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Presidential Air Fleet Cost Rises By 185.6%, Gulps N50.75bn In Five Years - Politics - Nairaland

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Presidential Air Fleet Cost Rises By 185.6%, Gulps N50.75bn In Five Years by Ndlistic(m): 2:38pm On Oct 24, 2021
THE budgetary allocations for the Presidential Air Fleet have increased from N4.37bn in 2017 to N12.48bn in 2022, according to data obtained from the appropriation bills of the Federal Government within the period under review.

This shows an increase of N8.11bn or 185.58 per cent in five years, signalling a rise in the cost of running the Presidential Air Fleets.

On October 7, 2021, the President, Major General Muhammadu Buhari (retd.), presented the 2022 budget proposal to a joint session of the National Assembly; a whopping N16.39tn, which will send the Federal Government on another borrowing spree of N6.23tn. According to the proposal, N12.48bn was appropriated for the PAFs.

Sunday PUNCH observed that budgetary allocations for the PAFs have been on a steady increase since 2017, except for 2020, where the allocation saw a slight drop by N503.75m against the preceding year.

In 2017, the proposed allocation was N4.37bn. Recurrent expenditure—comprising personnel remuneration and overhead—amounted to N4.37bn. The sum of N399.50m was allocated for capital projects.

In 2018, the proposed allocation was N7.26bn. Recurrent expenditure—comprising of personnel remuneration and overhead—amounted to N4.36bn. N2.90bn was allocated for capital projects. This showed an increase of 66.13 per cent from the previous year.

In 2019, the proposed allocation was N7.30bn. Recurrent expenditure—comprising of personnel remuneration and overhead—amounted to N4.36bn while N2.94bn was allocated for capital projects. This showed an increase of 0.55 per cent from the previous year.

In 2020, the proposed allocation was N6.79bn. Recurrent expenditure—comprising of personnel remuneration and overhead—amounted to N3.02bn while N3.77bn was allocated for capital projects.

The allocation for 2020 dropped by 6.99 per cent compared to 2019. This decrease which was in overhead cost may be connected to the global lockdown that ceased operations for several months.

In 2021, the proposed allocation was N12.55bn. Recurrent expenditure—comprising of personnel remuneration and overhead—amounted to N4.37bn while N8.18bn was allocated for capital projects. This showed an increase of 84.83 per cent from the previous year.

In 2022, the proposed allocation was N12.48bn. Recurrent expenditure—comprising of personnel remuneration and overhead—amounted to N4.35bn while N8.13bn was allocated for capital projects. Personnel remuneration for 2022 increased by N13.5m or 3.1 per cent from the previous year. The allocation for 2022 decreased by 0.56 per cent compared to 2021.

According to the breakdown, Buhari proposed N2bn for the repair of air navigational equipment, N210m for the purchase of Phase 7 Avionics for AW 139 helicopters, N1.6bn for general maintenance, N1bn for aircraft maintenance and N250m for aviation fuel.


Cumulatively, however, the PAFs allocation increased by 185.58 per cent between 2017 and 2022.

The General Secretary of the Aviation Round Table, Olumide Ohunayo, blamed the meteoric rise in the allocations for the PAF, on the age of the aircraft in the fleet. He also blamed the declining value of the naira as well as the “commercial use” of aircraft by the Nigerian Airforce.

In an interview with Sunday Punch Ohunayo said, “The cost will definitely increase over the years because for one, these aircraft are not new. And the older the aircrafts, the higher the cost of maintenance and operation.

“Also, during these past years, terrorism and insecurity have increased in Nigeria which has also affected the cost of insuring the aircraft.

“Lastly, this issue of the naira against the dollar. As the naira keeps falling to the dollar, we will see the rise in cost because most of the cost of training crew, engineers and replacing parts of the aircraft are all in dollars.

https://punchng.com/presidential-air-fleet-cost-rises-by-185-6-gulps-n50-75bn-in-five-years/

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Re: Presidential Air Fleet Cost Rises By 185.6%, Gulps N50.75bn In Five Years by MRDEE01: 2:49pm On Oct 24, 2021
What we are seeing is the opposite of what Mr president told us he will do.


Mr President there is still time to redeem yourself before this administration comes to an end


I am an experienced bolt driver.
please if you have a car in abuja that is free,we can both partner and earn.
Thank you.

9 Likes 1 Share

Re: Presidential Air Fleet Cost Rises By 185.6%, Gulps N50.75bn In Five Years by IWillRiseAgain(f): 3:00pm On Oct 24, 2021
You mean the jets they use in carrying their girlfriends? cheesy

And na exactly this Nigerian Air Force PJ for picture dem take carry dat girl.

Sha, make I no talk fully wetin dey my mind now before dem go wan charge me for "fake news, hate speech, incisive publication and cyberbullying" like dem do that journalist for Ebonyi. cheesy

Umahi think say we don forget wink

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16 Likes 1 Share

Re: Presidential Air Fleet Cost Rises By 185.6%, Gulps N50.75bn In Five Years by Muyiwaipere(m): 3:00pm On Oct 24, 2021
This storm shall pass
Re: Presidential Air Fleet Cost Rises By 185.6%, Gulps N50.75bn In Five Years by 1mawopp: 3:00pm On Oct 24, 2021
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Re: Presidential Air Fleet Cost Rises By 185.6%, Gulps N50.75bn In Five Years by olioxx(m): 3:00pm On Oct 24, 2021
Our President is enjoying, will em supporters never see money buy garri soak.
.

