Wednesday, April 15, 2026
THE SNEAKERS
No Result
View All Result
  • Home
  • NIGERIAN NEWS
    • Biography/Net Worth
    • Business News
    • Entertainment News
  • INVESTIGATION
  • Real Estate
  • Travel News
  • Videos
ENigeria News - Latest Nigerian News Today – Breaking News, Travel & Real Estate
No Result
View All Result

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
0
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

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

Related Posts

Boost for economy as FG slashes tariffs on cars, food imports
Business News

Major boost for economy as FG slashes tariffs on cars, food imports

April 11, 2026
Nigerian manufacturers lament excessive bottlenecks in cross-border trade
Business News

Nigerian manufacturers lament excessive bottlenecks in cross-border trade

April 10, 2026
World Bank says Nigeria poverty rate rises by 63%
Business News

World Bank says Nigeria’s poverty rate rises 63%

April 10, 2026
gas prices
Business News

Supply shortages and global pressures hike gas prices, say marketers

April 7, 2026
GenCos insist power sector debt closer to N4tn
Business News

Despite N3.3tn plan, GenCos insist power sector debt closer to N4tn

April 7, 2026
How To Apply for “Take on Squad” Hackathon 3.0 by GTCO
Business News

How To Apply for “Take on Squad” Hackathon 3.0 by GTCO

April 4, 2026
Next Post
Chinese Foreign Minister Wang Yi Arrives in Nigeria for Official Visit

Chinese Foreign Minister Wang Yi Arrives in Nigeria for Official Visit

ENigeria Newspaper is a  premium daily Nigerian newspaper committed to the objective coverage of news in Nigeria.

We publish news in categories like politics, economy, technology, general breaking news, investigative reports, including Travel and Tourism.

We discover, verify, and communicate reliable news in a fair and objective while also preserving the core ideals of professional journalism.

ENigeria News - Naija News, Nigerian Newspapers

Connect With Us

Categories

Nigerian News
Investigations
Real Estate
Travel News

Recent Posts

  • JAMB : 7 costly mistakes must avoid on UTME exam day
  • ADC lied ; we did not attend the convention – Chinese embassy confirms
  • I was compelled to join APC in 2014 – Atiku Abubakar
  • Oyo State Police detain ladies for filming a routine checkpoint
  • Kwara 2025 : Police arrest 25 suspects
  • About Us
  • Contact Us
  • Diversity Policy
  • Privacy Policy
  • Terms Of Service

© 2025 ENIGERIA NEWS

No Result
View All Result
  • Home
  • NIGERIAN NEWS
    • Biography/Net Worth
    • Business News
    • Entertainment News
  • INVESTIGATION
  • Real Estate
  • Travel News
  • Videos

© 2025 ENIGERIA NEWS