Recession:  FG To Sell Presidential Jets

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.