Foreign creditors may seize presidential jets over accumulated debts

Aircraft in the Presidential Air Fleet are at the risk of being impounded by foreign creditors.

Findings indicated that the PAF was indebted to several service providers for various upgrades carried out on the 10 aircraft in the fleet to meet the required airworthiness.

However, due to inadequate funding, it was gathered that some installations on the aircraft had again been postponed to 2023.

The PAF Commander, Air Vice Marshal Abubakar Abdullahi, who stated these in his budget defence presentation at the National Assembly, also complained that only N1.5bn was allocated for the maintenance of the aircraft out of the proposed N4.5bn.

The PAF provides secure airlift to the President, the Vice-President, their immediate families and other top government officials.

Share via
Copy link
Powered by Social Snap