12 Likes 1 Share

Re: Presidential Air Fleet Cost Rises By 185.6%, Gulps N50.75bn In Five Years by Super1759: 3:01pm On Oct 24, 2021
Sell this dam crap!!!
Re: Presidential Air Fleet Cost Rises By 185.6%, Gulps N50.75bn In Five Years by GIANTPLUSHUB: 3:01pm On Oct 24, 2021
Okay naaw
Re: Presidential Air Fleet Cost Rises By 185.6%, Gulps N50.75bn In Five Years by DoggoneDogg: 3:01pm On Oct 24, 2021
Buhari, Tinubu & Osinbajo told us Presidential jets were haram & would all be sold in 2015.


Everything wey dem talk na lie

31 Likes 1 Share

Re: Presidential Air Fleet Cost Rises By 185.6%, Gulps N50.75bn In Five Years by izzou(m): 3:01pm On Oct 24, 2021
Why won't it rise?

When they have started using it to carry side chicks?

Useless country grin

6 Likes

Re: Presidential Air Fleet Cost Rises By 185.6%, Gulps N50.75bn In Five Years by TalkTalkTwins(m): 3:01pm On Oct 24, 2021
angry
Re: Presidential Air Fleet Cost Rises By 185.6%, Gulps N50.75bn In Five Years by gurunlocker: 3:01pm On Oct 24, 2021
Bubu and waste... But since it's Bubu, dem go ignore am normal cheesy grin

1 Like

Re: Presidential Air Fleet Cost Rises By 185.6%, Gulps N50.75bn In Five Years by Aderupoko2: 3:01pm On Oct 24, 2021
Sai Bobo
Re: Presidential Air Fleet Cost Rises By 185.6%, Gulps N50.75bn In Five Years by vibbb: 3:01pm On Oct 24, 2021
N50.75bn In Five Years. Chaii.
Who we offend for this country.

2 Likes

Re: Presidential Air Fleet Cost Rises By 185.6%, Gulps N50.75bn In Five Years by Gramps: 3:01pm On Oct 24, 2021
It seems bihari is specialized in wasting money
Re: Presidential Air Fleet Cost Rises By 185.6%, Gulps N50.75bn In Five Years by chiedu7: 3:01pm On Oct 24, 2021
One thing I love about Buhari is that as the people are being told to tighten their belts due to hardship

Buhari & co are expanding theirs
Re: Presidential Air Fleet Cost Rises By 185.6%, Gulps N50.75bn In Five Years by fasho01(m): 3:01pm On Oct 24, 2021
Yet the extravagant sojourner said he was going to reduce the fleet.. Now it's even used to fly side chics around
Re: Presidential Air Fleet Cost Rises By 185.6%, Gulps N50.75bn In Five Years by kayuseful: 3:01pm On Oct 24, 2021
Fuel don cost
Plus some people's girlfriend need to fly the PJ
Nigerians haf to understand
Rubber stamp senate will approve it even before it's drafted

1 Like 1 Share

Re: Presidential Air Fleet Cost Rises By 185.6%, Gulps N50.75bn In Five Years by kolnel: 3:02pm On Oct 24, 2021
failed government

thats what happens when the president of a country has to fly to England for medical check up every week and also need to fly to see Tinubu on the sick bed.
This devilish government will go down as the worst one in the history of Nigeria.
people in diaspora can't even come back home again for the fear of being kidnapped.
shame on Buhari

4 Likes

Re: Presidential Air Fleet Cost Rises By 185.6%, Gulps N50.75bn In Five Years by bigpicture001: 3:03pm On Oct 24, 2021
DoggoneDogg:
Buhari, Tinubu & Osinbajo told us Presidential jets were haram & would all be sold in 2015.

I remember that quite vividly.... Liars!
Re: Presidential Air Fleet Cost Rises By 185.6%, Gulps N50.75bn In Five Years by Ventura1: 3:03pm On Oct 24, 2021
Same fleet Buhari promised to sell in 2015

Buhari where is your integrity? We were told you have experience in governance, we believe because you've been there before. So no excuse is tenable to justify the failure to implement your promises.

1 Like

Re: Presidential Air Fleet Cost Rises By 185.6%, Gulps N50.75bn In Five Years by OlawaleBammie: 3:03pm On Oct 24, 2021
and benuejosh will not be around now grin
Re: Presidential Air Fleet Cost Rises By 185.6%, Gulps N50.75bn In Five Years by DMerciful(m): 3:03pm On Oct 24, 2021
Bubu during 2015 presidential election campaign said he'd sell some of the presidential jets or transfer them to Nigeria national carrier.

He has done that because he is a man of impeccable integrity according to Zoombies angry

7 Likes

Re: Presidential Air Fleet Cost Rises By 185.6%, Gulps N50.75bn In Five Years by BrickDevo: 3:03pm On Oct 24, 2021
Re: Presidential Air Fleet Cost Rises By 185.6%, Gulps N50.75bn In Five Years by Sundaypaul12345: 3:03pm On Oct 24, 2021
Hmmm
Re: Presidential Air Fleet Cost Rises By 185.6%, Gulps N50.75bn In Five Years by michlins(m): 3:04pm On Oct 24, 2021
The thievery of this administration is unheard of anywhere
Re: Presidential Air Fleet Cost Rises By 185.6%, Gulps N50.75bn In Five Years by Kenn55: 3:04pm On Oct 24, 2021
fasho01:
Yet the extravagant sojourner said he was going to reduce the fleet.. Now it's even used to fly side chics around

Hmmm. Are you serious? I have not been following happenings in Nigeria for sometime now. Wetin happen abeg? grin
Re: Presidential Air Fleet Cost Rises By 185.6%, Gulps N50.75bn In Five Years by Picker28: 3:05pm On Oct 24, 2021
grin grin grin grin grin grin grin
Borrow borrow
That why una want carpenters to DE pay tax abi
God is watching all of you, as for that cow in ASO rock Karma will visit you

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