A NEW plane is set to join the presidential fleet.
The fleet’s 11th plane – is
Gulfstream- is to attract a N1.52million deposit, going by the 2014 budget.
The aircraft is expected to cost
about N8 billion, according to industry sources.
The rest of the payment will be
spread over one, two or three years before the jet is built and delivered.
The expenditure is part of the
projected spending contained in next year’s estimate, which was laid before the
National Assembly last week by Finance Minister Dr. Ngozi Okonjo-Iweala.
These items include: the completion
of a hanger, N405,500,000; Tyre bay tools and equipment N106,000,000;
Towberless tow tractor for aircraft towing for N58,740,000; hanger sweeper
N31,870,000; luggage conveyor belt truck N28,898,000; and Harlan tow tug for
aircraft equipment towing N27,590,000.
Others are CCTV and surveillance
equipment for N18,000,000; aircraft tools and equipment N11,480,000; battery
workshop equipment N5,050,000; complete tool box for general works and vehicles
N360,000; heavy duty crocodile jacks N300,000; aluminum ladder N285,000; safety
boots N52,500 and foldable ladder, N50,000.
The aircraft in the fleet of the PAF
include two Falcon 7X jets, two Falcon 900 jets, a Gulfstream 550, one Boeing
737 BBJ (Nigerian Air Force 001 or Eagle One) being used exclusively by the
President and a Gulfstream IVSP, one Gulfstream V, Cessna Citation 2 aircraft
and Hawker Siddley 125-800 jet.
It is estimated that each of the
Falcon 7X jets bought in 2010 cost $51.1 million. The Gulfstream 550 may have
cost $53.3 million.
However, none of the aviation
industry Bluebooks will give the simple calculation accuracy of how much an
aircraft really costs. A number of issues are responsible for the difficulty in
presenting a clear figure for a make/model/year, of an aircraft to help
accurately determine how much it really worth.
Some of the issues include: lack of
central reporting of aircraft sales for either tax or licence requirements, the
complexity of individual aircraft value calculations, the timing of sales (long
timeframes from offer to closing during which time the market can go up or down
substantially), multiple synchronous closings for jet aircraft in particular,
international currency sales, and non-disclosure-of-price terms included in
many transaction documents.
Tags
Politics
This is just an avenue for government to help the big boy make money. I wonder why another aircraft is necessary. Even with all the challenges that the federal govt are facing they are now adding the 11th aircraft. To me this is not what will benefit the society at large. Stupid Administration of Johnathan. If thing go like this, people will hate you more and obviously they will vote you out
ReplyDeleteThis is one of the conduits of corruption by Jonathan .
ReplyDeleteMy God, where are we heading to in Nigeria. This is enough to create opportunities in a whole state.
DeleteAnother jet at this time? Johnathan must bid his time or they will ruin him. A govt of profligates whose citizens are in dire need of decent food , spending billions for the comfort of few unproductive few .
DeleteObasanjo's letter is showing it's self. We will never forgive any exorbitant project.
ReplyDelete