FG targets N32bn from private jet owners

Posted: November 12, 2013 in The Economy
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Coordinating General Manager (Communications) for Aviation Parastatals, Mr. Yakubu Dati

The Federal Government will rake in about N32bn annually as luxury tax from owners and operators of private jets in Nigeria.

This is if the attempts by the government through the Nigerian Civil Aviation Authority to impose luxury tax on private jet owners and operators sailed through.
It read, “In compliance with the provisions of Section 30 (2) (q) & (s) of the Civil Aviation Act of 2006, the authority hereby orders: All foreign registered aircraft engaging in non-scheduled operations to forthwith pay $4,000 as fees under the provisions of the law set out above for every departure, except round trips without changes in passenger manifest, or return ferry. Such fees shall be paid in advance and prior to departure.

“All Nigerian-registered aircraft engaging in non-scheduled operations shall forthwith pay $3,000 as fees under the provisions of the law set out above for every departure, except round trips without changes in passenger manifest, or return ferry. Such fees shall be paid in advance and prior to any departure.

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