Home Business Tinubu’s Refurbished Jet Sparks Controversy Over Maintenance Costs
Business

Tinubu’s Refurbished Jet Sparks Controversy Over Maintenance Costs

Share
Share

 

The acquisition of a refurbished Airbus A330 as the new presidential jet by President Bola Tinubu’s administration has raised concerns about maintenance costs due to its age, despite claims of substantial savings on purchase price.

Investigative reports reveal that the new aircraft, sourced from Mid East Jet in Saudi Arabia, had previously served with Middle East Jet between November 27, 2009, and May 25, 2012.

ATTENTION: Click HERE to join our WhatsApp group and receive News updates directly on your WhatsApp!

An aviation security expert expressed concerns about the maintenance costs associated with the Airbus A330 due to its age, suggesting that a more modern and fuel-efficient aircraft would be easier and cheaper to maintain in Nigeria.

READ ALSO: Tinubu Appoints New Management Team for NDPHC

 

“The presidency should have acquired a Boeing Aircraft that is easier to maintain in the country than purchasing an Airbus. Also, for security reasons too, presidential fleet aircraft maintenance too are better and safer being complied with in-house, providing the right equipment and tooling for this instead of overseas where the crew hotel accommodations, logistics, per diem and others are all inclusive because they have to be there and monitor the maintenance and security assurance,” the expert advised.

 

The presidency has stated that the new jet was purchased at a price significantly below market value, resulting in substantial savings on maintenance and fuel expenses, which could amount to millions of dollars annually.

However, the decision to replace the aging B737-700(BBJ) has raised questions about the cost efficiency and safety of the new aircraft.

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
NNPCL to Hand Over Nigerian Refineries to Private Firms
Business

NNPCL Slashes Fuel Price to N895 per Litre Amidst Market Competition

NNPCL has reduced the pump price of premium motor spirit (PMS) to...

Business

Naira Currency Appreciates Against US Dollar Amid Policy Reforms

The Nigerian currency, Naira, has appreciated by ₦4.59 against the US dollar,...

Business

Mauritania’s Sidi Ould Tah Elected AfDB President, Pledges to Boost Africa’s Growth

Sidi Ould Tah from Mauritania has been elected as the ninth president...

Business

NLO Slaps Two-Year Ban, Heavy Fines on Four Clubs for Match-Fixing

NLO player ban: Upholding Integrity on the Pitch. How the Suspensions Reshape...

5win
RocketplayRocketplay casinoCasibom GirişJojobet GirişCasibom Giriş GüncelCasibom Giriş AdresiCandySpinzDafabet AppJeetwinRedbet SverigeViggoslotsCrazyBuzzer casinoCasibomJettbetKmsauto DownloadKmspico ActivatorSweet BonanzaCrazy TimeCrazy Time AppPlinko AppSugar rush