Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,205,785 members, 7,993,746 topics. Date: Monday, 04 November 2024 at 05:43 PM

17 FG Airports Not Viable, May Shut Down Over Losses - Travel (2) - Nairaland

Nairaland Forum / Nairaland / General / Travel / 17 FG Airports Not Viable, May Shut Down Over Losses (27226 Views)

How Rich Men In Orifite In Anambra Are Making Their Town Economic Viable (Photo) / Nigeria’s Major Airports Not Designed For International Operations - Hadi Sirika / Great Airports Of Africa - Pics (2) (3) (4)

(1) (2) (3) (4) (5) (Reply) (Go Down)

Re: 17 FG Airports Not Viable, May Shut Down Over Losses by anwarajnr: 8:24am On May 11, 2020
Story for the gods.
Re: 17 FG Airports Not Viable, May Shut Down Over Losses by Visman(m): 8:24am On May 11, 2020
K
Re: 17 FG Airports Not Viable, May Shut Down Over Losses by brexit: 8:25am On May 11, 2020
SeverusSnape:

Every sector under this administration is going down the drain.
They are telling us the truth, there was a time in this country when papers were covered and figures inflated to give a good impression of the government in power, but for the economists we knew what they were doing, giving false GDP growth rate without commensurate provision of goods and services, suddenly the economy entered into recession, evidence of false figures

5 Likes

Re: 17 FG Airports Not Viable, May Shut Down Over Losses by mmsen: 8:25am On May 11, 2020
Everything in this country is done for the sake of political appeasement. That's why there's an airport in Katsina.

Build decent roads and a comprehensive rail network and you won't need airports every 100 km.

5 Likes 1 Share

Re: 17 FG Airports Not Viable, May Shut Down Over Losses by olanreyman(m): 8:29am On May 11, 2020
Temptee101:
shocked

Not only airports.

The whole zoo is not viable, it should be shutdown and broken into different fragments and auctioned on eBay for buyers.

Lol
Re: 17 FG Airports Not Viable, May Shut Down Over Losses by bigfish3k: 8:29am On May 11, 2020
coins501:
Buhari's government is one of the biggest scams of the 21st century. How this dull man managed to fool very enlightened Nigerians to vote him in 2015 is still a mystery.
He didn't deceive anybody
South west press packaged him

3 Likes 3 Shares

Re: 17 FG Airports Not Viable, May Shut Down Over Losses by Classworked(m): 8:30am On May 11, 2020
Nigeria's problem can only be tackled ideologically. The power of a liberal society with a free market cannot be over estimated in Nigeria's struggle for a strong and fair economy.
No one economist can categorically state whether Nigeria is a capitalist society or a socialist nation. Nigeria's welfarism claims are not without major flaws as the basics of electricity and free quality education are lacking.

No government should fund an airport in the 21st century. Investors should control and operate airports while the Federal Government ,whose power to control aviation which is expressly stated in the exclusive list of the grund norm of this nation, tax and regulate the airport owners.

I have read Nigerians who are shareholders in airports at the United Kingdom.

3 Likes

Re: 17 FG Airports Not Viable, May Shut Down Over Losses by Nobody: 8:30am On May 11, 2020
Islie:
• Facilities incur N26.1b deficit in three years

• How to overcome challenge, by stakeholders



https://m.guardian.ng/news/17-fg-airports-not-viable-may-shut-down-over-losses/

APC covik party

4 Likes

Re: 17 FG Airports Not Viable, May Shut Down Over Losses by oludavis123: 8:31am On May 11, 2020
Na wa o, a lot of people will lose their jobs in the process
Re: 17 FG Airports Not Viable, May Shut Down Over Losses by martowskin1(m): 8:31am On May 11, 2020
brexit:
They are telling us the truth, there was a time in this country when papers were covered and figures inflated to give a good impression of the government in power, but for the economists we knew what they were doing, giving false GDP growth rate without commensurate provision of goods and services, suddenly the economy entered into recession, evidence of false figures

Said by who? How can u prove the figures were inflated bro.

This is another story to give excuse to this failed administration... Let's call it what it is.... This men failed us.

No excuse ... Everything under them is crashing

1 Like

Re: 17 FG Airports Not Viable, May Shut Down Over Losses by Gkemz: 8:31am On May 11, 2020
There's gross misconduct and mismanagement of unrecorded funds generated by the airports by it's top management.
Re: 17 FG Airports Not Viable, May Shut Down Over Losses by Romanoff(f): 8:32am On May 11, 2020
The cost of flying to Ilorin on return ticket is approximately 100k. How many people can afford that?

Go to Royal Riders transport company and see how many people travel by road to Ilorin on a daily basis. You'll see that it is not for lack of passengers that the airport is not raking revenue but for affordability. Bring down the cost of the air fares and you'll get a lot of traffic.

