Indonesian Political, Business & Finance News

Nigeria orders CN-235

| Source: JP

Nigeria orders CN-235

JAKARTA (JP): Minister of Industry and Trade Luhut Binsar
Panjaitan said on Monday that Nigeria has ordered 20 CN-235
aircraft from state-owned plane manufacturer PT Dirgantara
Indonesia.

The aircraft will be bartered for crude oil, he said without
disclosing how much oil Nigeria will give Indonesia under the
barter scheme.

"They (Nigeria) don't have the money to pay in cash," Luhut
was quoted by news portal Detikcom.

He said that the barter agreement would be signed on May 30
and the delivery of the planes would be undertaken in stages.

This is not the first time that Dirgantara aircraft has sold
its products through barter schemes.

For instance, Thailand swapped glutinous rice for aircraft
produced by the company in the early 1990s. (tnt)

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