The Presidential Air Fleet has confirmed receiving N11.13billion to maintain the jets used by Presidential Muhammadu Buhari for 2022, which represents 98 per cent of the total fund approved in the budget. Amid the release, the fleet said the budgetary allocation was insufficient to fund the operations of the fleet, as some $45 million would be needed to maintain the aircraft. The fleet commander, AVM Abubakar Abdullahi, said this during a meeting with members of the House of Representatives Committee on National Security and Intelligence during an oversight visit in Abuja.
December 17, 2022From the fleet records, debts from preceding years are usually carried over to the following year, and this has become the tradition.
The fleet commander, AVM Abubakar Abdullahi, said this during a meeting with members of the House of Representatives Committee on National Security and Intelligence during an oversight visit in Abuja. He told the legislators that “most of these debts are owned by service providers overseas. Considering that over 85 per cent of the fleet expenditure is forex, the actual budget figure in dollars is further diminished.”
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