President Tinubu travelled to France on the new plane
ABUJA, Aug 22 (NNN-AGENCIES) — Many Nigerians have reacted with outrage after a new plane was bought for President Bola Tinubu at a time when the economy is experiencing its worst crisis in a generation.
The purchase comes less than two weeks after thousands took to the streets across the country to protest at rising hunger and the cost of living.
Elected last year to lead Africa’s most populous country, Tinubu has introduced several economic reforms, including the removal of fuel subsidies, which have contributed to high inflation, currently over 30%.
President Tinubu said the reforms were necessary to cut government spending and stimulate long-term growth.
In January, the Nigerian president announced a 60% reduction in the size of official travel delegations, including his own entourage.
However on Monday, the president departed for France using a newly acquired Airbus A330, which has become the latest addition to the presidential fleet of more than five aircraft.
The cost of the plane has not been disclosed, and nor has the reason for his trip.
It is not known if lawmakers approved the purchase, which was not mentioned in this year’s budget.
In a statement on X, Tinubu’s media aide Bayo Onanuga said the new plane would actually save money.
“The new plane, bought far below the market price, saves Nigeria huge maintenance and fuel costs, running into millions of dollars yearly,” the statement read in part.
The new presidential jet was recently released to the Nigerian government after it was seized by a Chinese firm, Zhangson Investment Co. Limited, which obtained a Paris court order to seize some Nigerian government assets following an investment dispute with Ogun state in south-west Nigeria.
The 15-year-old plane is said to have an elaborate configuration for VIPs and replaces the country’s 19-year-old Boeing BBJ 737-700.
Nigerian officials have previously said that the presidential fleet had a high maintenance cost due to the age of its planes.
In June, lawmakers recommended the purchase of two new aircraft for the president and his deputy, saying the old ones were not safe.
Last month, lawmakers passed a supplementary budget, which sought to raise the 2024 budget from 28.7 trillion naira to 35.06 trillion naira.
It is not known if the purchase of the new plane was included in this budget. — NNN-AGENCIES
