CUTTING COSTS: FG Puts Up 2 Presidential Jets For Sale

By Ikenga Chronicles October 5, 2016

CUTTING COSTS: FG Puts Up 2 Presidential Jets For Sale

According to the spokesman of Nigeria’s President Muhammadu Buhari, Garba Shehu, the President has  put up two out of the ten presidential jets, for sale. This action was taken by the Presidency to cut costs .

Nigeria is currently going through a very severe bout of economic recession, with a worldwide fall in oil prices being primarily responsible. The nation has operated  mono-economy for long, and with the hit on oil prices, the economic situation in the country has worsened. The selling off of the presidential jets is therefore one of the steps being taken by the government to cut down on expenses, while raising some money for the nation.

Newspaper adverts for the sale have since been put up.

“This is in line with the directive of President Muhammadu Buhari that aircraft in the presidential air fleet be reduced to cut down on waste,” said Shehu.

 

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