Would you like to receive notifications on latest updates of the following headlines?

2025 Budget: PDP, Labour reject ₦55 bn allocation for Presidential fleet

POSTED ON January 8, 2025 •   Politics      BY Abiodun Saheed Omodara
Presidential Jet

The People’s Democratic Party (PDP) and the Labour Party have vehemently condemned the ₦55.5 billion set aside for the upkeep of the presidential fleet in the 2025 Appropriation Bill, which is currently pending approval from the National Assembly.

This controversial allocation covers costs for the refurbishment of three aircraft engines, fuel, fumigation, air navigation, cleaning, and general maintenance.

If sanctioned, this amount would exceed the total expenditure on the fleet from July 2023 to September 2024, which was ₦19.43 billion.

the parties contend that this budgetary focus is misguided, especially in light of Nigeria's economic difficulties.

The South-West Chairman of the PDP, Kamorudeen Ajisafe,  in an interview questioned whether the presidency intends to acquire more aircraft. Likewise, Abayomi Arabambi, the factional National Publicity Secretary of the Labour Party, labeled the allocation as “inhuman and satanic,” denouncing the government for prioritizing extravagant expenses while countless Nigerians struggle to survive.

A detailed look at the 2025 budget reveals that ₦8.6 billion is allocated for repairs of air navigational equipment, ₦5.5 billion for overhauling an aircraft engine with the registration number 5N-FGW, and ₦3.1 billion for the refurbishment of two additional engines.

Other costs include ₦1.5 billion for aircraft fuel, ₦1.25 billion for general maintenance, ₦149 million for security operations, and ₦7.5 million for cleaning and fumigation.

Furthermore, ₦311.1 million has been set aside for aircraft insurance premiums, which will likely be managed by foreign insurance firms due to the limited capacity of local insurers. Local companies often act as intermediaries in these dealings with insurers based in the United States and the United Kingdom.

In comparison, the total budget for the aviation ministry in 2025 is ₦105.95 billion, with the Ministry of Aviation and Aerospace Development receiving ₦71.12 billion. Sub-agencies such as the Nigerian Meteorological Agency (₦9.82 billion), Nigerian College of Aviation Technology, Zaria (₦7.98 billion), Nigerian Safety Investigation Bureau (₦10.03 billion), and Nigerian Airspace Management Agency (₦7 billion) have also been allocated funds.

Arabambi remarked, “The presidential air fleet already possesses several aircraft, including a recently acquired Airbus A330, which cost over $100 million. The government’s spending behavior clearly reflects its lack of commitment to alleviating poverty and inequality.” 

The executive chairman of the Centre for Anti-Corruption and Open Leadership,Debo Adeniran, stated, “What we are witnessing from this administration is contrary to our expectations… an administration that has become enamored with extravagance.

It is time for the government to reassess its priorities and start prioritizing the needs of its citizens. The proposed spending on presidential jets is a national disgrace, and it is time for Nigerians to demand more from their leaders.

It is surprising that those who lament the government’s wasteful spending will likely support the same politicians in the upcoming election. This is a vicious cycle that must be broken.”

READ ALSO
Fani-Kayode criticises Mutfwang's leadership amid security crisis
BY Abiodun Saheed Omodara April 24, 2025 0

PLATEAU, Nigeria - Plateau State Governor, Caleb Mutfwang, and former Aviation Minister, Femi Fani-K...

READ ALSO
2face get appointment as technical adviser to Benue Govt.
BY Abiodun Saheed Omodara April 23, 2025 0

The Governor of Benue State, Hyacinth Alia    has appointed music legend, Innocent Idibia...

READ ALSO
Six dead in Okene Accident: Akpoti-Uduaghan Urges Immediate Road Safety Reforms
BY Abiodun Saheed Omodara April 23, 2025 0

KOGI, Nigeria - Following a tragic auto accident in Okene, Kogi State, which resulted in the loss of...

READ ALSO
Tinubu returns to address escalating violence in Nigeria after Paris trip
BY Abiodun Saheed Omodara April 22, 2025 0

ABUJA, Nigeria (NAN) - President Bola Tinubu is set to convene with the service chiefs to address th...

READ ALSO
NPSA urges politicians to prioritise security over 2027 elections as Reps delay plenary till May 6
BY Abiodun Saheed Omodara April 22, 2025 0

The Senate and House of Representatives have delayed their plenary sessions until May 6.  In t...

READ ALSO
Nigeria to conduct census as Tinubu unveils committee focused on technology, coordination
BY Abiodun Saheed Omodara April 17, 2025 0

ABUJA, Nigeria - President Bola Tinubu officially launched a high-level committee on the upcoming na...

READ ALSO
2027: Northern Nigeria's commitment to secure 2m votes for Tinubu
BY Abiodun Saheed Omodara April 17, 2025 0

PLATEAU, Nigeria - The Northern Nigeria Youths Union has pledged to secure more than two million vot...

READ ALSO
There is nothing new to disclose, FG downplay U.S. court ruling
BY Abiodun Saheed Omodara April 14, 2025 0

ABUJA, Nigeria - Aso Villa has minimized the significance of the U.S. court ruling that mandates the...

OUR CHANNELS:

2face get appointment as technical adviser to Benue Govt.
BY Abiodun Saheed Omodara April 24, 2025 0

The Governor of Benue State, Hyacinth Alia    has appointed music legend, Innocent Idibia...


Nigeria's Economic Reforms Boost Sovereign Credit Profile - IMF
BY Abiodun Saheed Omodara April 23, 2025 0

The Assistant Director for Global Markets at the International Monetary Fund (IMF), Jason Wu,  ...


Six dead in Okene Accident: Akpoti-Uduaghan Urges Immediate Road Safety Reforms
BY Abiodun Saheed Omodara April 23, 2025 0

KOGI, Nigeria - Following a tragic auto accident in Okene, Kogi State, which resulted in the loss of...


Plateau NBA expresses outrage over violence, urges FG to protect citizens
BY Abiodun Saheed Omodara April 23, 2025 0

PLATEAU, Nigeria - Due to the assaults and homicides occurring in Plateau State by alleged Fulani mi...


LASG reports over 517,000 traffic violations amid enhanced road safety measures
BY Abiodun Saheed Omodara April 24, 2025 0

LAGOS, Nigeria - The Lagos State Government on Tuesday revealed that from May 2024 to March 2025, mo...


Police Inspector Dies by Suicide in Port Harcourt
BY Abiodun Saheed Omodara April 24, 2025 0

RIVERS, Nigeria - A Police Inspector identified as Maxwell Zabu, who was attached to a former Chairm...


Tinubu lauds ECOWAS for regional integration, economic progress at golden jubilee
BY Abiodun Saheed Omodara April 23, 2025 0

President Bola Tinubu has praised the Economic Community of West African States (ECOWAS) for promoti...


LASG celebrates two million passengers on blue rail, highlights transportation achievements
BY Abiodun Saheed Omodara April 23, 2025 0

LAGOS, Nigeria (NAN) - The Lagos State Government has announced that over two million passengers hav...


FG aims to upgrade 2,701 PHC to enhance healthcare access across Nigeria
BY Abiodun Saheed Omodara April 24, 2025 0

The Federal Government, via the National Primary Health Care Development Agency (NPHCDA), has reveal...


Education minister urges colleges to embrace dual degree system
BY Abiodun Saheed Omodara April 24, 2025 0

ABUJA, Nigeria (NAN) - The Minister of Education, Dr. Tunji Alausa, has called on stakeholders in Co...


More Articles

Load more...

Menu