Luxury Tax: Oyedepo, Adenuga, Dangote others to pay billions for Private Jet use

According to details from Encomium magazine, the $4,000 per trip luxury tax imposed by Princess Stella Oduah, the minister of Aviation, will generate billions of Naira for the Federal Government in annual revenue.

Here is the breakdown from the magazine, according to number of jets owned and projected luxury tax payable.

NAME                               NO. OF JETS            LUXURY TAX ANNUALLY    
1         Bishop Oyedepo                         4                      N399 million
2          Alhaji Dangote                          3                      N399m
3          Dr. Mike Adenuga                    2                      N266m
4          Gov. Rotimi Amaechi             1                      N166m
5          Gov. Godswill Akpabio          1                      N166m
6          Ayo Oritsejafor                         1                      N166m
7          Pastor Adeboye                        1                     N133m
8          Jide Omokore                           1                        N133m
9          Ifeanyi Ubah                              1                      N133m
10         Jimoh Ibrahim                           1                   N100m