President Muhammadu Buhari waives #13bn taxes Air Peace was supposed to pay following the acquisition of 13 brand new aircraft from Brazil.

Air Peace said it has saved #13 billion on its 13 new aircraft due to the duty waiver granted by the federal government.

Me: Thank you Mr. President for doing the right thing. Air Peace should be declared Nigeria's National Carrier.

E try. Good move

They will still come back later and say you are owing them back log of taxes on the same planes the day you criticise Buhari ...these people never keep to their words

Nellyvin:

President Muhammadu Buhari waives #13bn taxes Air Peace was supposed to pay following the acquisition of 13 brand new aircraft from Brazil.

Air Peace said it has saved #13 billion on its 13 new aircraft due to the duty waiver granted by the federal government.

Me: Thank you Mr. President for doing the right thing. Air Peace should be declared Nigeria's National Carrier.

Could you please provide the source of this.

Something that they'll come back to ask for, and that time, the company would be worth just 12.9billion

Mumu Op, Meaning it cost about a billion naira to import one aircraft?

ThEGodFaThEr103:
Mumu Op, Meaning it cost about a billion naira to import one aircraft?

Is custom duty levied on the cost of importation or the cost of the goods imported?

SarkinYarki:
They will still come back later and say you are owing them back log of taxes on the same planes the day you criticise Buhari ...there people never keep to their words

borrow brain pls.

No matter what buhari do to children of hate, they will never appreciate him.
God bless buhari
God bless Nigeria

seunmsg:


Is custom duty levied on the cost of importation or the cost of the goods imported?

Oya, let's do the math, how much is one commercial aircraft?
Say, 20% import duty on the aircraft and 5% vat inclusive.

Nellyvin:

President Muhammadu Buhari waives #13bn taxes Air Peace was supposed to pay following the acquisition of 13 brand new aircraft from Brazil.

Air Peace said it has saved #13 billion on its 13 new aircraft due to the duty waiver granted by the federal government.

Me: Thank you Mr. President for doing the right thing. Air Peace should be declared Nigeria's National Carrier.

Very funny!!
By your lai mohamed mouth, each plane duty cost 1billion Naira.
I dube thee Lai Mohamed junior

ThEGodFaThEr103:

Oya, let's do the math, how much is one commercial aircraft?
Say, 20% import duty on the aircraft and 5% vat inclusive.

You did not answer my question.

seunmsg:


You did not answer my question.

You don't even understand what you're saying. I asked you a question based on your comment, how much is an aircraft that it's import duty will amount to 1 billion naira.

Itulah:


Very funny!!
By your lai mohamed mouth, each plane duty cost 1billion Naira.
I dube thee Lai Mohamed junior

Maybe Allen Onyema is now Lai Mohammed.

The Chairman of Air Peace, Mr Allen Onyema, hailed the President Muhammadu Buhari-led administration for granting airline operators waiver on importation of aircraft, as well as removing Value Added Tax (VAT) from air tickets.

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He said with the decision the airline had saved N985m each from the 13 brand new aircraft, E195-E2, it ordered from Embraer, revealing that three of the aircraft had arrived while the remaining 10 were being expected.

Speaking with Daily Trust shortly after Air Peace sealed a N1.2bn deal with the Nigerian Football Federation (NFF), Mr Onyema said the waiver which was granted to indigenous airlines had greatly helped the carrier.

“The brand new planes Air Peace imported, each one of them, if we are to pay duty, it would be about 985m per aircraft. Now I am bringing 13 aircraft. So multiply N985m by 13. Let’s say almost a billion that the federal government and President Buhari have saved Air Peace. That’s about N13bn that I would have paid as duty.”

The airline had projected to provide over 8,000 jobs with the 13 aircraft on order. It also has purchase right for 17 of the same aircraft

https://dailytrust.com/waiver-air-peace-saves-n13bn-on-13-new-aircraft

ThEGodFaThEr103:

You don't even understand what you're saying. I asked you a question based on your comment, how much is an aircraft that it's import duty will amount to 1 billion naira.

Answer my question before asking yours. Below is your post that I reacted to. Is custom duty charged on cost of importation or cost of the item imported?

ThEGodFaThEr103:
Mumu Op, Meaning it cost about a billion naira to import one aircraft?

