WoodcrestMayor: With all the education we acquire in dis country,we av a drawback-our delibrate neglect of facts.Even wen d figures are right there in front of us,we turn blind eyes to them.
If u are a well informed,well rounded literate,you don't even need to be told that he can't afford one.Aware of this deficieny,the OP showed some level of magnanimity by analyzing d financial implications of owning a PJ(private jet).Yet,all some pple can talk abt is "hating"...smh.Some still maintain he acquired it-i bow for una o!
Education isn't just about the four walls of a classroom.It's a synergy of a number of factors(school,environment,exposure and willingness to learn).
Nairaland is full of literates(they can read and write) but the nature of comments I read day in day out suggests there are fewer educated peeps.

manny4life:

That's because he owns NetJets... What do you think? The cost associated with owning a jet when you own companies that operate jets is far lesser than an individual owning one. If he needs a pilot, he will get one through NetJets, if he needs to send them on training, thank God for Flight Safety International (the LARGEST FLIGHT TRAINER IN THE WORLD, he owns them as well). If he needs repair and overhaul, he has companies that own MRO facilities, if he flies within the U.S., his companies own shares of Signature Flight Support (one of the largest FBO operators in the U.S.). So tell me why his cost wouldn't be far less than other jet owners?

CoolHunk: Put your supercritical minds to better use. In other words, quit hating. At least he has you guessing. Whereas if OP says he has a private jet, people will just yawn and walk away.

Revolva:

THE BEST COMMENT EVER HERE...GUY U TOO MUCH DONT MIND DOSE BANDWAGON FOLLOW FOLLOW YOUTHS...ANY WHERE BELLE FACE DEM FACE

Otunbab: Foolish talk. Because one person no do something mean say another person no fit? You actually sit down dey calculate and analyse the guy matter? You know how much hin worth before hin even enter music industry? HATER

ygenius: If Davido buy any jet,it is laser jet printer.....u think say jet na beans

2leftlegs:
Your hailing someone who dosent even have a degree yet

CoolHunk:
Does Mr. Bill Gates have a university degree? I don't get your point. And I'm not hailing anyone.

caniva: Haters....Haters....Haters

How many of you can even afford to snap photo in front an aeroplane? Not to talk of sitting by the stairs.

I wonder why you've taken so much of your useful & precious time to analyse for the downfall of another man.

I wish Admin could pay you for this beautiful analysis, but hell no, you lose totally and am not sorry for you.

Meanwhile, I'll advise you write an application to the Ministry of Bureau & Statistics, sure they'll need you there.

Good luck and stay bless.

DickDastardly: See research!

sleek82: @Mida T
u shuld be d one to go back to d same google....probably u r usin d 1980 version of google. U shuldnt b told dat if a private jet costs as low as $500,000, then u shuld b plannin to buy one...every tom,dick and harry wuld av acquired one....maybe u tink its d small jets they use to train pilots at aviation centers u tink they r callin private?
I just got this information frm ur referenced google!


Mumu, the car these people are driving are they the same with the car your father is driving. That one person bought jet for billions of naira doesn't mean all the jets in the world cost the same. MTN gave out a jet worth about 50 million naira ability have you forgotten?

I culled this report from Encomium magazine. Quiterevealing. See it below...More exciting revelations have emerged that the penchant for private jets acquisition has cost wealthy Nigerians over N1 trillion in five years. The luxury trend actually rose by 650% between 2007 and 2012, this has increased the rate of private jet acquisition from 20 in 2007 to over 150 in 2012 which has placed Nigeria and china as the fastest growing private jets markets in the world.Top ten private jets by wealthy Nigerians.Type Price Owner
1. Falcons 7X. $51m(N8.2billion) Mike Adenuga
2. Bombardier Global 6000 $45.5m(N7.3billion) Unknown
3. Bombardier Global Express 5000 $45m(N7.2billion) Aliko Dangote
4. Gulfstream G550 $40m (N6.4billion) Bishop Oyedepo
5. Gulfstream V $30m (N4.8billion) Bishop Oyedepo & Pastor Adeboye
6. Bombardier Challenger 604 $30m(N4.8b) Mike Adenuga
7. Embracer Legacy 650 $30m (N4.8b) Ifeanyi Uba
8. Hawker 900XP $20m(N3.2b) Dr Kashim and Sir Aremu Johnson
9. Gulfstream G450 $15m(N2.4b) Bishop oyedepo
10. LearJet $13.3m (N2.1b) Bishop Oyedepo and Dr Kashimm
and I can bet you dat most of dis acquired private jets r not bought new.....mayb ur $500,000 private jet is actually an artifact of a drawn private jet!

iamnen: The most stupid analysis I have ever seen. Training 400,000 dollars. Training for who or what? The already trained crew? Or the plane? Complete nonsense. There is no fixed price to maintain a car/jet/ or any property for that matter. It may not belong to Davido, but that doesn't mean we should just deceive people with topics and not say anything relevant.

They may be able to charter out the plane when not in use which will recoup some costs back.Training and Maintenance – this will add another $400,000 annually.Fuel Costs – Depends where you fly, but will cost at least $1,500 per hour. 400 hours would be $600,000.Catering – Add $10,000 for food and beverages (again there are no limits)Other Costs – Landing Fees, Airport taxes, Hangar rent, Weather Forecasting.

Johnwizzy: Is he a billionaire?

Where can he get such money?

Maybe a Rented jumbo jet; I can agree to that but to buy 250m$ NO NO

That's equivalent to 4.2billion naira.

Lie!!!
#No hating though

Amya:

It's $25m dollars that is equal to 4.2 billion naira

rattlesnake: emmanuel adebayor has jet
ludacris has jet
c ronaldo has jet
tinubu has jet

davido father is a billionaire

rattlesnake: emmanuel adebayor has jet
ludacris has jet
c ronaldo has jet
tinubu has jet

davido father is a billionaire