NATIONAL NEWS
US COMPANY WITHDRAWS NIGERIA’S PRESIDENTIAL JET FROM PLANNED SALE
The marketing firm responsible for the sale of Nigeria’s presidential Boeing 737-700 Business Jet has removed the aircraft from its listings.
The jet, which had previously appeared on the company’s website, was no longer visible when checked recently.
In an email, Laurie Barringer, Manager of Market Research at JetHQ, confirmed that the firm no longer has the aircraft listed for sale and advised that further inquiries be directed to the Nigerian government.
“Thank you for your email. We no longer have the listing on the Boeing. You will need to reach out to the Nigerian Government for information regarding the aircraft. I appreciate your time,” Barringer wrote.
The media aide to the National Security Adviser, Ismail Garba, had promised a response but had not provided one days after the commitment.
The removal comes months after the aircraft was first listed by the Federal Government in July 2025 and remained unsold for nearly four months on the international aircraft sales platform.
Earlier, email exchanges indicated that the jet was still available. JetHQ’s Market Research Assistant, Marinell Nuevo, confirmed its availability but referred detailed inquiries to Barringer. Barringer emphasized that the firm does not disclose proprietary information beyond confirming availability.
“We do not provide this kind of information to anyone but the direct owner of the aircraft. This is considered proprietary information. The only data we can provide is that the aircraft remains available for sale,” Barringer stated.
Before being delisted, records showed the jet underwent partial refurbishment and inspections at AMAC’s Basel facility in July 2024, including first-class seat refurbishment, cabin carpet replacement, and major C1–C2 inspections.
According to aircraftcostcalculator.com, a pre-owned Boeing 737 BBJ has an average market value of about $56 million, depending on configuration and maintenance records.
The aircraft was originally purchased in 2005 for $43 million under then-President Olusegun Obasanjo and has remained part of the Presidential Air Fleet.
In July 2025, the Tinubu administration announced plans to sell the jet as part of a cost-cutting and fleet rationalization strategy amid growing public scrutiny of government spending.
"This represents a significant development in our ongoing coverage of current events."— Editorial Board