SarkinYarki:
They will still come back later and say you are owing them back log of taxes on the same planes the day you criticise Buhari ...these people never keep to their words

Ipob must find a reason to wail, President Buhari hates igbos, he wants to destroy all Ndi igbo businesses? Useless Failures like yourself.

Buckeyemedia1:
Ipob must find a reason to wail, President Buhari hates igbos, he wants to destroy all Ndi igbo businesses? Useless Failures like yourself.

Buhari is the proper failure

SarkinYarki:


Buhari is the proper failure

Almijiri, just like you a Southern sophisticated Wailer, that doesn’t know how to improve his life, but to wait for one Alhaji from Daura?

Buckeyemedia1:
Almijiri, just like you a Southern sophisticated Wailer, that doesn’t know how to improve his life, but to wait for one Alhaji from Daura?

Me and your who needs to improve his life? You are a 38 year old failed media practitioner who now has to do shill job for Buhari to survive

a caveat should be put to it to pay their staff very well and always use local supplier and supplies

He must do same for other businesses.

seunmsg:


Maybe Allen Onyema is now Lai Mohammed.

It is only a matter of time before they will stripe Onyema of his ethnicity.

When you see an Igbo man contributing positively to Nigeria, just know he's from delta not alaigbo. Apart from Anambra, others are...

These people are hypocrites, it is dangote now, they will come out like fingerlings to wail like dogs barking at the moon

vedaxcool:


It is only a matter of time before they will stripe Onyema of his ethnicity.

The problem with some of these our friends is that they don’t know when to stop wailing. They wail so much that they end up wailing over policies that benefit them. Their comments are just hilarious.

seunmsg:


Maybe Allen Onyema is now Lai Mohammed.

Tax waiver is good as long as they will not come and lament why they can not fund their projects, except borrowing.

Nellyvin:

President Muhammadu Buhari waives #13bn taxes Air Peace was supposed to pay following the acquisition of 13 brand new aircraft from Brazil.

Air Peace said it has saved #13 billion on its 13 new aircraft due to the duty waiver granted by the federal government.

Me: Thank you Mr. President for doing the right thing. Air Peace should be declared Nigeria's National Carrier.

Tax waiver is good as long as they will not come and lament why they can not fund their projects, except borrowing. Double standard government, if I want to use my small Corolla, I import it is heavily taxed with all manner of import duties and yet some hungry custom at Ogere will tell me, I did not pay full duties. No more noise.

seunmsg:


The problem with some of these our friends is that they don’t know when to stop wailing. They wail so much that they end up wailing over policies that benefit them. Their comments are just hilarious.

they are just bitter souls who cry at every sign of goodness.

ThEGodFaThEr103:
Mumu Op, Meaning it cost about a billion naira to import one aircraft?

ipob, the cost for each plane is $60.4 Million = N24,691,200,000.00

Each plane costs N24 Billion so if you are going to spew the usual ipob rubbish, start your calculation from the cost for each plane/N24 Billion.

So, with 13 new planes @ 24.6 Billion X 13.

The total cost for 13 planes = N319 Billion.

Now, explain to us how you arrived at each plane costing N1 Billion and while you are at it, also explain to us how and why N13 Billion tax on N319 is too much.


This is the thing with you Igbos., you don't read, you don't do basic research or even apply google common sense, you just type your usual ignorant rubbish

Great

This topic is still in page 1. Just imagine that the report says buhari refused to give waiver to an Igbo man. The report would have reached 80 pages by now. They are hating the man for no reason, their purpose on Earth is to hate.
God passed the evil souls of ipob terrorists,they will never succeed.
God bless buhari
God bless Nigeria

NGpatriot:



ipob, the cost for each plane is $60.4 Million = N24,691,200,000.00

Each plane costs N24 Billion so if you are going to spew the usual ipob rubbish, start your calculation from the cost for each plane/N24 Billion.

So, with 13 new planes @ 24.6 Billion X 13.

The total cost for 13 planes = N319 Billion.

Now, explain to us how you arrived at each plane costing N1 Billion and while you are at it, also explain to us how and why N13 Billion tax on N319 is too much.


This is the thing with you Igbos., you don't read, you don't do basic research or even apply google common sense, you just type your usual ignorant rubbish

Zombie, when did government approve of the zero import duty policy?
Are you saying the policy has been in place before the acquisition of the 13 aircrafts?
This is why 95% of Nairalanders know you as a zombie.