Blue3k:


No Nigeria doesn't and who cares about having national carrier. Most people in this nation only want one for vain pride instead of practicality. The thing nigeria should focus on is the regulatory business environment to make sure private airlines can thrive. Countries like USA never had one. UK and Australia privatized theirs.

wetin you dey talk sef? The issue here is what we have been talking about. What can nigeria manage? We can't manage our economy, quality education is non existent, we can't manage our hospitals, etc. We couldn't manage our nigeria airways, now its arik. What will the ethiopians do differently that we can't? Heck we couldn't even manage the only stadium in our nation's capital. What exactly can we manage?

izombie:
wetin you dey talk sef? The issue here is what we have been talking about. What can nigeria manage?

Einl:

There are no Nigerians in Nigeria or abroad that can manage Arik Air? Don't support evil.

What are you crying about. Do people like you live to wail over non issuess. Dangote and other billionaires are Nigerians managing their own stuff. Next this is simply just one big. There are othere domestic airlines proving nigeria does manage their own stuff.

Blue3k:

The thing nigeria should focus on is the regulatory business environment to make sure private airlines can thrive. Countries like USA never had domestic carrier. UK and Australia privatized theirs.

Blue3k:
Lalasticlala I put this story up first moronic

shey e con dey pain you ni

abeg leave lala alone o

heendrix:


shey e con dey pain you ni

abeg leave lala alone o

That part wasn't supposed to be there. I was testing to see if they would test censor that word. I just used this this thread since I thought it was dead. No beef with lala.

doctokwus:

I tell you.
Ethiopia with all it's crisis and turmoil still very efficient in a very challenging airline environment.
This also puts lie to the now annoying cliche now becoming a chorus by African leaders that goverment is not good in running biz and should hands off.
I still maintain that what a properly run goverment enterprise can bring,100 private cannot.The problem Nigeria and other poorly run African govt led enterprises have is that they cannot separate cronyism,bigotry and family from biz leading to extreme corruption with employment of unqualified or poorly qualified individuals to run the enterprises.

I'm sorry but Ethiopian Airlines isn't a government enterprise. It has been a private enterprise for decades. Just like British Airways is a private enterprise.

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Cashrange660:
So there is nothing in this country that can be effectively managed by the government? Oh.. I forgot they can effectively manage their habit of stealing public funds.. #Rubbish

They cant manage that sef. Else they would steak with conscience.

lorhema:


I'm sorry but Ethiopian Airlines isn't a government enterprise. It has been a private enterprise for decades. Just like British Airways is a private enterprise.

http://en.m.Wikipedia.org/wiki/Ethiopian_Airlines
Wholly owned just incase you are too embarrassed to open the link.
I guess you need to do a little more reading before posting next time.

janellemonae:

You again?

Ethiopia is not a lesser country dn nigeria. It has a wealthier history, culture, identity and a better present dn whatever u think nigeria has.

U keep talking about Nigerian person to run it. Obviously u need a credible airline company with "experience" to run it. Are u an illiterate? Do u think just anyone can run an airline? It is obviously inexperience dts running down d private ones we have.

Anyway this partnership will soon die. The nigerian govt will still find a way to sabotage whatever agreements they have. Just like yaraduas men did to virgin and richard branson had to pull out of virgin nigeria.

So there are no Nigerians who can run it?

Amen....true naija

Cupidkc:


You're correct when you say that we don't have a national carrier, but just know this, that our national carrier will soon be back on stream.

Cashrange660:
So there is nothing in this country that can be effectively managed by the government? Oh.. I forgot they can effectively manage their habit of stealing public funds.. #Rubbish

Govt has no right running private enterprise. It hardly ever works anywhere round the world and that's why things hardly ever work in this country because people believe that it's the govt job to run everything. Look at our refineries and our hospitals.

MizTyna:
Shame! Very soon states in Nigeria will be on sale.

Buy Ekiti get Osun free

And that would be awesome as this states should not even exist in the first place.

Einl:


There are no Nigerians in Nigeria or abroad that can manage Arik Air?

Don't support evil.

A third world country wants to manage one of the biggest companies in Nigeria and the Nigerian government is actively encouraging it....shame!!!!

That's not how business Works? From my own undestanding, Ethiopian airlines wants to buy Arik Air so they tabled a bid. What's wrong with That? That's capitalism people.

Einl:
If anybody supports us letting an Ethiopian company come and manage or buy or whatever English our useless government is using..
you are complicit in this evil. Because honestly that's what it is. Evil.

This country ain't even got a national carrier and one of the poorest African countries wants to run one of our biggest indigenous companies.


And the useless government invited them.
They couldn't see any corrupt free person home or abroad to run it??

Shame!

First of all, the govt has no place getting involved in free enterprise in the first place.

