Wednesday

Oyedepo, Dangote, Adenuga To Pay N400m Luxury Tax On Private Jets

According to a story by Encomium magazine,
Bishop David Oyedepo, Alhaji Aliko Dangote
and Dr. Mike Adenuga are among the top 10
Nigerian billionaires who will pay hundreds of
millions of naira annually as luxury tax due to
the imposition of a whooping $4,000 luxury
tax by Aviation Ministry on private jet owners
and operators per departure.
Some of these super rich Nigerians make use of
their jets 3/4 times in a week either within or
outside Nigeria and for every trip, it's a cool $
4, 000 tax. Continue...
From Encomium magazine
According to our sources, among the four jets
owned by Bishop Oyedepo (Gulfstream V and
G550, Bombardier and Gulfstream G430), he
uses three regularly personally and for his
missionary work. Thus, his luxury tax annually
will be an average of N399 million. Alhaji Aliko
Dangote who has three private jets in his
hanger will also pay an average of N399
million per annum. Dr. Mike Adenuga, Jnr,
whose Falcon 7x and Bombardier jet are used
for personal and business purpose should pay
an average of N266 million. Governor Rotimi
Amaechi and his Akwa Ibom counterpart,
Governor Godswill Akpabio would shell out an
average of N166.4 million annually. Pastor Ayo
Oritsejafor falls into the same category of
N166.4 million naira payer. Meanwhile, Pastor
Enoch Adejare Adeboye, Jide Omokorie and
Ifeanyi Ubah would pay an average of N133
million annually, while Jimoh Ibrahim falls
within the N100 million category.
Furthermore, the richest woman in Nigeria,
Folorunsho Alakija would spend N66 million on
luxury tax.
Findings by Encomium Weekly revealed that
the top 10 private jet owners who would cough
millions annually on the new luxury tax are
below.
The clash of the titans between the Federal
Government and private jet owners reached a
crescendo with the imposition of the $4,000
luxury tax on private jet owners and operators
per departure. A memo was sent to all private
jet operators stating that Nigerian registered
private jets would henceforth pay $3,000 for
every departure, while foreign registered
private jets would pay $4,000.

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