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Nairaland Forum / Nairaland / General / Politics / Former AMCON CEO's Tweet About $300m Nigeria Air Is Misleading And Mischievous (27905 Views)
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Re: Former AMCON CEO's Tweet About $300m Nigeria Air Is Misleading And Mischievous by Firefire(m): 11:06am On Jul 22, 2018 |
PassingShot: Why would I argue with those who have lost every sense of objectivity? NEVER! 10 Likes |
Re: Former AMCON CEO's Tweet About $300m Nigeria Air Is Misleading And Mischievous by konoplyanka: 11:10am On Jul 22, 2018 |
Firefire: See who's talking about objectivity. We know your kind here. 9 Likes 2 Shares |
Re: Former AMCON CEO's Tweet About $300m Nigeria Air Is Misleading And Mischievous by Firefire(m): 11:11am On Jul 22, 2018 |
konoplyanka: My friend, face front. 4 Likes |
Re: Former AMCON CEO's Tweet About $300m Nigeria Air Is Misleading And Mischievous by Truth234(m): 11:33am On Jul 22, 2018 |
PassingShot: This is a very good project but the numbers are not adding up. You don't just buy planes, you pre-order from manufacturers, which certainly take more than five months needed to kick-start the whole project by FG. Even PPP documentation will take more than five months to finalize. I mean Qatar and Ethiopia are interested in the project and so are some British investors. This bureaucratic process will take months. Except the government is not serious with the whole project or it is another campaign strategy. The $300 million is not enough to buy five units and provide reasonable liquidity to run the project going by your numbers. 15 Likes |
Re: Former AMCON CEO's Tweet About $300m Nigeria Air Is Misleading And Mischievous by PassingShot(m): 11:40am On Jul 22, 2018 |
Truth234:Of course you know that my saying "bought" doesn't mean buying off the shelf. The ministry is already discussing this seriously with Boeing. By the way, the licence to do the PPP for the national carrier is valid for a year which means even if the December target is missed, it can still be done till around May/June next year. Fingers crossed. 3 Likes |
Re: Former AMCON CEO's Tweet About $300m Nigeria Air Is Misleading And Mischievous by Truth234(m): 11:48am On Jul 22, 2018 |
PassingShot: The earliest date would be around 2020 if they work really hard. Something I doubt since FG influence will be limited going by the poor stake of 5%, this is another dangerous decision. Fg needs more than 5% to effectively influence operation and control cost for the masses because that should be the essence of a national carrier. 4 Likes |
Re: Former AMCON CEO's Tweet About $300m Nigeria Air Is Misleading And Mischievous by Max24: 11:50am On Jul 22, 2018 |
PassingShot:Fantastic ! Same way defunct NEPA and NITEL boosted our economy and provided jobs for thousands of unemployed youths at the expense of the masses for many years. Welcome to the Animal Farm of Chibuike Ameachi and APC ! 8 Likes |
Re: Former AMCON CEO's Tweet About $300m Nigeria Air Is Misleading And Mischievous by PassingShot(m): 11:55am On Jul 22, 2018 |
Truth234:You can't claim to know 5% of the workings of the Project. You can't even claim to know 1% of it. Why not allow those saddled with such responsibilities do their work while we talk when necessary. Btw, the subject of this thread is to correct the misrepresentation of the hate-filled Chike-Obi or whatever he calls himself. 6 Likes |
Re: Former AMCON CEO's Tweet About $300m Nigeria Air Is Misleading And Mischievous by Max24: 12:04pm On Jul 22, 2018 |
PassingShot:What thousands of unemployed youths ? Your mumu never do. 4 Likes 1 Share |
Re: Former AMCON CEO's Tweet About $300m Nigeria Air Is Misleading And Mischievous by PassingShot(m): 12:27pm On Jul 22, 2018 |
[s] Max24:[/s] 3 Likes |
Re: Former AMCON CEO's Tweet About $300m Nigeria Air Is Misleading And Mischievous by sunmike065(m): 12:31pm On Jul 22, 2018 |
Max24: So those working in both NEPA & NITEL are from Congo right? 1 Like |
Re: Former AMCON CEO's Tweet About $300m Nigeria Air Is Misleading And Mischievous by Ovamboland(m): 12:38pm On Jul 22, 2018 |
hungryboy: How many Ethiopians, Kenyans, Rwandan, etc buy air tickets, yet many Nigerians keep something their nationals employed by buying their ticket to different parts of the world. Will it be a terrible idea to shift some of these jobs and businesses to Nigeria just because Buhari is president? 7 Likes |
Re: Former AMCON CEO's Tweet About $300m Nigeria Air Is Misleading And Mischievous by dometome: 12:49pm On Jul 22, 2018 |
9jaArea:Taking the president's side is not the definition of patriotism. 9 Likes |
Re: Former AMCON CEO's Tweet About $300m Nigeria Air Is Misleading And Mischievous by Nobody: 12:53pm On Jul 22, 2018 |
front page |
Re: Former AMCON CEO's Tweet About $300m Nigeria Air Is Misleading And Mischievous by PFRB: 1:46pm On Jul 22, 2018 |
OP . This is what your link said. See below. ""“The initial capital is likely to be in the range of $US 150 to 300 million, invested in tranches over time from start up through the first years of operation,” a government document stated. It said the government will provide initial capital but did not state the sum or give further details.""" It said the initial capital is likely to be 150- 300 million USD. It said the govt will provide the initial capital. I hope you understood it. 9 Likes |
