Wealthy Nigerians splash N34.9b annually on maintenance of jets

According to an Encomium magazine report, wealthy Nigerians spend close to 35 billion Naira on maintenance of their private jets. Find the full report below... 

Wealthy Nigerians are living large, with the richest among us shelling out billions of naira on private jets and their maintenance.

Interestingly, the 250 private jet owners in Nigeria splash an average of N34.9 billion annually to maintain their expensive toys. Encomium Weekly’s check revealed that aside splashing over N1.8 trillion to acquire their jets, they spend an estimated N9 billion annually as salary to their expatriate pilots and N900 million annually to the crew, while a whopping N25 billion is splashed on general maintenance annually by them.