Recession:  FG To Sell Presidential Jets

Hamilton Nwosa
Writer

Ad

Brent Stalls at $65 as Markets Shrug Off OPEC+ Supply Signals

OPEC+ has failed to spark an oil price rally with its commitment to halt production hikes in the first quarter of 2026, as fears of a supply glut continue to weigh on both Brent and WTI. - OPEC+ surprised oil markets by announcing a pause in its scheduled return of voluntary cuts throughout Q1 2026,…

Trump and us, by Hakeem Baba-Ahmed Baba-Ahmed

By Hakeem Baba-Ahmed I admit entertaining some doubt over the authenticity of US President Trump’s first tweet announcing that he had set in motion the process of classifying Nigeria as a Country of Particular Concern, again. The bit that confused me was the reference to Nigerian Christians as ‘our Christians’. The world is now familiar…

Tension as U.S. lawmaker Riley Moore rebukes China, backs Trump’s warning to Nigeria

By Obinna Uballa A United States lawmaker, Rep. Riley M. Moore, has thrown his weight behind President Donald Trump’s warning to intervene militarily in Nigeria if the alleged persecution of Christians continues, insisting that the U.S. will not allow China to influence its foreign policy decisions. Moore, in a statement on Tuesday amid growing concern…

Ad

In an effort to rescue the nation from the recession, the Federal Government has advertised the sale of two aircraft in the presidential fleet and directed that the bids be quoted in US dollars.

A Falcon 7x and Hawker 4000 are the aircraft to be disposed of, according to an advert placed in a national daily, not The New Diplomat.

Interested buyers were asked to inspect the Falcon at the presidential wing of the Nnamdi Azikiwe International, Airport, Abuja, and the Hawker at Cessna Zurich Citation Service Centre, Zurich, Switzerland.

The office of the national security adviser (NSA), which is in charge of the sale, said all bids should be quoted in US dollars – a possible indication that the government is avoiding exchange rate risks being experienced by businesses in Nigeria.

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp