Amid widespread economic hardship in Nigeria, the Tinubu government has reportedly spent N15 billion on aircraft maintenance and fuelling over the past six months.
This expenditure has raised concerns among citizens and critics, who argue that such spending is excessive given the country’s current financial struggles and the urgent need for economic relief measures.
Recently, Tinubu’s purchase of a new aircraft, reportedly costing N150 billion, has sparked controversies, especially given the current calls for reducing the cost of governance.
A review of data from the Nigerian government’s Open Treasury Portal reveals that N15.9 billion was spent on aircraft maintenance and fuelling in the first six months of 2024.
The figures were broken down into N9 billion for aircraft maintenance and N6.9 billion for fuelling. This expenditure has sparked ongoing controversies regarding the high costs associated with the country’s Presidential aircraft fleet.
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Reports indicate that Nigeria spends $1 billion annually on aircraft maintenance. The recent purchase of a new aircraft, reportedly costing N150 billion, has intensified these controversies, particularly as it comes amid widespread calls for reducing the cost of governance.
Additionally, concerns have been raised about the frequency of travels by Nigerian presidents and leaders, which further escalates maintenance and fuelling costs.
As Nigeria struggles with heavy debt and budgetary challenges, these expenditures have led to increased demands for greater prudence in governance and a significant reduction in the cost of governance.
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