Number 2, that's not how the free market Works. This is a transaction between.ethiopian airlines and Arik. Two different companies. So abeg keep your nationalistic sentiments to yourself.

bodejohn:
Maybe I'm missing something here.
Arik Air was never a government property or corporation until the take over by the government to prevent it from going under. It was started managed and mis-managed by Nigerians.

While Nigeria as a country is not doing well, but why blame the country or say the country is cursed because a few punks mis-managed Arik?

Well that's the problem inn the first place? The govt has no business nationalizing Arik air; a private business in the first place. That's a third world socialist move and it hardly works.

doctokwus:

I tell you.
Ethiopia with all it's crisis and turmoil still very efficient in a very challenging airline environment.
This also puts lie to the now annoying cliche now becoming a chorus by African leaders that goverment is not good in running biz and should hands off.
I still maintain that what a properly run goverment enterprise can bring,100 private cannot.The problem Nigeria and other poorly run African govt led enterprises have is that they cannot separate cronyism,bigotry and family from biz leading to extreme corruption with employment of unqualified or poorly qualified individuals to run the enterprises.

It's a cliche as it is the truth. Have you ever being in a developed country around the world where the govt is heavily involved in almost every aspect of things like naija? It is no wonder things hardly work in this country from refineries to hospital. Govt has no business getting involved in private enterprise. Too bad that we are just learning this.

izombie:
wetin you dey talk sef? The issue here is what we have been talking about. What can nigeria manage? We can't manage our economy, quality education is non existent, we can't manage our hospitals, etc. We couldn't manage our nigeria airways, now its arik. What will the ethiopians do differently that we can't? Heck we couldn't even manage the only stadium in our nation's capital. What exactly can we manage?

It's not the job of the Nigerian fovr to manage stadiums, hospitals or airlines. That's why things are so bad in this country and other third world countries.

davidif:


It's a cliche as it is the truth. Have you ever being in a developed country around the world where the govt is heavily involved in almost every aspect of things like naija? It is no wonder things hardly work in this country from refineries to hospital. Govt has no business getting involved in private enterprise. Too bad that we are just learning this.

China is what,private or govt run commercial and industrial giant?
Qatar,Saudi Arabia and all successful Arab countries enterprises are owned and run by who?
Rwanda is being touted as a model African country,a goverment run emerging market practically being managed by one man's vision and determination of purpose,Paul Kigame.
The point is that enterprises run by goverment don't necessarily fail because they are goverment run per se,they do in Nigeria because of corruption and nepotism and no leader strong enough to enforce necessarily rules and sanctions.
The Arik Air that failed was a pure private sector enterprise.It had been failing for long but was being propped up by propaganda and goverment connections of the owner.Almost all private sector run airlines in Nigeria are in distress.

davidif:


Well that's the problem inn the first place? The govt has no business nationalizing Arik air; a private business in the first place. That's a third world move and it hardly works.

I do not understand the economics behind it also, but it is better to keep the company afloat than allowing it to go under.

I don't usually like to site examples from foreign countries on matters like this, but you will remember that the United States gave billions of dollars to banks during the last US recession to keep them afloat.

bodejohn:


I do not understand the economics behind it also, but it is better to keep the company afloat than allowing it to go under.


I don't usually like to site examples from foreign countries on matters like this, but you will remember that the United States gave billions of dollars to banks during the last US recession to keep them afloat.

Wrong! In a free market system it's not the job of the govt to pick winners and losers, that's the job of the market. When govt get involved they distort the market and destroy market discipline because if you bail people out of a problem that they themselves caused, what will be their incentive next time to prevent it from happening uhn?

It's about the principle behind it bro. If you bail this one out, what happens when Arik's competitor gets in trouble after making bad choices and they come to the govt begging for a govt bailout? Where do you draw the line?

There is a reason why the govt bailouts of wall street was so incredibly unpopular back then. A lot of Americans were very angry that the govt intervened in the free market system in the first place: that smacks of what socialist countries like China or Venezuela would do. To even make matters worse, the govt had the audacity to pump money at the same banks that caused the recession in the first place (due to their recklessness) while ordinary people were loosing their jobs and houses. If that's not worthy of outrage then what is?

doctokwus:

China is what,private or govt run commercial and industrial giant?
Qatar,Saudi Arabia and all successful Arab countries enterprises are owned and run by who?
Rwanda is being touted as a model African country,a goverment run emerging market practically being managed by one man's vision and determination of purpose,Paul Kigame.
The point is that enterprises run by goverment don't necessarily fail because they are goverment run per se,they do in Nigeria because of corruption and nepotism and no leader strong enough to enforce necessarily rules and sanctions.
The Arik Air that failed was a pure private sector enterprise.It had been failing for long but was being propped up by propaganda and goverment connections of the owner.Almost all private sector run airlines in Nigeria are in distress.

And that's what's you are failing to understand. State run companies are inherently filled with corruption and nepotism be it in China or in Saudi Arabia. Govts put their friends, relatives, tribesmen and party members in power. This is what we call crony capitalism. not to be mistaken with true capitalism.

