macjive01:

Sha, my people can be happy over little things.

The question shd be; who is running shows in this Air Nigeria?

Why can't a handful of the millions of business moguls of Igbo extraction pull resources together and float an airline?

Odili can afford to own two airline just from his naira bank account.
Emeka Offor.
Ekene dili chukwu
Ogbuawa motorcycle spare parts man
Coscharis.
Many of orlu drugs (medicine) barons
Abiriba textile mogul
Mbaise estate developer
Nnewi -lol, every body in nnewi
Enugu king pins
Delta moguls- Can't see why jim ovia, elumelus, and many others can't afford to start their own airline or pull resources together to start one.


Tmrw tinubus air-one wud start flying. Flying to same Enugu n Imo airports.  
This time around the staff wud b thick oyo Yorubas, the announcement wud definitely be in Yoruba or in an english that wud sound more Yoruba than English.

"Passengers, ejo jo ko' "

who told you they are running things , its not easy running an airline in nigeria but they are trying .

Another airline that barely started recently already winning fake awards.

As mentioned earlier by another poster, why can't a consortium of rich Igbo businessmen pull resources together to float an airline that will cater for the travel needs of the people in the South East region.

I see a region that will rapidly develop if there is an international airport in either Enugu or Owerri.
Can anyone imagine the combination of Chinese manufacturers with our indigenious Igbo guys doing serious business together.

Soon SE states will be the new Asia in Africa/Nigeria things will be happening left right and center God be with us

Its Confirmed. Yoruba man now controlled ibos Airspace. We will bomb the hell out of them with ease if they try nonsense. God bless Jimoh Ibrahim. Now we can decide who enter and exit ibuland from Ondo state. Ibos will continue to be our errand boys. Hahahahaha

Seanet1000:

Its Confirmed. Yoruba man now controlled ibos Airspace. We will bomb the hell out of them with ease if they try nonsense. God bless Jimoh Ibrahim. Now we can decide who enter and exit ibuland from Ondo state. Ibos will continue to be our errand boys. Hahahahaha

Roflmao! Hey, as long as we continue to take revenue away from Lagos i'm good.

lagos minus efforts from other tribes and former capital will result in something like all those ondo or ekiti type places.
thats why there is lagos and there is ondo.  

these people are lousy but the natural compensation with big mouth is clear anyway.

Seanet1000:

Its Confirmed. Yoruba man now controlled ibos Airspace. We will bomb the hell out of them with ease if they try nonsense. God bless Jimoh Ibrahim. Now we can decide who enter and exit ibuland from Ondo state. Ibos will continue to be our errand boys. Hahahahaha

no talk bomb o. if you go to your elders and talk Igbo and bomb in the same sentence them go shiver.
na mouth?

talkless of now resources full everywhere.
you people are not ready.

Chyz*:

Roflmao! Hey, as long as we continue to take revenue away from Lagos i'm good.

Haha, ibo man can sell their birth right for a penny, that is why i like using ibo labourers in my projects. Give them a bit and they would work their life out. They always think they are wise and can make money out of others effort but this time around they will fail, Jimoh Ibrahim will be making money out of your land. Since there is no restriction on capital movement within Nigeria, Jimoh Ibrahim will pay you a meagre tax and remit the huge balance to us here. Cheap money in iboland. Cheap tribe.

Seanet1000:

Haha, ibo man can sell their birth right for a penny, that is why i like using ibo labourers in my projects. Give them a bit and they would work their life out. They always think they are wise and can make money out of others effort but this time around they will fail, Jimoh Ibrahim will be making money out of your land. Since there is no restriction on capital movement within Nigeria, Jimoh Ibrahim will pay you a meagre tax and remit the huge balance to us here. Cheap money in iboland. Cheap tribe.

Roflmao! Hey, as long as we continue to take revenue away from Lagos i'm good.

I rather fly with Delta or British Airlines.

Since Air Nigeria is the only one plying the route, you will have to go through Lagos if you want to use delta or british airlines.

Seanet1000:

Since Air Nigeria is the only one plying the route, you will have to go through Lagos if you want to use delta or british airlines.

leave their thread alone

Seanet1000:

Since Air Nigeria is the only one plying the route, you will have to go through Lagos if you want to use delta or british airlines.

Delta flies straight to Port Harcourt. Lufthanza and Air France as well. No need for me to take Air Nigeria.

But PH is not part of the title. We are talking of owerri and enugu

Seanet1000:

But PH is not part of the title. We are talking of owerri and enugu

your not intelligent, air nigeria only started flying owerri and enugu routes thats local route and not international , belview ,arik,aero have all been plying those roots since time immemorial , air nigeria is a new airline that is just expanding its routes in nigeria, stop sounding like a dunce.

bashr4:

your not intelligent, air nigeria only started flying owerri and enugu routes thats local route and not international , belview ,arik,aero have all been plying those roots since time immemorial , air nigeria is a new airline that is just expanding its routes in nigeria, stop sounding like a dunce.

take it easy on the chap. looks like he needs help or some form of pity

EzeUche:

I rather fly with Delta or British Airlines.

For real, Delta sucks!


British Airways is more reliable and acceptable than Delta, I just hate dislike Delta.


