A Closer Look to 15 Nigerians Who Own Private Jets

Luxury cars in not the only vehicles wealthy Nigerians aspire to own. For many of them, owning their private jet is the new height of luxury. While not every wealthy person in Nigeria has a private jet (yet), there’s still a huge number of those who own various private jets in Nigeria.

Here’s a look at the top 15 Nigerians (consisting of businessmen, politicians, and entertainment celebrities) who own private jets in the country.

1. Allen Ifechukwu Onyema 

Allen Onyema is the founder of one of the most popular airlines in Nigeria–- Air Peace. As such, the billionaire owns a series of jets that are used for business purposes. These jets include four Airbus A320-200, 13 Boeing 737, and eight Embraer ERJ-145 among other 34 planes under his control.

While the billionaire uses his jets for commercial purposes, he still gets the privilege of travelling with any one of them he pleases for personal and business purposes. Currently, Allen Onyema is the Nigerian billionaire with the highest number of jets to his name.

2. Aliko Dangote

Aliko Dangote, the man who has maintained the coveted #1 list of the richest men in Africa for several years (until recently) is also the owner of a private jet. While Dangote is not known for recklessly splurging on luxury vehicles, he chooses his purchases carefully based on their ROI. 

As such, the billionaire who’s always out on business travels owns a private jet named Bombardier’s Global Express XRS made in Montreal Canada is reported to cost $45 million (N45 Billion). He purchased the private jet that accommodates 19 passengers and covers a range of 14300km, (runs for 18hrs with no stop) to celebrate his 53rd birthday.

3. Arthur Eze

The popular Anambra state billionaire, Arthur Eze is another proud owner of a private jet in Nigeria. He owns a Bombardier Challenger that aids him with his National and International travels. His private jet is reportedly the first to land on the rehabilitated Akanu Ibiam International Airport runway on the 30th of August 2020.

4. Folorunsho Alakija

Folorunsho Alakija, the richest woman in Nigeria and the founder of Fanfa Oil Limited is another proud owner of a private jet. She owns the Bombardier Global Express XRS estimated to be worth $46 million—N46 million. The large cabin jet with a 6,000 mi / 11,100 km is designed and manufactured by Bombardier Aviation.

The jet is designed in a modern and unique style, and it has an extraordinarily long and ultra-long-range capability that can comfortably accommodate 12 passengers.

5. Cletus Madubugwu Ibeto

The CEO of Ibeto Group, Cletus Madubugwu Ibeto also owns a private jet, adding to his overflowing list of luxury vehicles. For the business tycoon, the jet is to aid his National and International business travels. While the Anambra-born billionaire makes no buzz around his wealth, he’s still one of the richest men in Nigeria and Igbo land.

6. Adedeji Adeleke

Adedeji Adeleke, the father of the popular Nigerian singer, Davido, the founder of Adeleke University, Ede, Osun State, the founder of Pacific Bank, and the Chairman of Pacific Holdings Limited. He is another billionaire who owns a private jet in the country. Years back, the billionaire acquired a Bombardier Global Express 6000 worth $62 million—N62 billion.

7. Mike Adenuga

Mike Adenuga is the CEO of one of the largest telecommunication companies in Nigeria (GLO) and is one of the richest men in Nigeria. To aid his business travels across the globe, the billionaire owns three private jets. 

Adenuga’s private jet includes the Bombardier Challenger 604 Aircraft which cost $40.2 million, a Bombardier Global Express XRS which cost him $47.5 million, and a Falcon 7X which is the same as that of the presidential air flight cost $50 million.

8. Dr. Bryant Orjiako

Dr. Bryant Orijako is the former Chairman of SEPLAT Oil and another wealthy Nigerian who owns a private jet. Although he lives a noiseless lifestyle, the medical doctor and oil and gas tycoon has a personal jet he uses for his various business and personal travels across the globe.

9. Ernest Azudialu Obiejesi

Ernest Azudialu Obiejesi is the chairman of Nestoil, and he is the proud owner of the private jet named Gulfstream GIV (N990EA). The billionaire who hails from Okija, Anambra State. Obiejesi is the founder of Obijackson West Africa Limited, and his business interest includes Engineering and Construction, Oil and gas.

10. Patrick Ifeanyi Ubah

Patrick Ifeanyi Ubah is a Nigerian Anambra-born politician and the Chairman of Capital Oil. The billionaire who is one of the richest men in Nigeria is the owner of the Embraer Legacy 600 private jet. He is also the owner of a national football call called Ifeanyi Ubah FC.

11. Jimoh Ibrahim

Jimoh Ibrahim is the Chairman and founder of Global Fleet Group. He is also the director at the prestigious Nicon group which has several subsidiaries. They include Nicon Academy, Nicon Airways, Nicon Energy, Nicon Hotels, Nicon Insurance, Nicon Investment, Nicon PFA, Nicon Properties, Nicon Trustee, Nicon United Kingdom, and Nicon Sao Tome. To aid his numerous business trips, Jimoh Ibrahim owns a Bombardier Challenger 605 worth millions.

12. Femi Otedola

The Nigerian billionaire, philanthropist, and the owner of several businesses across oil and gas, hotels, real estate, and investments also owns a series of private jets. Interestingly, Femi Otedola does not only own one but seven private jets that he uses for various business and personal purposes. Aside from his private jets, he also owns a private yacht worth millions of dollars.

13. Don Jazzy

Aside from Nigerian businessmen and politicians, there are many wealthy celebrities in the entertainment scene that own a handful of private jets and Don Jazzy is the #1 on the list. The top-rated music producer and the owner of Marvin Records is the proud owner of the Bombardier Challenger 605 believed to have cost him $27 million–N27 billion.

14. Davido

Also on the list of wealthy Nigerian entertainers who own a private jet is the popular singer, Davido. He is noted to have purchased the Bombardier Global Express 6000 which can fly up to 13 hours nonstop for $62 million in 2018.

The private jet can reach a 560mph high-speed cruise among other amazing features. Here’s an article on the interesting facts about Davido’s private jet.

15. Wizkid

Another wealthy Nigerian musician who owns a private jet of his own is the talented singer, Wizkid. He has been seen travelling most of his journey via a private jet to ease his travelling which led to speculations that the young entertainer has purchased for himself a private jet valued at a whopping $40 million.

Conclusion

While there are many Nigerian private jet owners, here are the top 15 on the list from one to over 34 private jets in the country. Owning a private jet is the dream of many wealthy Nigerians, and the above-listed billionaire has achieved the dream!