When it comes to Arik air, the job of the govt should have been to create a business atmosphere for Arik and other private airlines to survive and flourish, not to be intervening in the market place to prop up Arik and others when it gets into trouble of its own making. Have you ever asked yourself why Virgin airlines; one of the world's brand name airlines had to pull out of Nigeria or why other airlines that have operated in Nigeria folded? Shouldn't that be what the govt should be trying to figure out in the first place instead of picking winners and losers in the airline industry?

As far as i am concerned, the only time govts are to be intervening in the airline industry is to set minimum safety guidelines and to make sure they are being followed not this nonsense they are doing.

heendrix:


shey e con dey pain you ni

abeg leave lala alone o

Where is the post that made it to the front page?

davidif:



Wrong! In a free market system it's not the job of the govt to pick the winners and losers, that's the job of the market. When govt get involved they distort the market and destroy market discipline because if you bail people out of a problem that they themselves caused, what will be their incentive next time to prevent it from happening? Uhn?

It's about the principle behind it bro. If you bail this one out, what happens when Arik's competitor gets in trouble after making bad choices and they come to the govt begging for a govt bailout? Where do you begin to draw the line?

There is a reason why the govt bailouts of wall street was so incredibly unpopular back then. A lot of Americans were very angry that the govt intervened in the free market in the first place: that smacks of what socialist countries like China or Venezuela would do. and to even make matters worse was the govt had the audacity to pump money at the same banks that caused the recession in the first place (due to their recklessness) while ordinary people were loosing their jobs and houses. If that's not worthy of outrage then what is?

You can look at it from the angle of making sure some citizens keep their jobs.
Some advance economies are a mixture of capitalism and socialism.

Don't forget that the US bailout as unpopular as it might had been returned their economy to the path of growth.

bodejohn:


You can look at it from the angle of making sure some citizens keep their jobs.
Some advance economies are a mixture of capitalism and socialism.

Don't forget that the US bailout as unpopular as it might had been returned their economy to the path of growth.

Well that's the reason France is a mess today. All this nonsense socialism that they have inculcated into their system that artificially tries to prop up their employment rate by making it difficult for companies to go under and also make it difficult to fire people has also made some of these companies wary of hiring people and as a result of that France has one of the highest youth unemployment rates in the western world.

davidif:


Well that's the reason France is a mess today. All this nonsense socialism that they have inculcated into their system that artificially tries to prop up their employment rate by making it difficult for companies to go under and also make it difficult to fire people has also made some of these companies wary of hiring people and as a result of that France has one of the highest youth unemployment rates in the western world.

I think policies like this are not usually cast in stone, what works here might not work there. It worked in the US and maybe it might just work for Arik too, it won't be good for the employees to be thrown in the already over saturated labour market.

bodejohn:


I think policies like this are not usually cast in stone, what works here might not work there. It worked in the US and maybe it might just work for Arik too, it won't be good for the employees to be thrown in the already over saturated labour market.

I understand but where do you draw the line is my question? This is a slippery slope down to socialism.

davidif:


First of all, the govt has no place getting involved in free enterprise in the first place.

Number 2, that's not how the free market Works. This is a transaction between.ethiopian airlines and Arik. Two different companies. So abeg keep your nationalistic sentiments to yourself.

Listen to yourself.

Arik Airlines is now under the management of the Federal Republic of Nigeria.

davidif:


Govt has no right running private enterprise. It hardly ever works anywhere round the world and that's why things hardly ever work in this country because people believe that it's the govt job to run everything. Look at our refineries and our hospitals.

Read the post again, i'm sure you missed the part where it says govt took over the managemet because of it's inability to even pay workers.

Einl:


Listen to yourself.

Arik Airlines is now under the management of the Federal Republic of Nigeria.

And there in lies the problem. Govt has no right to seize a company that is underperforming. That's what they do in socialist dictatorships like the old Soviet union or Venezuela.

Cashrange660:


Read the post again, i'm sure you missed the part where it says govt took over the managemet because of it's inability to even pay workers.

That's part of the problem in the first place. The govt has no right to nationalize a company simply because it's in dire straits. If Arik was having trouble paying workers, let them file for bankruptcy protection shikena. Govts have no right to shield companies from the consequences of being poorly run. Their job is to make sure they create an atmosphere for companies like Arik air to prosper. If they had done this in the first place then maybe Arik would not be in its current predicament.

davidif:


That's part of the problem in the first place. The govt has no right to nationalize a company simply because it's in fire straits. If Arik was having trouble paying workers, let them file for bankruptcy protection shikena. Govts have no right to shield companies for being poorly run in the first place. Their job is to make sure they create an atmosphere for companies like April to prosper. If they had done this in the first place then maybe Arik would not be in its current predicament.

True talk..