Connect with us

News

Tinubu goes for N882bn Airbus A330 aircraft, prices N147bn

Published

on

Tinubu goes for N882bn Airbus A330 aircraft, prices N147bn

President Bola Tinubu-led government has made move to purchase an Airbus A330 aircraft valued at N882 billion despite criticisms from citizens.

 

Premium Times report said President Tinubu, through AMAC Aerospace AG, a Swiss aviation company, made an offer of N147 billion for the aircraft.

 

According to the exclusive report, the Airbus A330 aircraft valued at $600 million – about Eight hundred and eighty-two billion, One hundred and fourteen million, Six hundred thousand naira (882,114,600,000), was seized from an Arab business billionaire by a Germa Bank, for loan debt.

 

The aircraft which is being marketed for the German Bank, L & L International LLC, an American aviation firm based in Miami, Florida, the report said has exclusive and costly features that made its purchase difficult. However, the federal government through Aerospace has offered to pay $100 million – about One hundred and forty-seven million, nineteen million, one hundred thousand naira (147,019,100,000).

 

READ ALSO: 4 budgets concurrently: It’s evidence confusion- Obi to Tinubu

 

While the federal government is yet to make statement on the report, recall that Nigerians have criticized the move by Tinubu administration to make additional purchase for another aircraft.

 

Nigerians argued that the President should reduce the number of aircraft in the presidential fleet.

 

Dele Momodu, Peoples Democratic Party (PDP) former presidential aspirant, had called on President Tinubu to show example of sacrifice by shunning the purchase of aircraft. Momodu advised Tinubu to follow Peter Obi’s (former presidential candidate of the Labour Party) advice.

 

Obi had said the drive to purchase a new aircraft for the President and the Vice President showed a disconnect between the leadership from the reality of the citizens.