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FG Grounds Bank Private Jet Over Unpaid Import Duties—-The Federal Government, through the Nigeria Customs Service (NCS), has grounded a United States-registered Gulfstream G650ER jet owned by a leading Nigerian bank.

This action marks the start of a clampdown on private jet owners who owe billions in unpaid import duties.

The grounding comes two weeks after the NCS initiated a one-month verification exercise for private jet owners, which started on June 19, 2024, and will end on July 19, 2024. The exercise aims to identify private jet operators who have illegally imported aircraft without paying the necessary duties.

During a similar exercise in 2019, the NCS recovered about N2 billion for the government. This year, at least 80 private jet owners are expected to present their import documents and aircraft certificates of registration to Customs officials in Abuja.

Although the official clampdown on non-compliant private jets is set to begin after the verification exercise, some operators have already started exporting their aircraft to evade scrutiny. Last week, the NCS noted that some operators of foreign-registered private jets were temporarily flying their aircraft out of the country.

Recent findings revealed that a luxury Gulfstream G650ER, with registration number N331AB and manufacturer’s serial number 6487, owned by a tier-1 bank, has been grounded at Lagos airport over N1.9 billion in unpaid import duties. This amount could rise to about N6 billion based on the current exchange rate. The NCS has requested the Nigerian Civil Aviation Authority (NCAA) and the Nigerian Airspace Management Agency (NAMA) to cancel the flight clearance approval for this aircraft.

The NCS, under the leadership of Comptroller General Adewale Adeniyi, is determined to enforce compliance. Adeniyi mentioned that many private jets had left Nigeria to avoid verification, and only a few owners have come forward. The NCAA’s data shows many private jets operating in Nigeria have not paid customs duties, prompting this verification exercise.

In 2019, a similar exercise fetched N2 billion in a short period. Despite efforts to collect duties, many private jet operators have used technical loopholes to avoid payment. These loopholes include obtaining a Temporary Import Permit (TIP) instead of paying the statutory import duty. The TIP is valid for an initial period of 12 months and can be extended twice by six months each.

With the new leadership, the Customs Service aims to close these loopholes. If the government enforces the 25% penalty fee for delayed payments, in addition to the statutory 5% import duty, the NCS could recover close to N100 billion from unpaid import duties.

In 2021, 17 owners of foreign-registered private jets, including top business moguls and leading banks, took the Federal Government to court to prevent the grounding of their planes over alleged import duty defaults. Despite this, the NCS has continued its efforts to ensure compliance.

The ongoing verification exercise and subsequent clampdowns indicate a serious effort by the Federal Government to recover unpaid import duties from private jet owners. With significant financial stakes and legal implications, the coming weeks will be crucial in determining the effectiveness of this initiative.

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2027 Elections: Atiku Abubakar Backs Consensus Candidate for African Democratic Congress, Keeps Primaries as Option

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Atiku Abubakar Backs Consensus Candidate for African Democratic Congress

2027 Elections: Atiku Abubakar Backs Consensus Candidate for African Democratic Congress, Keeps Primaries as Option—-Former Vice President Atiku Abubakar says the African Democratic Congress (ADC) will prioritise a consensus approach in selecting its presidential candidate for the 2027 general elections, but may conduct primaries if internal talks fail.

Speaking on a prime-time programme on Arise TV, Atiku explained that party leaders are working to avoid internal disputes by rallying around a single candidate through dialogue and agreement.

He expressed confidence that stakeholders would reach a common ground, noting that experienced politicians within the party understand the importance of unity.

According to him, the ADC is focused on strengthening Nigeria’s democracy, with members committed to managing differences without causing division.

Atiku also reiterated his willingness to support whoever emerges as the party’s flagbearer, regardless of the selection method.

He further stated that he is open to stepping aside for any aspirant, including Peter Obi, if they emerge as the preferred choice, emphasizing that unity within the party remains the top priority ahead of the 2027 elections.

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Liyel Imoke Urges Unity, Resilience at African Democratic Congress Convention

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African Democratic Congress Convention

Liyel Imoke Urges Unity, Resilience at African Democratic Congress Convention—-Chairman of African Democratic Congress (ADC) Convention Committee, Sen. Liyel Imoke, on Tuesday, called party leaders and members to be united and resilient amid escalating political pressure.

Imoke said this while welcoming party leaders, delegates, coalition partners and Nigerians to the party’s 2026 convention held in Abuja.

While describing the gathering as a “defining moment,” he said that the convention represented not just a meeting but a convergence of purpose to rebuild Nigeria.

Imoke said that the coming together of members was deliberate, driven by urgent national needs and a shared understanding that unity and clarity of vision were essential.

He lamented what he termed the rising insecurity, erosion of rule of law, shrinking democratic space and increasing cost of living, calling for decisive action.

“These realities are difficult but also clarifying, compelling us to define precisely the kind of country we want to build for present and future generations,” he said.

Imoke noted that preparations for the convention were marked by significant challenges, including legal battles and attempts to deny the party access to venues.

“Even as recently as last night, there were efforts to pressure the venue owners to cancel our reservation but despite everything, we are here,” he stated.

Imoke said that the resilience demonstrated by party leaders and members in overcoming obstacles reflected a deep commitment to the party’s ideals and national transformation.

He commended members for working tirelessly, often under difficult conditions, improvising when necessary and ensuring that all arrangements for the convention were successfully executed.

The former Cross River governor said the spirit of sacrifice was evident as some leaders contributed personal resources, describing the gesture as unprecedented in Nigeria’s political landscape.

“This spirit is instructive and speaks to what we are becoming as a party committed to genuine change and national renewal,” he added.

He said that each challenge faced had strengthened unity within the party, reinforcing the belief that ADC represented a credible pathway to Nigeria’s future.

Imoke, therefore, urged delegates to engage thoughtfully, make wise decisions and act in ways that would reflect the trust and expectations of Nigerians.

He reaffirmed the party’s commitment to collective action, team work and purposeful leadership, aimed at ensuring that Nigeria worked again for all.

Imoke expressed optimism that the convention would further strengthen the party’s resolve to deliver meaningful change and sustainable national development.

The News Agency of Nigeria (NAN) reports that those present at the convention included: the Chinese, British and Norwegian envoys, ADC leaders and former Vice-President Atiku Abubakar.

Others were: the 2023 Labour Party presidential candidate, Mr Peter Obi, former Governors Aminu Tambuwal, Rotimi Amaechi, Rauf Aregbesola, Rabiu Kwankwaso and Sen. Dino Melaye.

Also former National Chairman of ADC, Raph Nwosu, former Deputy Speaker of House of Representatives, Emeka Ihedioha, Chief John Odigie-Oyegun, Mr Abubakar Malami and Sen. Ireti Kingibe were in attendance.

The national convention equally featured a former governor of Ebonyi, Dr Sam Egwu, Mohammed Hayatu-Deen and a former Secretary to the Government of the Federation (SGF), Babachir Lawal, among others.

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