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How Private Jet Owners ‘ripped’ off Govt Of Over N30bn
… deliberately undervalue aircraft to escape import duties The Nigeria Customs Service (NCS) recently conducted a 60-day corporate and business jet aircraft verification exercise to determine and separate the private fleet from commercial aircraft operated by Nigerian domestic airlines. In the course of the verification exercise, the agency said it uncovered gross and flagrant abuses of the Temporary Importation Permit (TIP) concession by most private aircraft owners in the country. The abuse of…
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