A review of the 2025 proposed budget has revealed that the Nigerian Presidency plans to spend ₦8.6billion on overhaul of presidential air fleet engines.
The review shows that the overhaul of 5N-FGW engines in the presidential air fleet is expected to cost N5.5 billion, while overhaul of two Falcon 7x engines is expected to cost ₦3.1billion.
These expenses are domiciled under the office of the National Security Adviser.
Other expenses include renovation of fifty units of presidential air fleet residential quarters at the rate of a budgeted ₦119.8m; Hangar for presidential air fleet is expected to cost ₦714 million.
Recall that recently, there has been a controversy on the President Tinubu-led government purchasing a new jet, although the administration claimed it bought a refurbished one.
The jet had been estimated at ₦150 billion.
There have been concerns on the prudence in the management of resources by the Nigerian government, especially given the stated scarcity of revenue in the country.
