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FG’s N55bn Allocation for Presidential Fleet Maintenance Sparks Outrage

by Zuleihat Ahmed
January 8, 2025
in Business News
FG's N55bn Allocation for Presidential Fleet Maintenance Sparks Outrage
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The Federal Government’s proposed allocation of N55.5 billion for the maintenance of the presidential fleet in the 2025 budget has drawn criticism from opposition parties and Nigerians.

The Peoples Democratic Party (PDP) and the Labour Party have condemned the allocation, describing it as excessive and unjustifiable, especially given the country’s current economic challenges.

The proposed budget for the presidential fleet includes expenses for the overhaul of three aircraft engines, fuelling, fumigation, air navigation, cleaning, and other maintenance services. The entire aviation ministry’s 2025 budget stands at N105,953,496,365.

Engine Overhaul_: N5,514,000,000 for one aircraft engine and N3,132,336.65 for two other engines
Air Navigational Equipment Repair N8,646,336,653
Aircraft Fuel Cost_: N1,550,000,000
Aircraft Maintenance_: N1,255,700,000
-Security Operations (Overhead) N149,000,000
Cleaning and Fumigation Services N7,500,000
Insurance Premiums for Aircraft N311,145,300

Opposition parties and Nigerians have expressed outrage over the proposed allocation, describing it as a misplaced priority.FG's N55bn Allocation for Presidential Fleet Maintenance Sparks Outrage

They argue that the government should prioritize the welfare of citizens and critical infrastructure over luxury spending

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