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Nigeria’s economic crisis deepens as President splurges on luxury jet

August 22, 2024
0
Nigeria’s economic crisis deepens as President splurges on luxury jet
Youths in Nigeria have expressed their displeasure and disappointment following the acquisition of a brand-new aircraft for President Bola Tinubu amidst the country’s economic downturn.
This purchase has sparked outrage, coming shortly after nationwide protests against the rising cost of living and hunger.
Since taking office, President Tinubu has implemented various economic reforms, including the removal of fuel subsidies, which have resulted in high inflation rates exceeding 30%.
While the president justifies these reforms as necessary for reducing government expenditure and promoting long-term economic growth, many Nigerians feel it is unjust for them to bear the brunt of economic hardship while the government indulges in lavish spending.
A social media user, @Fdmlearn, echoed this sentiment, questioning the morality of subjecting citizens to economic pain while the government splurges on a new presidential plane.

“Wait so despite the Tinubu led Government telling Nigerians to bear the economic hardship and wait for a better tomorrow, they were busy paying cash for a new private Jet to add to the presidential fleet that has over 6 aircraft’s already?”.

Another X user @RealOlaudah was even more angry.

“Let’s tell ourselves the truth. Tinubu’s new Airbus presidential aircraft purchase for N150 billion at a time of penury, hunger, and want shows how wicked, selfish, self-indulgent, and insensitive to the plight of the average Nigerian he really is.”

But according to @Timi_The_Law, he agrees with the president’s choice because the jet is part of the president’s office and not his personal property.

“Tinubu made the proper choice in purchasing a new aircraft. Future presidents would appreciate the jet, which is owned by the president’s office, he wrote on social media.

This year’s budget did not mention the acquisition, so it is unknown if lawmakers approved it. President Tinubu’s communications aide Bayo Onanuga said in a statement on X that the new aircraft will indeed result in cost savings.

Tags: jet

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