The Federal Government has rescinded its decision to ground 60 private jets owned by various individuals in Nigeria over unpaid import duty running into several billions of naira.
The PUNCH reported on Monday that the government through a directive from the Nigeria Customs Service to the Nigeria Airspace Management Authority was expected to have grounded the defaulting jets.
There are reports that duties are not being paid on the majority of private jets currently in the country with the NCS seeking to recover unpaid import duties running into several billions of naira.
The development reportedly led the NCS to carry out a one-month verification exercise on all private jet owners in the country between June and July.
The latest decision to ground the private jets is coming almost three months after the NCS verification exercise.
But in an exclusive chat with the acting Managing Director of NAMA, Umar Farouk, he said the jets are yet…