Tag: Presidential Jet

Chinese investors allegedly repossess another $57m Nigerian jet in Canada

Aminu Imam
Chinese repossess jet

Chinese firm, Zhongshan Fucheng Industrial Investment Ltd has finalised the repossession of a Bombardier 6000 luxury jet, valued at $57 million, owned by Nigeria. This development follows the company’s recent seizure of Nigerian guest houses in Liverpool, UK, as part of its efforts to recover $70 million in arbitration awards against the West African nation. The repossession of the jet, confirmed by Canadian authorities in Montreal, comes after a court ruling earlier this year authorized Zhongshan to seize the aircraft. Judge David Collier of the Superior Court of Quebec dismissed…

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Chinese firm releases seized presidential jet for Tinubus France trip

Aminu Imam
Asiwaju presidential jet

Chinese firm, Zhongshan Fucheng Industrial Investment Co. Ltd. has released one of the three Nigerian Airbus A330 aircraft that were detained in France following a court order from a Paris judicial court. Recall that the firm had seized a Dassault Falcon 7X, a Boeing 737-7N6/BBJ, and an Airbus A330-243 belonging to the Nigerian federal government, which were stationed at Paris-Le Bourget and Basel-Mulhouse airports. In a statement issued yestetday, the company announced that it had released one of the seized jets as a goodwill gesture ahead of President Bola Ahmed…

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Tinubus govt. spent N14.77bn on presidential jets in 11 months Report

Aminu Imam
presidential jets

President Bola Tinubu’s administration has spent a total of N14.77bn on the repair and maintenance of the presidential air fleet over the past 11 months, as revealed by a published report yesterday. According to reports, the expenditure, which was disbursed in 11 payments from July 16, 2023, to May 25, 2024, was managed through the State Houses Presidential Air Fleet Transit Funds account. The significant spending comes amid plans by the National Assembly to authorise the purchase of two new aircraft. This decision follows the discovery that the Presidents 19-year-old…

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FG to sell nine-year-old presidential jet

Ishaku Yohanna

The Federal Government has put up for sale a jet in the Presidential fleet, Hawker 4000 aircraft with registration number, 5N-FGX/: RC 066. According to ThePunch, the aircraft, which entered into service in December 2011, has capacity for nine passengers and three crews. In a published advert on Wednesday, September 23, 2020, the federal government disclosed that the aircraft with a range of 3,190-nautical mile had flown for 1,768 hours. It is also stated in the advert that at the jet could be inspected at the Presidential Air Fleets hangar…

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