Federal Government Suspends Importation of Private Jets

It seems the trend of private jet acquisition by Nigerians might slow down for a while. Is this good or bad news? You tell us.

The Ministry of Aviation has announced a suspension of the importation of private jets into the country pending the renewal of the policy on private jets. This suspension affects private airplanes, helicopters and other lighter aircraft.

The suspension would continue until the formulation of a new policy on importation of private jets and helicopters.

The Special Assistant (Media) to the Minister of Aviation, Joe Obi, who confirmed the development told Punch that the suspension did not affect the importation of commercial and passenger jets being used by domestic airlines.

The domestic airlines are free to bring in their normal passenger planes. But the suspension only affects private jets. The government is trying to work on a new policy for the private jet. You will agree with me that the current policy on private jets is old, and there is a need to renew it.  Pending that renewal, all applications for importation for now will have to hold on.”

When asked if there was a time frame for the lifting of the suspension, Obi said, “There is no definite time for now. It depends on when the new policy is completed. Government is working on the policy. When it is completed, every body will be informed.”

Investigations by Punch further revealed that the development was already affecting not only some wealthy Nigerians, who had ordered for private jets, but also their appointed agents helping them to handle the purchase from foreign manufacturers.

Some of them have been waiting for approval to import aircrafts from the United States, France and South Africa. Players in the private jet sub-sector said some of the prospective buyers of the private jets might lose the non-refundable deposits they had paid to the manufacturers.

The Nigerian private jet market has been one of the fastest growing in the world lately. Between 2007 and 2012, private jet ownership rose from 20 to 150.

7 Comments on Federal Government Suspends Importation of Private Jets
  • Trey January 21, 2013 at 12:40 pm

    Dats so bad bcos i was planning to av mine later dis year. Thank u for d info anyway.

  • Bebe January 21, 2013 at 12:42 pm

    just when i was about to place my order!! i’d better do a yacht then before that one too is banned!

  • Benny January 21, 2013 at 6:40 pm

    Oh no!! I have ordered mine. Any way a Private Train will do.

  • Busy Sade January 21, 2013 at 7:07 pm

    Jobless people

  • Anonymous January 21, 2013 at 9:03 pm

    Me too!!!

    veronicaaesthetica.blogspot.com

  • Dayo January 21, 2013 at 9:54 pm

    Thankfully, mine just arrived… LOL!

    What a useless government. Of all of the problems facing Nigeria. government is concerned with the PRIVATE jets of PRIVATE people! Meanwhile, the Presidency keeps buying a new jet almost every year’s Budget. We are like folks chasing rats when our building is on fire. But then again, why bother with things like taxing the purchase (VAT) and use (through airport charges) of those jets and generating revenue, when we can seat on our backside and collect oil money. SMDH

  • TONIA January 21, 2013 at 10:33 pm

    The Federal Government should increase the tax paid on the private jets after the suspension has been lifted as it would reduce the number of private jets imported

  • Post a comment