6 Likes 1 Share

Re: 17 FG Airports Not Viable, May Shut Down Over Losses by Nobody: 8:32am On May 11, 2020
SeverusSnape:

Every sector under this administration is going down the drain.


ZOMBIES WILL NEVER SEE THAT

2 Likes

Re: 17 FG Airports Not Viable, May Shut Down Over Losses by Nobody: 8:33am On May 11, 2020
Enugu Airport not viable?? what kinda con3, is this. then why waste resources in reparing some facilities there
Re: 17 FG Airports Not Viable, May Shut Down Over Losses by ObafemiAwoIowo: 8:33am On May 11, 2020
SeverusSnape:

Every sector under this administration is going down the drain.
Buhari is the worst illiterate terrorist ever

thunder scatter buhari Insha'Allah amin
thunder scatter buhari Insha'Allah amin
thunder scatter Aisha masha Allah Amin

4 Likes 2 Shares

Re: 17 FG Airports Not Viable, May Shut Down Over Losses by Racoon(m): 8:33am On May 11, 2020
Yet some state governments are building airports.
Re: 17 FG Airports Not Viable, May Shut Down Over Losses by Angelfrost(m): 8:34am On May 11, 2020
SeverusSnape:

Every sector under this administration is going down the drain.

Every single one of them... This is really alarming!!!

For the umpteenth time, I ask: What exactly is working under this administration??!

2 Likes

Re: 17 FG Airports Not Viable, May Shut Down Over Losses by martowskin1(m): 8:34am On May 11, 2020
coins501:
Buhari's government is one of the biggest scams of the 21st century. How this dull man managed to fool very enlightened Nigerians to vote him in 2015 is still a mystery.

He didn't fool anyone ... Some people who said he was better off, packaged him.

Till this day, they are still telling u he is good
Re: 17 FG Airports Not Viable, May Shut Down Over Losses by Ghengiskhan(m): 8:38am On May 11, 2020
All this is due to the massive corruption in FAAN and the fact that FAAN employ too many staffs doing nothing, FG should privatize FAAN, only Aviation security and fire should be under FG. Aviation security staff should be reduced too many people doing nothing

2 Likes 1 Share

Re: 17 FG Airports Not Viable, May Shut Down Over Losses by tonididdy(m): 8:38am On May 11, 2020
3 major international airport isn't enough besides I personally recognise only 2 (Abuja and Lagos, PH is a last resort for any traveller and most routes are missing or still link up with Lagos or abuja for final departures).

Besides how did the guardian get these figures. Is EDo airport a federal property? Didn't know that.
Re: 17 FG Airports Not Viable, May Shut Down Over Losses by SpaceAngel: 8:40am On May 11, 2020
If not for politics, what is needed in a lot of these areas is just airfield. This will take care of small aircrafts that will be economically viable. Don't know why an airport is needed in places where atimes no flight comes in a day. undecided

6 Likes

Re: 17 FG Airports Not Viable, May Shut Down Over Losses by Nobody: 8:40am On May 11, 2020
Olunmercy56:
cry cry Very bad but it's better to close all the borders too, who knows why the increase of covid everyday




U don't have sense
Re: 17 FG Airports Not Viable, May Shut Down Over Losses by Niccoloimhotep(m): 8:40am On May 11, 2020
Hoephase:
Enugu airport has entered voicemail be that oooh.

God "airpus ooh"
impossible did you not read in the report where it says in quote:

The airport in the south that has become the ghost of its old self is that in Calabar. It records only one flight a day since Donald Duke left as governor of Cross River State. The Uyo Airport has taken over. Owerri is bubbling. Enugu will pick up because, at a time, it was behind Lagos and Abuja, even ahead of Port Harcourt International Airport.

From the quote above and @bolded, it can be easily deduced that after lagos and abuja, enugu comes third or fourth on the worst case scenario. Then owerri too was quoted to be bubbling. SE fared well in my opinion, infact it came second after the SW lagos airport if you put together the output effect of Owerri and Enugu combined.

4 Likes

Re: 17 FG Airports Not Viable, May Shut Down Over Losses by tonididdy(m): 8:41am On May 11, 2020
Romanoff:
The cost of flying to Ilorin on return ticket is approximately 100k. How many people can afford that?

Go to Royal Riders transport company and see how many people travel by road to Ilorin on a daily basis. You'll see that it is not for lack of passengers that the airport is raking revenue but for affordability. Bring down the cost of the air fares and you'll get a lot of traffic.
I wouldn't blame them because this isn't a busy route.
I once flew from abuja to Benin with only about 6 passengers on board. I was scared sheet, it was so unlike Benin trips.
Imagine if 6 passengers per flight was the average carriage to Ilorin from popular destinations. That's a total loss to any company, hence the reason for the cost.
A Benin -abuja, or Lagos - Benin trip costs 19K or less depends on timing.

