Details: Nduka Obaigbena Doused In Talks Of Acquiring Private Jet

Redefinition of media business Nduka Obaigbena is decorated in fresh talks.

The publisher who gave the nation the darling of many, Thisday in 1995 and added must-see, Thisday Awards in 2000 is said to have moved up multiple notches – “at a go” -in the rungs of material acquisitions.

The power behind Arise T.V, the broadcast station that went from challenger brand to font runner in record time has acquired a private jet according to emerging talks.

Obaigbena, the graduate of the University of Ibadan and Graduate School of Business at the University of the Witwatersand, Johannesburg who was born in Ibadan (as at then a part of the Western Region) on July 14, 1959 reportedly bought the Private Jet a couple of days back societynow.ng gathered.

The media mogul who tried his hand in elective position with a shot at the Senate in 1991 and “his people” are naturally not making a noise about the “big money buy” because the “heavy hitter” has been synonymous with traveling on Private Jets for as long “as can be remembered”.

“Many have been so used to seeing him take private jets which he hired or friend made available for his use that acquiring one seems natural and should have been done’”societynow.ng learned.

The Duke of Owa Kingdom – Delta State – who was elected a member of the constitutional conference in 1994 is widely regarded as the most influential player in Nigeria’s media industry and deeply embedded into the political and corporate worlds.

The checks by societynow.ng revealed that a Private Jet cost between $2m to $100m depending on factors that include degree of luxury and flight distance and number of passengers.

The cheapest Private Jet is identified as the very light Cirrus Vision Jet and pegged at $2million.

Described as the world’s first single-engine private jet, it can ferry up to five adults and two children at a cruise speed of 345mph and the maximum altitude of 28,000 feet with a range of 1,150 miles.