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In the face of economic recession, the Federal Government has put up two (2) of the ten (10) aircrafts, a Falcon 7X and Hawker Sidley 4000, in the Presidential Air Fleet, PAF, for sale.
The government, has in an advertisement, informed interested buyers of the luxury aircrafts to inspect the Falcon 7X aircraft at the Presidential Air Fleet’s Hangar, located at the Nnamdi Azikiwe International Airport, Abuja, while the Hawker 4000 aircraft can be inspected at Cessna Zurich Citation Service Centre, Zurich, Switzerland.
Verifiable report had revealed that President Muhammadu Buhari, has already spent N7 billion maintaining the 10-aircrafts in the last 16 months.
PAF, has the second largest fleet of aircrafts in the country, coming behind Arik Air, Nigeria’s biggest airline.
The Presidency has 10 aircrafts in the Presidential Air Fleet. They include, Boeing Business Jet (Boeing 737-800 or AirForce One), one Gulfstream 550, one Gulfstream V (Gulfstream 500), two Falcons 7X, one Hawker Sidley 4000, two Agusta Westland AW 139 helicopters, and two Agusta Westland AW 101 helicopters.
The combined estimated value of all the 10 aircrafts in the fleet of the Presidency, is put at over $450 million.
Investigations revealed, that each of the two Falcon 7X jets, was purchased in 2010, by the Federal Government, for $51.1 million, while the Gulfstream 550 cost $53.3 million.
The Presidency on Tuesday, October 4, confirmed that Buhari approved the sale of two aircrafts in the Presidential fleet.
The decision for the sale of the aircrafts, according to the Presidency, is part of government’s desire to cut down the cost of governance.

A statement by the Senior Special Assistant on Media and Publicity to the President, Garba Shehu, said Buhari had promised Nigerians during the campaigns, to consider the number of aircrafts in the fleet, with the view of reducing them.
According to Shehu, “This is in line with the directive of President Muhammadu Buhari, that aircraft in the Presidential Air Fleet be reduced, to cut down on waste.
“When he campaigned to be President, the then All Progressives Congress, APC, candidate, Muhammadu Buhari, if you recall, promised to look at the Presidential Air Fleet, with view to cutting down on waste.
“His directive to a government committee on this assignment, is that he liked to see a compact and reliable aircraft for the safe airlift of the President, the Vice President and other government officials that go on special missions”.
The Presidency added, that the sale of the two aircrafts is not the end of the process, as others will be handed over to the Nigerian Air Force.
“This exercise is by no means complete. Other aircrafts within the fleet are expected to be handed to the Nigerian Air Force for their operations.
“I am sure the Commander of the Presidential Air Fleet, will any time from now, call you to a ceremony, at which he will hand over some other aircraft to the Air Force for their operations,” Garba added.

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