nigerians and the responsibilities of the ruling party.
“We have not gathered merely to inaugurate a council. We have gathered to renew a covenant. A covenant with Nigerian people and the historic responsibility they have entrusted to us as Nigeria’s governing party,” he said.
He added that the council is expected to communicate the administration’s vision, achievements and agenda to voters nationwide.
“This council will carry our vision, our records and our agenda to every Nigerian, and it will carry them to victory every ward of this country,” Tinubu said.
The president also commended APC members for completing the party’s congresses, recalling that some had predicted internal crises during the process.
He said the party has overcome the challenges and emerged united, crediting members for participating in the process from the ward level to the national leadership.
“They said there will be implosion. We passed through it. We did not fail. You didn’t let us down. We got here together,” he said.
The All Progressives Congress (APC) has named Nyesom Wike, Minister of the Federal Capital Territory (FCT); Ademola Adeleke, Osun State governor; and Chukwuma Soludo, Anambra State governor, as campaign coordinators in its expanded presidential campaign council for the 2027 general election, despite their affiliations with other political parties.
Wike belongs to the Peoples’ Democratic Party (PDP), Soludo is a member of the All Progressives Grand Alliance (APGA), while Adeleke won re-election as Osun governor in 2026 under the Accord Party.
Under the new arrangement, Wike will coordinate the APC campaign in Rivers State and the FCT, Soludo will oversee Anambra, while Adeleke will coordinate the campaign in Osun.
The expanded list is scheduled for inauguration by President Bola Tinubu at the Presidential Villa in Abuja on Wednesday.
The APC initially released its campaign council list on August 22, naming Abdulaziz Yari, former Zamfara governor, as director-general. Senate President Godswill Akpabio, House of Representatives Speaker Tajudeen Abbas and Yobe Governor Mai Mala Buni were appointed deputy director-generals.
In the revised list, Akpabio, Abbas and Kwara Governor AbdulRahman AbdulRazaq are deputy vice-chairmen I, II and III, respectively, while Buni becomes deputy director-general I for the North.
The council also includes former governors and party chieftains as advisers, which include former APC national chairmen Adebisi Akande and Abdullahi Adamu; former Ogun State Governor Ibikunle Amosun; former Osun State Governor Iyiola Omisore; Senator Ibrahim Dankwambo; Senator George Akume; former Ogun State Governor Segun Osoba; and Wale Edun. Obafemi George is listed as an adviser on media.
The Directorate of Election Planning, Coordination, Monitoring and Mobilisation, established ahead of the 2027 general election, has Faleke as Deputy Director-General, with Stella Okotete and Engr. Abdullahi Garba Ramat serving as Secretary I and Secretary II, respectively. Audu Maikori is also listed as a secretary.
Other members of the directorate include Soares Omotola, Bashir Dabo, Sheriff Mohammed Usman, Jibrin Bancir, Ayoola Peter Olajolo, Abubakar Sadiq Sada and Princess Folasade Ogunbiyi.
The Nigeria Democratic Congress (NDC) presidential candidate, Peter Obi, has questioned how the Federal government’s 30-day petrol price discount would reduce poverty, unemployment, insecurity and inequality in the country.
Obi raised the questions in a statement posted on his X platform on Sunday, describing the initiative as a reactive policy that substitutes political optics for sound economic planning.
He argued that the discount, which he said amounts to less than five per cent of petrol costs, is unlikely to address the wider economic challenges facing Nigerians.
“The announcement by the APC-led Federal government offering a 30-day discount on price of petrol to relieve the acute hardship and hunger caused Nigerians by its unplanned removal of subsidy can only be described as another very reactive and confused approach to governance that is now the culture of the Tinubu government,” he said.
Obi said he had delayed commenting on the policy to allow time to assess its outcome, but maintains that the measure has not demonstrated a sustainable approach to addressing the country’s economic difficulties.
He recalled that President Bola Tinubu removed the petrol subsidy on May 29, 2023, arguing that the decision was taken without adequate consultation or a proper assessment of its likely effects on the economy and the livelihoods of ordinary Nigerians.
According to Obi, the subsidy removal was followed by other policies, including the floating of the Naira and tax reforms, which he argued are being implemented without proper sequencing and coordination.
He also criticised the government’s handling of multiple budgets, arguing that the combined effect of the policies has contributed to inflation and rising costs of goods and services.
Obi attributed what he described as increasing multidimensional poverty, business closures, unemployment, insecurity, widening inequality and youth migration to the economic pressures arising from the policies.
He also said the policies had weakened the general well-being of Nigerians, insisting that the government should assess their impact before introducing temporary relief measures.
The former Anambra State governor called for a detailed and publicly available regulatory impact assessment of government policies, arguing that such an exercise would help identify their effects and guide necessary adjustments.
He said a government committed to sustainable economic growth should engage stakeholders and ordinary citizens in consultations to develop inclusive policies that improve living conditions and expand economic opportunities.
Questioning the objectives of the petrol discount, Obi asked whether it would increase productivity and exports or whether it was intended to determine if the subsidy should be restored.
“Will it reduce poverty, unemployment, insecurity, and inequality? Will it increase productivity and exports? Is it a test to ascertain if subsidy should be restored? Is it another political gambit in the face of threats of electoral loss in the 2027 election?” he asked.
“Too many questions, no answer!” the former Governor of Anambra State added.
