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FG Set To Buy New Presidential Jet, Worth N150bn, Amidst Of Hardship

Emmanuel Atseyinku
Last updated: July 16, 2024 9:53 am
By Emmanuel Atseyinku - Journalist
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The Nigerian Federal Government under the rulership of President Bola Ahmed Tinubu has gone ahead to purchase a brand new presidential jet amidst of hard economy facing the country.

A source revealed to our correspondent via phone conversation, that the Federal Government has to agree to buy a new presidential jet, A330 from an undisclosed German bank.

The Nigerian government has offered $100 million for the widebody, which is valued at $600 million due to its VIP configuration according to our source, the aircraft was repossessed from an unidentified, person named Sheikh, who was unable to pay up the bank loan.

It’s a Florida-based L&L International LLC and AMAC Aerospace Switzerland,
It was a brokering deal.

It was revealed that The Swiss Firm has a longstanding aircraft maintenance contract with Nigeria’s Presidential Air Fleet (PAF)

Nigerians reacted when they saw the post on social media, they condemned the led- government of President Tinubu to purchase a new Presidential jet while Nigerians were passing through hardship, Nigerians can no longer feed well because of the bad economy.

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The aircraft in question is an ACJ330-200, VP CAC (man 1053) to be registered as 5N-FGA.

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ByEmmanuel Atseyinku
Journalist
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Emmanuel Atseyinku is 9News Nigeria South South Bureau Chief and regional editor in Rivers State.
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