Federal Character
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
Federal Character
No Result
View All Result
Home Government

Nigeria Announces Sale of Three Presidential Aircraft to Optimize Fleet Management

Nnaemeka OkwarabyNnaemeka Okwara
June 22, 2024
in Government
0
Nigeria Announces Sale of Three Presidential Aircraft to Optimize Fleet Management
Share on FacebookShare on TwitterShare on Whatsapp

The  Federal Government of Nigeria has decided to put up for sale three of its ageing aircraft. The sale, which is expected to generate funds for the acquisition of a new presidential jet, is part of a broader effort to optimize the management of the country’s fleet.

According to sources familiar with the development, the three aircraft slated for sale are a Boeing 737 Boeing Business Jet (BBJ), a Gulfstream G550, and a Falcon 7x. The sale is being facilitated by JetHQ, a US-based aircraft marketing firm, which has been appointed as the exclusive broker for the transaction.

The Nigerian government’s decision to sell off some of its presidential aircraft is seen as a pragmatic move to reduce the financial burden of maintaining a large fleet. The current fleet, which consists of six airplanes and four helicopters, is reportedly plagued by maintenance issues, with at least half of the aircraft considered unserviceable or failing.

The sale of the three aircraft is expected to generate significant revenue, which will be used to procure a new jet for the presidential fleet. The search for a replacement aircraft is already underway, with the government working to identify a suitable replacement that meets its needs and budget.

The move to sell off some of its presidential aircraft is in line with the Nigerian government’s broader efforts to optimize its resources and reduce unnecessary expenditure. The sale is also seen as a positive step towards enhancing the overall efficiency and effectiveness of the country’s fleet management.

In related news, the House of Representatives Committee on National Security and Intelligence has recommended the purchase of two new aircraft for the president and vice president. However, insiders have revealed that the government may not be able to afford the purchase of two new aircraft at this time, and is instead focusing on acquiring a single new jet that meets its needs and budget.

Overall, the sale of the three presidential aircraft is a significant development that highlights the Nigerian government’s commitment to prudent resource management and fiscal responsibility.

Tags: Aircraftfederal charactergovernmentNewsNigeriaNigeria Announces Sale of Three Presidential Aircraft to Optimize Fleet Managementpresident
Nnaemeka Okwara

Nnaemeka Okwara

Okwara Nnaemeka Emmanuel is a skilled wordsmith, passionate blogger, and content writer with a degree in Media Content, He has made a significant mark in the industry. He also holds certification in Marketing and advertising. He has honed a unique blend of creativity and strategic thinking.Driven by a belief in the power of creativity, He has established a niche for himself in diverse regions, leaving a trail of successful projects and satisfied clients. His ability to craft compelling narratives and engage audiences sets him apart in the competitive world of content creation.As a dedicated professional, He continues to push boundaries and set new landmarks in their field. Whether it's through captivating blog posts, persuasive copywriting, or innovative content strategies, Nnaemeka’s consistently delivers excellence, leaving a long lasting impact

Related Posts

The Emergency That Never Ends: Inside Tunisia's Latest 11-Month Extension
Government

The Emergency That Never Ends: Inside Tunisia’s Latest 11-Month Extension

January 31, 2026
Who Rules Onitsha? Governor Soludo’s Takeover vs. IPOB's Sit-At-Home Order
Government

Who Rules Onitsha? Governor Soludo’s Takeover vs. IPOB’s Sit-At-Home Order

January 31, 2026
U.S. Slaps Sanctions on Iran’s Brutal Ministe
Government

U.S. Slaps Sanctions on Iran’s Brutal Minister

January 30, 2026
Next Post
Burna Boy’s Medical Bill Payments: UPTH Sets the Record Straight

Burna Boy’s Medical Bill Payments: UPTH Sets the Record Straight

Lagos Taskforce Officers Detained Over Illegal Operation Resulting in Civilian Death

Lagos Taskforce Officers Detained Over Illegal Operation Resulting in Civilian Death

Malawi’s New Vice-President: Comedian Michael Usi Takes Oath of Office

Malawi’s New Vice-President: Comedian Michael Usi Takes Oath of Office

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

FG Retrogresses on Using Eagle Square for Workers Day Celebration

FG Retrogresses on Using Eagle Square for Workers Day Celebration

3 years ago
Club, Brugge line up Bid For Onuachu

Club, Brugge line up Bid For Onuachu

3 years ago
Morocco to Evaluate its Fisheries Partnership with EU by Somto Nwanolue

Morocco to Evaluate its Fisheries Partnership with EU by Somto Nwanolue

3 years ago
Ohanaeze Highlights Demands from Tinubu as He Resumes Office

Ohanaeze Highlights Demands from Tinubu as He Resumes Office

3 years ago

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

Topics

2023 Aboki/Bureau De Change (BDC) apc Arsenal buhari Business cbn chelsea china court Davido Dollar Efcc Election Entertainment Euro and Pounds To Naira Exchange Rate For Today exchange rates for the Nigerian Naira (NGN) Fashion federal character federal government Finance Football Foreign News government health inec Israel lagos Manchester United Naira Naira Black Market exchange rates News Nigeria pdp police Politics president protest Russia Sports tinubu trump UK ukraine US
No Result
View All Result

Highlights

A Bleak Start to 2026 as Black Market FX Batters the Naira

Who Rules Onitsha? Governor Soludo’s Takeover vs. IPOB’s Sit-At-Home Order

Catherine O’Hara, Home Alone Star, Dies At 71

Full List Of 68th Grammy Award Nominations Revealed

Alcaraz​‍​‌‍​‍‌ Sets Up Australian Open Final Clash With Djokovic as Rybakina Reaches Women’s Decider

Soludo vs IPOB: Traders Caught in Political Crossfire

Trending

Why Fela’s Legacy Should Remain Untouchable — Femi Kuti Explains
Entertainment

Why Fela’s Legacy Should Remain Untouchable — Femi Kuti Explains

byAyobami Owolabi
January 31, 2026
0

Afrobeat musician Femi Kuti has expressed regret over the growing comparisons between present-day Nigerian music stars and...

The Emergency That Never Ends: Inside Tunisia's Latest 11-Month Extension

The Emergency That Never Ends: Inside Tunisia’s Latest 11-Month Extension

January 31, 2026
The General With a God Complex and a Vicious Streak: Why Muhoozi Kainerugaba Wants Bobi Wine's "Balls"

The General With a God Complex and a Vicious Streak: Why Muhoozi Kainerugaba Wants Bobi Wine’s “Balls”

January 31, 2026
A Bleak Start to 2026 as Black Market FX Batters the Naira

A Bleak Start to 2026 as Black Market FX Batters the Naira

January 31, 2026
Who Rules Onitsha? Governor Soludo’s Takeover vs. IPOB's Sit-At-Home Order

Who Rules Onitsha? Governor Soludo’s Takeover vs. IPOB’s Sit-At-Home Order

January 31, 2026

We launched Federal Character in February 2021 based on the belief that the world is in need of smarter and more efficient reporting of events shaping our rapidly changing world. We pledged to put our audience first, always.

Recent News

  • Why Fela’s Legacy Should Remain Untouchable — Femi Kuti Explains
  • The Emergency That Never Ends: Inside Tunisia’s Latest 11-Month Extension
  • The General With a God Complex and a Vicious Streak: Why Muhoozi Kainerugaba Wants Bobi Wine’s “Balls”

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

© FederalCharacter.com

No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion

© 2024 Federalcharacter.com