Tuesday, September 25, 2012
Private Jet Ownership In Nigeria Increased From 20 To 150 In The Last Five Years
This basically means that more wealthy Nigerians have acquired about 130 private jets with a sum of N1.02tn ($6.5bn) within the last five years.
We all know that private jets don't come cheap at all. It is said to cost between $40m and $65m or more, and are owned by top politicians, oil magnates and business moguls. Nigeria currently rivals China as one of the two fastest growing private jet markets in the world.
Nigeria today is ranked as one of the world's poorest countries, yet has a few of its citizen ranked as some of the world's richest men. Talk about ironies of life.