The attempted sale of a high-profile national asset has abruptly stalled. A United States brokerage firm has scrubbed the Nigeria presidential jet from its sales inventory, sparking confusion regarding the aircraft’s fate.
JetHQ, the agency responsible for marketing the Boeing 737-700, confirmed on Thursday that they are no longer handling the asset.
This sudden development contradicts the administration’s earlier fiscal roadmap.
Broker Deflects Inquiries
Laurie Barringer, Manager of Market Research at JetHQ, verified the removal. However, the firm refused to clarify whether a transaction had occurred or if the contract was simply terminated.
Instead, the brokerage directed all questions back to Abuja.
“We no longer have the listing on the Boeing. You will need to reach out to the Nigerian Government for information as to what has become of the aircraft,” Barringer stated in an email.
Government Silence on Nigeria Presidential Jet
Meanwhile, official channels remain opaque.
Ismail Garba, media aide to the National Security Adviser, previously indicated that a statement would be issued. Yet, days have elapsed with no word from the presidency regarding the change in strategy.
This lack of transparency raises concerns.
In July 2025, President Bola Tinubu’s administration publicized the sale as a vital cost-cutting measure. The goal was to trim the Presidential Air Fleet to alleviate pressure on state finances.
Asset History and Value
Despite being listed for months, the aircraft struggled to find a buyer. As recently as October 2025, JetHQ indicated the plane was still available, treating specific negotiations as proprietary.
The Nigeria presidential jet is a high-value asset.
Purchased in 2005 under President Olusegun Obasanjo for $43 million, the Boeing Business Jet (BBJ) holds a current estimated value of $56 million.
Furthermore, it remains in prime condition. Records show the jet received significant upgrades last year at a Basel facility. These refurbishments included:
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New cabin carpeting.
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First-class seat restoration.
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Comprehensive C1–C2 safety inspections.
Currently, it remains unclear if the government has secured a private buyer or abandoned the sale entirely.
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