Nigeria Sells Presidential Jet After $100 Million Airbus Purchase
Nigeria’s government plans to sell its 20-year-old Boeing Business Jet following the acquisition of a new $100 million Airbus A330 for President Bola Tinubu’s official travel.
The Federal Government completed arrangements to market the Boeing BBJ as part of streamlining efforts for the Presidential Air Fleet. The aging aircraft served presidential duties for two decades since its purchase during Olusegun Obasanjo’s administration.
Officials positioned the sale as a cost-reduction measure amid Nigeria’s economic challenges. The government recently invested $100 million in the new Airbus A330, prompting questions about fleet management and public spending priorities.
The Boeing jet’s sale represents part of broader government efforts to optimize operational costs within the presidential transport system. Aviation experts note that maintaining multiple aircraft creates significant ongoing expenses for fuel, maintenance, and crew training.
The timing of the sale coincides with increased scrutiny over government spending on luxury items while Nigeria faces inflation and currency devaluation. Citizens have questioned the necessity of expensive aircraft purchases during economic hardship.
The new Airbus A330 offers enhanced range and capacity compared to the older Boeing model. Government officials argue the upgrade improves efficiency for presidential travel and diplomatic missions.
The sale process will likely attract international buyers interested in well-maintained executive aircraft. Proceeds from the Boeing jet sale could offset some costs from the Airbus acquisition, though specific financial details remain undisclosed.
