Nigeria’s Wealthiest Own Private Jets, Avoid Spotlight

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It’s difficult to estimate exactly how many private jets there are in Nigeria because most are registered in other countries, says Rady Fahmy, the executive director of the African Business Aviation Association, in a BBC report. Aircraft in Nigeria and most of Africa are owned by individual businessmen and women, unlike North America and Europe, where private jets are usually corporate owned. “The choice to put it under (Nigerian) individuals’ names is due to financing requirements,” Fahmy told BBC. Most Nigerian jet owners avoid the spotlight, especially when it comes to discussing their wealth, although within aviation circles it is common knowledge who owns what, the report said. Nigerians have spent $6.5 billion on private jets, BBC reports. The country’s wealthiest are buying them to avoid flying on commercial airlines. Even traveling in business class can be problematic, with frequent delays and rerouting an Continue reading “Nigeria’s Wealthiest Own Private Jets, Avoid Spotlight”

Here Are Nigeria’s Firsts and Finests Till Date

 

Not all Nigerians have dragged the country’s name in the mud; some have been worthy ambassadors of the nation in various fields of human endeavour. Here is an attempt to put the spotlight on the heroic works of some Nigerian-born pioneers, innovators and inventors in the spheres of politics, media, medicine, law, aviation, entertainment, sports, literature, business and more. Continue reading “Here Are Nigeria’s Firsts and Finests Till Date”

Here Are Nigeria’s Firsts and Finests Till Date

 

Not all Nigerians have dragged the country’s name in the mud; some have been worthy ambassadors of the nation in various fields of human endeavour. Here is an attempt to put the spotlight on the heroic works of some Nigerian-born pioneers, innovators and inventors in the spheres of politics, media, medicine, law, aviation, entertainment, sports, literature, business and more. Continue reading “Here Are Nigeria’s Firsts and Finests Till Date”

Dangote To Create 1 Million Jobs By Investing $600million In Sugarcane Production

The President, Dangote Group of Company, Aliko Dangote, has declared that the sugar arm of his company will invest over $600million in the production of sugar in Kebbi, Kwara and Sokoto states.

Dangote made this known during a visit to the Governor of Kwara state, Dr Abdulfatah Ahmed, where he expressed satisfaction with the government’s effort at revolutionising agricultural in the state. Continue reading “Dangote To Create 1 Million Jobs By Investing $600million In Sugarcane Production”