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

Tinubu’s Refurbished Jet Sparks Controversy Over Maintenance Costs

Share
Tinubu's Refurbished Jet Sparks Controversy Over Maintenance Costs | Daily Report Nigeria
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.

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Your email address will not be published.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
Crypto Market Sheds $633.5 Billion in Q1 2025 as Recession Fears Spark Investor Pullback | Daily Report Nigeria
Business

Crypto Market Sheds $633.5 Billion in Q1 2025 as Recession Fears Spark Investor Pullback

The global crypto market lost $633.5 billion in Q1 2025. It reflected...

Dangote Refinery Gulps 13% of Nigeria Crude Exports – Report
Business

Dangote Refinery’s Petrol Price Slash Shakes Market, Marketers Count Billions in Losses

Dangote Refinery has reduced its ex-depot petrol price to ₦835 per litre,...

CBEX Collapse: SEC Declares Platform Illegal, Launches Manhunt for Operators Over Investor Fraud | Daily Report Nigeria
Business

CBEX Collapse: SEC Declares Platform Illegal, Launches Manhunt for Operators Over Investor Fraud

The Securities and Exchange Commission (SEC) has declared the CBEX digital trading...

Dangote refinery
Business

Dangote Refinery Drops Petrol Price Again, Sells at N835/Litre

The Dangote Refinery has reduced its ex-depot price for petrol to N835...