Travels: Presidency Spends ₦34 Billion On FOREX In Two Years
Findings have revealed that the Nigerian Presidency spent about ₦34.39 billion on foreign exchange purchases within two years to fund international travels and related official duties. The data, sourced from GovSpend, a public finance tracker by BudgIT, covers transactions linked to the State House, Presidential Air Fleet, Office of the Chief of Staff, and activities […]
Nigeria’s Presidential Jet Still Unsold Four Months After Being Listed
The Presidential Boeing 737-700 Business Jet put up for sale by the Nigerian government in July 2025 remains unsold nearly four months later, according to confirmation from JetHQ, the U.S.-based firm managing the listing. Despite being featured on an international aircraft sales platform, the jet has not attracted a confirmed buyer. JetHQ’s Market Research Assistant, […]
Nigeria Spent ₦19 Billion on Presidential Aircraft in 15 Months
The Nigerian government has spent over ₦19.43 billion on maintaining and operating its Presidential Air Fleet (PAF) between July 2023 and September 2024. A significant portion of this spending went toward foreign exchange needs for operations outside Nigeria, including fuel and maintenance paid in U.S. dollars. In 2024 alone, the fleet’s expenses reached ₦13.55 billion, […]