Federal Government Sets Aside N55 Billion For Presidential Fleet In 2025 – What’s Included?

Federal Government Sets Aside N55 Billion For Presidential Fleet In 2025 – What’s Included?

The Federal Government of Nigeria has allocated N55 billion for the maintenance of the presidential fleet in 2025. This budget covers various expenses, including over N300 million for insurance premiums, nearly N9 billion for engine overhauls, and an additional N4 billion..Federal Government Sets Aside N55 Billion For Presidential Fleet In 2025 – What’s Included?

for the construction of a presidential helipad and jetty in Lagos.

The N55 billion budget will cater to the maintenance of the fleet’s aircraft, including air navigation, cleaning, fumigation, and fuel, with about N8.77 billion earmarked specifically for engine overhauls. The overall budget for the Ministry of Aviation in 2025, covering multiple agencies, is N105.95 billion. This allocation highlights a significant portion of the federal government’s investment in ensuring the operational readiness of the presidential fleet.

Earlier in 2024, the government also purchased a new Airbus A330 for the fleet after the old aircraft experienced technical issues.

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