Re: Former AMCON CEO's Tweet About $300m Nigeria Air Is Misleading And Mischievous by PFRB: 1:51pm On Jul 22, 2018 |
OP From another of your link. ""This is just as the airline will receive the first set of 5 airplanes on 19 December 2018. Read more at: https://www.vanguardngr.com/2018/07/nigeria-air-to-gulp-8-8m-preliminary-cost-300m-as-take-off-cost/""" 5 planes by 19 dec 2018. How much is that? You guys should go back to school and learn. 14 Likes |
Re: Former AMCON CEO's Tweet About $300m Nigeria Air Is Misleading And Mischievous by Iamgrey5(m): 2:05pm On Jul 22, 2018 |
greenmonk:Most airlines in Nigeria do borrow their fleets. It is not necessary we start by buying any aircraft for now. |
Re: Former AMCON CEO's Tweet About $300m Nigeria Air Is Misleading And Mischievous by mfm04622: 2:09pm On Jul 22, 2018 |
sholatech: It is a new business. What you can calculate now is the initial start up cost. If more is needed, the business will raise more money. Even 100 years old businesses still raises new capital all the time. So for now, total capital the business need is $300m and FG will contribute 5%. 3 Likes |
Re: Former AMCON CEO's Tweet About $300m Nigeria Air Is Misleading And Mischievous by Nobody: 2:09pm On Jul 22, 2018 |
PassingShot: Thank you for this clarification 2 Likes |
Re: Former AMCON CEO's Tweet About $300m Nigeria Air Is Misleading And Mischievous by SuperS1Panther: 2:10pm On Jul 22, 2018 |
Osus like Oby and Chike-Obi are bitter hateful beings. They hate everything and anything. I am sure they even hate God. No wonder they bad mouth a lot. Their brains are full of hate and evil wishes. 6 Likes |
Re: Former AMCON CEO's Tweet About $300m Nigeria Air Is Misleading And Mischievous by mfm04622: 2:10pm On Jul 22, 2018 |
PFRB: Have you ever heard the word lease? Majority shareholders will be airlines and from what I heard, they will lease their excess planes to Air Nigeria. 4 Likes |
Re: Former AMCON CEO's Tweet About $300m Nigeria Air Is Misleading And Mischievous by Iamgrey5(m): 2:12pm On Jul 22, 2018 |
There's nothing in the reports or government announcements that suggests they are buying the aircrafts. They might actually be leasing the aircrafts from well known internationally acclaimed agents to begin with. Majority of the carriers in Nigeria don't own their aircrafts either I am just stating the obvious for those making a case that the capital is too small 2 Likes |
Re: Former AMCON CEO's Tweet About $300m Nigeria Air Is Misleading And Mischievous by mfm04622: 2:13pm On Jul 22, 2018 |
hungryboy: Most of these airlines were not being run well. They give free tickets to everyone and management pack any money from the business |
Re: Former AMCON CEO's Tweet About $300m Nigeria Air Is Misleading And Mischievous by Nobody: 2:13pm On Jul 22, 2018 |
hungryboy:say I can't afford air transport,stop generalizing poo. Brokie brokie uncle 7 Likes 1 Share |
Re: Former AMCON CEO's Tweet About $300m Nigeria Air Is Misleading And Mischievous by tiwiex(m): 2:13pm On Jul 22, 2018 |
sholatech:Sounded like a lot of rambling. How many tranches for instance? No where was 15 million ever mentioned. Also, why can't these people just reply people politely. Every question is like a confrontation. What has him being a mathematician got to do with anything? 7 Likes |
Re: Former AMCON CEO's Tweet About $300m Nigeria Air Is Misleading And Mischievous by Ihateyoumod: 2:14pm On Jul 22, 2018 |
Ovamboland: Brother the hatred for buhari ehn, I dnt understand o. Yea d president might be slow on some decisions, e might not be perfect but we can see his honest intention to make Nigeria better tht is y there is a systematic approach to fighting him When I knew it was over corruption tht he was been fought because of corruption WS wen he dropped tht executive order 6.....house of rep who claim dey r fighting corruption were challenging the order...I mean..... 5 Likes |
Re: Former AMCON CEO's Tweet About $300m Nigeria Air Is Misleading And Mischievous by SokoDobo: 2:15pm On Jul 22, 2018 |
Hmm. Meanwhile, we are giving our equity in our tech startup https://www.nairaland.com/4609055/invest-own-equity-promising-tech |
Re: Former AMCON CEO's Tweet About $300m Nigeria Air Is Misleading And Mischievous by SokoDobo: 2:16pm On Jul 22, 2018 |
Hmm. Meanwhile, we are giving our equity in our tech startup https://www.nairaland.com/4609055/invest-own-equity-promising-tech |
Re: Former AMCON CEO's Tweet About $300m Nigeria Air Is Misleading And Mischievous by aribisala0(m): 2:17pm On Jul 22, 2018 |
PassingShot:The information was not given? Now you are saying startup is $300 million but that was never stated. You cannot rationalize away the ambiguity or where responsibility for the ambiguity lies Is there any rule of logic that says startup cannot be $6 billion? The information provided and the whole management of the saga is disgraceful. We are almost in August and we are told that this airline will operate in December? Is that a joke? 5 Likes |
Re: Former AMCON CEO's Tweet About $300m Nigeria Air Is Misleading And Mischievous by zinizta: 2:17pm On Jul 22, 2018 |
PassingShot: not surprised... |
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