Showing posts with label Gulfstream. Show all posts
Showing posts with label Gulfstream. Show all posts

Monday, September 17, 2012

Wealthy Nigerians spend $6.5bn on 130 private jets

The growing penchant for private jets acquisition has cost wealthy Nigerians a sum of $6.5bn (N1.02tn) in the last five years. Aviation sources reveal that the luxury trend, which rose by 650 per cent between 2007 and 2012, is encouraged among the rich by the need for privacy, fear of insecurity and the urgency required by modern business, TUNJI ABIOYE reports