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Guess The Nigerian Man Who Has The Most Expensive Jet in Nigeria worth N29.5billion

According to a Encomium magazine report, former Borno State Governor, Senator Ali Modu Sherriff has “toppled Bishop David Oyedepo as the owner of the largest fleet of private jets in Nigeria with the acquisition of a new jet valued at N11.5 billion”.

A Nigerian pilot and chief executive officer of an airline that provides charter services, said by registering the aircraft overseas, Sheriff had denied Nigeria taxes and import duty on the aircraft.

He added that no Nigerian pilot or engineer would be employed to operate or work on the aircraft because with the foreign registration, only pilots and engineers licensed in the United Arab Emirates would be authorised to operate and service the aircraft.

“By registering the aircraft overseas, he has avoided tax and import duty, which he should pay to a country where he is a citizen and from which he made the money which he now spends on a foreign crew,” he said.
The source also explained that Sheriff would also be paying overseas facility managers for the maintenance of the aircraft and would also pay charges to the company under which the aircraft was registered overseas.

The main price of the aircraft is $65 million but other charges could have raised it to $72 million, and according to US-based Forbes magazine, the Gulfstream G650 has an order book of 200 customers throughout the world.

 

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