The Federal Airports Authority of Nigeria (FAAN) may be smiling to bank from revenue made from private jet owners who pay about $10, 000 monthly for parking of their aircraft at the FAAN’s terminals across the country. A rough estimate puts the current number of private jets to about 200 with many of them under foreign registry.
Industry sources say the airport authority collects about $320 for over-night stay of the jets at the airport and about $10, 000 monthly on parking fees on a jet from those who do not have private terminals. However, the fee charged for landing depends on the aircraft weight and on the time it lands at an airport.
According to statistics obtained from FAAN’s website, the rate varies for Day landing $0.00909/kg ; Night landing $0.01364/kg. Parking for the first three hours does not attract any fee.
For the Gulfstream G450 aircraft, with landing weight of 29,935kg, the airport authority will charge the owner about $273 or its naira equivalent for day landing while it will take $408 for night landing.Some Nigerians who have been associated with owning private jets include Pastor Enoch Adeboye, Bishop David Oyedepo, Pastor Sam Adeyem, Alhaji Aliko Dangote, Chief Mike Adenuga, and Mr. Jimoh Ibrahim. Others are Sir. Joseph Arumemi-Johnson of Arik Air, Chairman of ThisDay Newspaper NdukaObiagbena, Dr. Babatunde Fagbemi of Maevis Nigeria Ltd, and award winning singers, P Square .
Some of the companies with private jets include Zenith Bank, Oceanic Bank, Dangote Group, NNPC, among others. Some state governments like that of Akwa Ibom, Rivers among others are believed to have acquired private jets.
Though efforts to get what FAAN makes from private jet owners did not yield result, industry sources say private jet owners especially those whose aircraft are under foreign registry are complain over what they consider to be high landing charges on their aircraft.
AlhajiKashimShittima, chairman and chief executive officer of Skyjet Aviation in an interview at the NCAA corporate headquarters complained that they pay heavily on landing charges but did not disclose exactly how much his company pays for such services.
Private jet ownership has witnessed a boost in Nigeria in recent times. The Nigerian Institution of Estate Surveyors and Valuers (NIESV) had at a Seminar held in Lagos recently disclosed that Nigerians have in the last three years invested about N1.3 trillion to acquire private jets. NIEV is authorized by law to place value on any property.
Also, Mr. Sam Adurogboye, Spokesman for the Nigerian Civil Aviation Authority (NCAA) had told the our correspondent that private jet ownership is on the increase even as most private jet owners prefer to register their aircraft abroad because they pay less insurance premiums abroad, while the aircraft had second hand values and they could easily get buyers if they decide to sell the aircraft.

































































