Banks spend $50m yearly to maintain private jets, says Otedola

•Four operators spend over $500m to purchase aircraft Chairman of FBN Holdings Plc, Femi Otedola, has revealed that Nigerian banks spend an estimated $50 million yearly to maintain private jets. He said that over $500 million has so far been spent on purchasing nine private jets by four banks. Otedola, who made the revelations in [...]The post Banks spend $50m yearly to maintain private jets, says Otedola appeared first on The Guardian Nigeria News - Nigeria and World News.

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