Full List: Dangote, Adenuga, 38 Other Nigerians Who Own Private Jets

Full List: Dangote, Adenuga, 38 Other Nigerians Who Own Private Jets

  • An AMB report has estimated that maintaining a private jet annually costs between $500,000 and $1 million
  • Heavy business jets, ultra-long range jets, light, mid-size, and others are examples of different private aircraft owned
  • Dangote, Adenuga, and some other businessmen and entertainers are some of the Nigerians who own these "expensive toys"

Legit.ng journalist Zainab Iwayemi has over three years of experience covering the Economy, Technology, and Capital Market.

In Nigeria, owning a private aircraft is not only considered a luxury but also a status symbol. Numerous Nigerians, including politicians, entertainers, and preachers, are known to own one.

private jet
Owning a private aircraft is a status symbol in Nigeria. Photo Credit: Dangote Group, Raymart Aviation
Source: UGC

According to AMB, the average cost of maintaining a private jet is between $500,000 and $1 million (about N290 million to N580 million) annually.

General checkups on a private jet are also necessary. They include weekly inspections, pre- and post-flight inspections, "C" checks, software checks, fuel level checks, etc.

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Among the various kinds of private aircraft are executive airliners, heavy business jets, ultra-long range jets, light, mid-size, super mid-size, and very light jets.

In no particular order, here are some Nigerians who reportedly own private jets along with their net worth, according to Ambusinessng:

1. Aliko Dangote – Founder of Dangote group ($19.6bn)

2. Mike Adenuga – CEO of Globacom Ltd ($7bn)

3. Allen Onyema – CEO of Airpeace ($3.1bn)

4. Arthur Eze – CEO of Atlas Oranto Petroleum ($5.8 billion)

5. Igho Sanomi – Business man ($1bn)

6. Adedeji Adeleke -President of Adeleke university ($700m)

7. Cletus Madubugwu Ibeto – CEO of The Ibeto Group ($3.8bn)

8. Apostle Johnson Suleman – General overseer of Omega Fire Ministries ($10.5m)

9. Dr. Bryant (ABC) Orjiako – Chairman and co-founder of SEPLAT ($1.2bn)

10. Femi Otedola – Businessman and Philanthropist ($1.2bn)

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11. Orji Uzor Kalu – Politician and businessman ($1.1bn)

12. President Asiwaju Bola Ahmed Tinubu – Politician ($8.4bn)

13. Bishop David Oyedepo – General overseer of Living Faith Church ($200m)

14. Joseph Arumemi-Ikhide – Founder of Arik Air ($3bn)

15. Theophilus Danjuma – Nigerian politician ($1.1 bn)

16. Pastor Adeboye – General Overseer of The Redeemed Christian Church of God ($65m)

17. Pastor Ayo Oritsejafor – Former president of the Christian Association of Nigeria ($32m)

18. Folorunsho Alakija – Businesswoman ($1.53bn)

19. Ibrahim Badamasi Babangida – Nigerian retired general – $5 billion

20. Atiku Abubakar – Politician ($1.8bn)

21. Olusegun Obasanjo – Politician ($1.6bn)

22. Rochas Okorocha – Politician ($1.4bn)

23. Rotimi Amaechi – Politician ($780m)

24. Senator Ali Modu Sheriff – Politician ($1m – $5m)

25. Godswill Akpabio – Politician ($20m)

26. Obi Cubana – Businessman ($96m)

27. Tiwa Savage – Musician ($17 billion)

28. Phyno – Musician ($12m)

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29. Ned Nwoko – Politician and businessman ($1.2bn)

30. Jide Omokore – Unavailable

31. Pastor Chris Oyakhilome – General Overseer of Christ Embassy – ($50m)

32. Prophet Jeremiah Omoto Funfeyin – Founder of Christ Mercyland Deliverance Ministry ($35m)

33. Wizkid – Musician ($30m)

34. Don Jazzy – Musician ($10m)

35. Patrick Ifeanyi Ubah – Politician ($1.7bn)

36. Jimoh Ibrahim – Businessman – ($1.1bn)

37. DJ Cuppy – Nigerian DJ – ($3m)

38. Ernest Azudialu Obiejesi – Business man ($900m)

39. Olamide – Musician ($12m)

40. P-Square – Musician – ($100m) (Speculated)

In a recent development, Captain Chris Najomo, the acting director-general of the Nigeria Civil Aviation Authority (NCAA), declared that private jets engaged in commercial operations face the potential consequence of license revocation.

This statement was made while presenting his strategic vision for t024, named 'NCAA Project 2024,' in Lagos.

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The development followed a preliminary report by the Nigerian Safety Investigation Bureau after Flint Aero aircraft was involved in a November 2023 crash at Ibadan Airport in Oyo state.

Dangote to sell luxurious private jet

Legit.ng reported that Nigerian billionaire Aliko Dangote has reportedly put up his luxurious Bombardier Global Express XRS private jet for sale.

He paid $45.5 million for the private jet in 2009 (13 years ago) when he celebrated his 53rd birthday.

Billionaire.Africa reports that the chairman of Dangote Cement has decided to reduce his luxurious items.

Source: Legit.ng

Authors:
Zainab Iwayemi avatar

Zainab Iwayemi (Business Editor) Zainab Iwayemi is a business journalist with over 5 years experience reporting activities in the stock market, tech, insurance, banking, and oil and gas sectors. She holds a Bachelor of Science (B.sc) degree in Sociology from the University of Ilorin, Kwara State. Before Legit.ng, she worked as a financial analyst at Nairametrics where she was rewarded for outstanding performance. She can be reached via zainab.iwayemi@corp.legit.ng