B-R-E-A-K-I-N-G News! Senator Ali Sherrif, Acquires $72m (N11.5billion) Aircraft. **this new air Jet brings to a total of four planes in his fleet. Former Governor of brono state and Chairman Board of Trustee of APC, Senator Ali Modu Sheriff, who has been blamed for fostering the Islamic terror group, Boko Haram in North-Eastern Nigeria, has added another airplane to his fleet with his latest acquisition being a new Gulfstream jet G650 model that cost him an estimated $72 million (N11.5 billion). The aircraft, which was registered in Dubai with special specifications, is the fourth in his fleet, as the former governor already has three old Dornier aircraft which he acquired from Aero Contractors at an estimated $3 million (N480 million). THISDAY learnt that the Dornier aircraft are used for charter services as Sheriff recently obtained an Air Operator Certificate (AOC) from the Nigerian Civil Aviation Authority (NCAA) for his airline, Skybird. But a source said the Gulfstream was acquired for Sheriffs personal use. An operator who is aware of the purchase described the aircraft as top of the range, adding that it was unlikely that the former governor would deploy it for commercial service. A Nigerian pilot and chief executive officer of an airline that provides charter services, said by registering the aircraft overseas, Sheriff had denied Nigeria taxes and import duty on the aircraft. He added that no Nigerian pilot or engineer would be employed to operate or work on the aircraft because with the foreign registration, only pilots and engineers licensed in the United Arab Emirates would be authorised to operate and service the aircraft. “By registering the aircraft overseas, he has avoided tax and import duty, which he should pay to a country where he is a citizen and from which he made the money which he now spends on a foreign crew,” he said. The source also explained that Sheriff would also be paying overseas facility managers for the maintenance of the aircraft and would also pay charges to the company under which the aircraft was registered overseas. The main price of the aircraft is $65 million but other charges could have raised it to $72 million and according to US-based Forbes magazine, the Gulfstream G650 has an order book of 200 customers throughout the world. - Thisday
Posted on: Tue, 05 Nov 2013 09:53:15 +0000