2 Likes

Re: 17 FG Airports Not Viable, May Shut Down Over Losses by Openbusiness: 8:43am On May 11, 2020
The Kastina Airport managed to make a total of N250.8 million in generated revenue in three years, out of which only N42.1 million was collected. Its cost of operations was put at N1.58 billion, leaving a deficit balance of N1.54 billion.

In the South, Ibadan airport in three years made a total of N349.2 million in generated revenue and collected N244.9 million.

Can you see it, can you see it? Even for revenue collection, Zoohari is soooo tribalistic. Katsina made 250.8m, Zoohari collected 42.1m, but when Ibadan made 349.2m, Zoohari collected 244.9m.... Tuehhh!!!

1 Like 1 Share

Re: 17 FG Airports Not Viable, May Shut Down Over Losses by Romanoff(f): 8:43am On May 11, 2020
tonididdy:

I wouldn't blame them because this isn't a busy route.
I once flew from abuja to Benin with only about 6 passengers on board. I was scared sheet, it was so unlike Benin trips.
Imagine if 6 passengers per flight was the average carriage to Ilorin from popular destinations. That's a total loss to any company, hence the reason for the cost.
A Benin -abuja, or Lagos - Benin trip costs 19K or less depends on timing.

Just check out Ilorin flight fare, fear go catch you. I believe if the fare is as affordable as a Lagos to Abuja flight, it will improve.
Re: 17 FG Airports Not Viable, May Shut Down Over Losses by OgboAto: 8:45am On May 11, 2020
The millionaire Ibos scattered across SE don't use their own airports? grin
Re: 17 FG Airports Not Viable, May Shut Down Over Losses by Karemarealty288(m): 8:46am On May 11, 2020
salbis:
Some of these airports are not economically viable. Imagine some airports service only one or two airplanes in a week. That is total waste in every economic sense. Some where created purely for polical than economic reasons. This COVID-19 is revealing some of the things we pretend not to exist.

I laughed when Ebonyi state Governor started their Airport construction while Enugu International Airport which is a few kilometers away is not economically viable and some people on this platform were making blabbing out of ignorance. Enugu and 90% of Ebonians are civil servants.

3 Likes

Re: 17 FG Airports Not Viable, May Shut Down Over Losses by livebyday(m): 8:50am On May 11, 2020
angry

That's because you used the policies and media to demarket other states how can you market only Lagos and Abuja as commercial and secure states when in reality you can be safer in benue state than Lagos ?

Off course embassies won't open offices in the same Calabar that you use your ethnic media to market as full of savages and poor people or would Russia open an embassy in Taraba when you market there as a haven for Fulani terrorists ?

You use tribalism and biases to kill states and make them unfavorable to foreigners hence their airports and sea ports die

I laugh when I hear some colleagues beat their chest saying everyone wants to come to Lagos and end with eko Oni babe

In my mind I think , give an idoma man or tiv man or ishan man the same opportunities you monopolize in Lagos and see if the population in Lagos won't drop by over 60%

How can you make it more expensive for me to clear goods in calabar port that is next door to me than for me to clear in Lagos ports ?

Does that make sense anywhere in the world ?

Let's stop this ethnical biases and watch all airports and seaports function well

7 Likes 4 Shares

Re: 17 FG Airports Not Viable, May Shut Down Over Losses by mediocre(m): 8:51am On May 11, 2020
Aviation business generally isn't very viable if we're being real

3 Likes

Re: 17 FG Airports Not Viable, May Shut Down Over Losses by greensandy: 8:53am On May 11, 2020
There is no middle class in Nigeria anymore. It's either you are rich or poor, and the rich are less than 1% of the population. So, what are we talking about? The poor want to fly too but cannot afford it.
One of the solutions is to cut price to reflex the actual situation on ground. Then more people will be able to fly and more revenues will be generated.

1 Like

Re: 17 FG Airports Not Viable, May Shut Down Over Losses by Ojukwudfugitive: 8:55am On May 11, 2020
bigfish3k:

He didn't deceive anybody
South west press packaged him
IPOB, don't you have Southeast press to "depa ckage" him? Did you think your Atiku would fare better? Your obsession with Southwest will kill you one day.

(1) (2) (3) (4) (5) (Reply)

Interesting Places To Visit In Lagos This Xmas Season / FAAN Identifies Immigration Officers That Stole From A 14 Year Old Girl / Bus Conveying Passengers Burnt To Ashes At G-hostel Abakaliki (photo)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 47
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.