The Federal Government has allocated a cumulative N10.61bn for the overhaul of engines on the Gulfstream G550 aircraft assigned to Vice President Kashim Shettima over a three-year period.
This was contained in the analysis of appropriation bills from 2024 to 2026.
The aircraft, registered as 5N-FGW, received the highest single allocation among all engine overhaul projects in the Presidential Air Fleet, accounting for 55 per cent of the N19.27bn total spent on engine maintenance across the fleet under the President Bola Tinubu administration.
Budget documents obtained and analysed by The PUNCH show that the allocation for overhauling the vice president’s aircraft engines jumped from N1.24bn in 2024 to N5.51bn in 2025—a 345 per cent increase—before settling at N3.86bn in 2026.
The 2024 Appropriation Bill listed the project under code ERGP31206170 as “Overhaul of 5N-FGW Engines” with a “NEW” status and an allocation of N1.24bn. By 2025, the project’s status changed to “ONGOING” with the allocation rising to N5.51bn, before declining to N3.86bn in 2026 while maintaining its “ONGOING” status.
The 13-year-old Gulfstream G550, which flies under the call sign “Nigerian Air Force 2” when carrying the vice president, has been plagued by technical faults that have led to cancellations of Shettima’s international trips in the past.
In May 2024, Shettima was forced to abort his trip to the United States for the 2024 US-Africa Business Summit in Dallas, Texas, after the aircraft developed a technical fault mid-flight.
The incident occurred less than a month after President Tinubu was compelled to charter a private jet to Saudi Arabia when the same Gulfstream jet, originally assigned to the vice president, developed an oxygen leak in the Netherlands. Four months later, in October 2024, the vice president again cancelled his trip to the Commonwealth Heads of Government Summit in Samoa after a foreign object hit the aircraft during a stopover at JFK Airport in New York.





