2020 Budget: Buhari To Upgrade Presidential Aircraft With N1.5bn
1 year ago Femi Olasunkanmi 0
President Buhari is proposing to spending N1.492 bn on the upgrading of some of the aircraft in the Presidential Air Fleet in 2020 .
The sum is apart of the N200.994m the President will be spending on the overhaul of engines of some of the aircraft in the fleet next year .
The figures are contained in the details of the 2020 Appropriation Bill that Buhari presented to a joint session of the National Assembly on Tuesday .
Details of PAF ’s budget are captured under the budget of the Office of the National Security Adviser .
According to the details, N 792 m will be spent on what is termed “ mandatory upgrade and installation of live TV and Internet service on BBJ ( 5 N -FGT ) .”
Also, N 50 m will be spent on “ compliance with mandatory upgrade and installation of Internet service on G 550 ( 5 N -FGW ) .”
Apart from these , another N 650 m is being proposed to be spent on “ compliance with mandatory upgrades on PAF aircraft .”
All the expenses are to be spent on ongoing projects.
Further details of the budget showed that PAF will spend N 250 m on aviation fuel during the year .
The sum is part of the N 467 .86 m budgeted for fuel and lubricants ( general ) for 2020 .
Other expenses in that category include the N 115 . 86 m budgeted for motor vehicle fuel ; N 70 m for plant /generator fuel ; N 30 .2 m for other transport equipment fuel ; and N 1 .8 m for cooking gas/ fuel .
The PAF will also refund N 1 .22 bn to Asset Management Corporation of Nigeria for asset acquisition.
The asset acquired is not stated in the budget details.
The PAF will also be spending N 120 m on the construction of armoury while N 178. 273 m will be spent on the renovation of the HQ 011 PAF complex and aircraft hangar .
Fire fighting vehicle will cost PAF N 90 m during the year while N 89 .413 m will be spent on the purchase of six pieces of FIDO X 3 Military Grade Scanners.
Meanwhile, the suspended national carrier , Nigeria Air , will gulp a whopping N 4 .998 bn in the 2020 fiscal year .
According to the details of the Ministry of Aviation ’s budget, “ working capital for establishment of national carrier ” will cost N 4 . 694bn while “ consultancy for establishment of national carrier ” will gulp N 304 m .
Under the budget of the Office of the Secretary to the Government of the Federation, national events ( Independence Day and Democracy Day ) will cost N 255 m ; utility vehicles for former Heads of State ( replacement ) will cost N 100 m while purchase of office equipment and furniture for political aides and Shehu Shagari Complex will cost N 355 . 475m.