Buhari to upgrade presidential aircraft with N1.5bn

President Buhari is also proposing to spend N1.492bn on the upgrading of some of the aircraft in the Presidential Air Fleet in 2020.

The sum is apart of the N200.994m the President will be spending on the overhaul of engines of some of the aircraft in the fleet next year.

The figures are contained in the details of the 2020 Appropriation Bill that Buhari presented to a joint session of the National Assembly on Tuesday.

Details of PAF’s budget are captured under the budget of the Office of the National Security Adviser.

According to the details, N792m will be spent on what is termed “mandatory upgrade and installation of live TV and Internet service on BBJ (5N-FGT).”

Also, N50m will be spent on “compliance with mandatory upgrade and installation of Internet service on G550 (5N-FGW).”

Apart from these, another N650m is being proposed to be spent on “compliance with mandatory upgrades on PAF aircraft.”

All the expenses are to be spent on ongoing projects.
Further details of the budget showed that PAF will spend N250m on aviation fuel during the year.

The sum is part of the N467.86m budgeted for fuel and lubricants (general) for 2020.

Other expenses in that category include the N115.86m budgeted for motor vehicle fuel; N70m for plant/generator fuel; N30.2m for other transport equipment fuel; and N1.8m for cooking gas/fuel.

The PAF will also refund N1.22bn to Asset Management Corporation of Nigeria for asset acquisition.

(Credit: Punch)