{"id":120565,"date":"2025-07-12T14:42:25","date_gmt":"2025-07-12T13:42:25","guid":{"rendered":"https:\/\/pointblanknews.com\/pbn\/?p=120565"},"modified":"2025-07-12T14:42:25","modified_gmt":"2025-07-12T13:42:25","slug":"tinubu-govt-spent-n26bn-on-presidential-air-fleet-in-one-year","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/exclusive\/tinubu-govt-spent-n26bn-on-presidential-air-fleet-in-one-year\/","title":{"rendered":"Tinubu Govt Spent N26bn on Presidential Air Fleet in One Year"},"content":{"rendered":"<div style=\"text-align: justify;\">Daniel Adaji<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eThe President Bola Tinubu-led government has spent no less than N26bn on maintaining the Presidential Air Fleet between July 2023 and August 2024.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eThis expenditure has sparked widespread criticism over excessive government spending amidst Nigeria\u2019s economic hardship.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eThe figure, obtained from BudgIT\u2019s GovSpend platform by \u202aPointblanknews.com\u202c, shows at least 29 separate payments made under the \u201cPresidential Air Fleet Forex Transit Funds\u201d and \u201cPresidential Air Fleet Forex Transit Fund\u201d descriptions. All payments were routed through a single beneficiary account: the Presidential Air Fleet Naira Transit Account.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eThe largest transaction during the period was N5.07bn, with several others ranging between N1.2bn and N2.4bn, indicating a consistent pattern of high-volume expenditure.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eThese figures come amid public calls for belt-tightening and fiscal discipline from the same administration, raising questions about government priorities at a time when many Nigerians face inflation, rising living costs, and subsidy-related economic shocks.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eSpeaking with \u202aPointblanknews.com\u202c on Saturday, a fiscal responsibility advocate, Victor Agi described the spending as \u201cwasteful\u201d and symptomatic of Nigeria\u2019s distorted budget priorities.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200e\u201cThe issue of the presidential jet maintenance is like many other things that the government keeps getting wrong in terms of how do we make them fiscally sound,\u201d Agi said.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eHe condemned the imbalance between recurrent expenditure and capital investment, warning that continued funding of luxuries like presidential travel undermines national development.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200e\u201cHow does it make sense that the government spends so much on recurrent components of the budget while major and capital infrastructure components continue to suffer?\u201d he Stated.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200e\u201cWhen you hear that N26bn is being spent on maintaining the aircraft in a year, if you check, that whole money for that particular year will be released. When you compare that to the level of release for the capital components of the budget year on year for that year, you&#8217;ll discover that the level of release is insignificant.\u201d<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eAgi pointed out that Nigeria is still implementing its 2024 budget as of June, even as the 2025 budget has been passed into law &#8211; evidence of what he called \u201ca disconnect in fiscal planning and discipline.\u201d<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eHe urged the federal government to curb executive travel as a means of cutting costs.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200e\u201cThe simple thing is to cut your travels. The travels that they continue to every year, what impact have those travels brought to Nigeria&#8217;s economy?\u201d<\/div>\n<div style=\"text-align: justify;\">\u200e\u201cWhen the president decides to go on vacation every now and then, and of course go for his health check every now and then and even meaningless foreign meetings, we will continue to have these bloated expenditures,\u201d he said.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200e \u201cIf you think you can be going for holiday every day then pay from your pocket. It speaks to the whole conversation of the government asking people to cut cost and they&#8217;re living fat with their aides. Competitively I can say for sure that it doesn&#8217;t make sense for any government to spend that much on Presidential air fleet maintenance. Something has to be done,\u201d Agi added.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eIn 2024, Vice President Kashim Shettima was forced to cancel his trip to the US-Africa Business Summit due to a fault with his aircraft, further highlighting concerns over the fleet&#8217;s management.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eYet, the House of Representatives has refused to investigate the matter. A motion introduced by Hon. Satomi Ahmed to probe the presidential air fleet was rejected by lawmakers, fueling claims of weak legislative oversight.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eCountry Director of Accountability Lab Nigeria, Friday Odeh criticized the lack of public transparency in defense and executive spending.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200e\u201cThe lack of public breakdowns, competitive contracting, or performance audits are the systemic disregard for transparency in military spending,\u201d he told \u202aPointblanknews.com\u202c.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eOdeh also highlighted the contradiction between Nigeria\u2019s economic reality and the size of its executive fleet.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200e\u201cCountries with similar or even stronger economies, such as South Africa and Kenya, operate leaner and more accountable executive fleets.<\/div>\n<div style=\"text-align: justify;\">\u200e\u201cSouth Africa often leases aircraft to reduce costs, while Kenya maintains only one primary presidential jet. Nigeria, by contrast, maintains a fleet of at least 5 aircraft an unsustainable burden for a country with high debt, low public official pay, and poor infrastructure,\u201d he said.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eHe blamed the National Assembly for failing to rein in wasteful spending through meaningful oversight.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200e\u201cLegislative inaction over the years has normalized wasteful spending in overbloated budgets. While oversight committees issue statements and summon the responsible public officers, they rarely follow through with investigations or enforce recommendations,\u201d Odeh said.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200e\u201cThis complacency, coupled with a lack of public trust in official probes, weakens the integrity of Nigeria\u2019s budget process,&#8221; he added.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eOdeh called for urgent reforms, including enforceable expenditure caps and public audit mandates.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200e\u201cUntil expenditure caps, audit mandates, and public reporting are enforced, these figures will only grow, detached from citizens\u2019 realities,\u201d he said.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eThe civil society leaders and advocates insist that symbolic austerity measures must begin at the top with a leaner, more accountable executive branch.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Daniel Adaji \u200e \u200eThe President Bola Tinubu-led government has spent no less than N26bn on maintaining the Presidential Air Fleet between July 2023 and August 2024. \u200e \u200eThis expenditure has&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":120566,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[17],"tags":[],"class_list":["post-120565","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exclusive"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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