Nigerian Govt Spends Over N19 Billion on Presidential Air Fleet in 15 Months – REPORTS

N55bn Allocation Presidential Jet

The Presidential Air Fleet (PAF) incurred expenses totaling N19.43 billion from July 2023 to September 2024, with N13.55 billion spent in 2024, covering 66% of the year’s budget allocation. Most funds went towards “Forex Transit Funds” for foreign exchange needs during international engagements, including fuel, maintenance, and operational services abroad, officials said. EDITOR’S PICKS  Electricity … Read more