Goodluck to them.

alj_harem:

who cares about igbo, my care is about u

Hold on, YOU AGAIN? WHAT IS WRONG WITH YOU

Seanet1000:

Its Confirmed. Yoruba man now controlled ibos Airspace. We will bomb the hell out of them with ease if they try nonsense. God bless Jimoh Ibrahim. Now we can decide who enter and exit ibuland from Ondo state. Ibos will continue to be our errand boys. Hahahahaha

[b]YOU ARE A FOOL AND STILL A CHILD, DO U THINK YOU CAN STAND A FULL SCALE WAR? REMEMBER THIS, THIS IS NOT 1967 TO 1970 WAR SO BE CAREFUL, THEY HAVE DIFFERENT WAYS TO BRING IN WEAPONS IN ORDER TO FINISH U. WATCH WHAT YOU SAY.[/b]

South East states will soon become Nigeria paradise, Ndi Igbo Kwenu

The likes of Eko ile and Ileke idi = Baboons!

The likes of Decryptor and Ezeuche= Monkeys.

Ibos Airport, Yorubas Money

Is is true that eko ile is a girl?

Why are you guys responding to @Seanet1000, the man needs the attention but ignoring him is the best thing. Although it's better to be an errand boy, work your way up and then be the boss, than to be a public nuisance without work or hope, kinda sucks if u ask me.


Talking about tax, can someone please tell me what the Tax rate is within these states? I'm thinking probably at least 10% of earned revenue (although this is a wrong formula but an accounting norm standard for Nigeria), that leaves 90% of the money. @Seanet1000, think about it, this same Ibrahim operates within the locals, so therefore , he hires the same [b]"busboys" [/b]within the locals contributing another 30 to 40% of that 90% to payroll, then company's money goes through circulation to purchase other goods or services, likely that, these same busboys are good are what they do that Mr. Ibrahim can't resist but purchase from the neighboring Igbo states, at the end of the day, more than 85% of the cycle of money flowed within or neighboring states, if my math is correct, I think the busboys have more power AND control over Mr. Ibrahim than he does to them. Trust me Lagos and it's likes where built using the same formula; a company circulates its wealth (obviously not by option, but necessity) within the states or neighboring states which it operates from.

i tire for una

so we can not discuss without bring yoruba this igbo that in this forum

na wa ooo

Is it true that PointB is a lesbian troll?

alj_harem:

i tire for una

so we can not discuss without bring yoruba this igbo that in this forum

na wa ooo

Very unfortunate

manny4life:


Very unfortunate

Very very very unfortunate. This your Return 90% profit back to locals na Oxford Economics o. Do you know all those expenses are running cost and can not be paid again after Profit after tax have been declared? Or you are taking a profit as a debenture?

seanet02:

Very very very unfortunate. This your Return 90% profit back to locals na Oxford Economics o. Do you know all those expenses are running cost and can not be paid again after Profit after tax have been declared? Or you are taking a profit as a debenture?

Don't confuse yourself ok. A debenture is a debt instrument (security in finance)

First of, who talked about profit? Where did you get your 90% profit back to locals theory? Where did I state they are paid back again after profit and tax are declared, Where did I state that in my post? I was only showing you how at least 90% of that money (revenues) flows back into these same igbo states and like you stated, expense (payroll, COGS, administrative expense, operating expense et al,) because you said Mr. Ibrahim pays meager tax and bring back a huge amount to us. I then replied you that he couldn't and can't bring back a huge amount because of most of the money is exhausted in the state in which he is operating from. I believe that is straight forward and not confusing at all, my assumption was that tax was deducted before expense and that is why my post was clear, it stated " I'm thinking probably at least 10% of earned revenue (although this is a wrong formula but an accounting norm standard for Nigeria),

Oh boy i don't need you telling me what debenture is hum, what you are saying can never happened. Let us analyse it like this.
Company A in the year 2011 makes a profit before tax of 1000, (surely you know that profit before tax has already taken care of both the running cost and wage bill)
let us say the gross income is 1500 (this has not taken care of the running cost and wage bill)
500 was used to cater for both the wage bill (this includes the boys and locals that are in the payroll, plus other staffs) and the running cost (this includes the stationeries, miscellaneous, raw materials, and others) remember the company pays the people or firms it has business transactions with in the area it operates or elsewhere from the running cost, which definitely means they can not be paid again from the Profit before tax declared.
Now let us say the tax rate is 10% as you assume, since the profit before tax is 1000, then the tax will be 100, giving a balance of 900, things like social responsibilities may gulp 5 percent which is 45, the company may decide to move 10% to the general reserve and  10% for the next business year.
This means that another 180 will leave as a result of the debit for general reserve and next business year leaving a balance of 720 which will be shared among the shareholders if it is a public limited liability company or to the owners if otherwise. Now 720 is about 72% of the profit of 1000, meaning your  90% is not possible except you are doing father christmas.
Hope am clear and remember our discussion is on 90% of profit being ploughed back to the host community or people.
company pays the people or firms it has business transactions with in the area it operates or elsewhere from the running cost which definitely means they can not be paid again from the Profit before tax declared, now let us say the tax rate is 10% as you assume, since the profit before tax is 1000 then the tax will be 100 giving a balance of 900, things like social responsibilities may gulp 5 percent which is 45, the company may decide to move 10% to the general reserve and  10% for the next business year, this means that another 180 will leave as a result of the debit for general reserve and next business year leaving a balance of 720 which will be shared among the shareholders if it is a public liabilited company or to the owners if otherwise. Now 720 is about 72% of the profit of 1000, meaning your  90% is not possible except you are doing father christmas. Hope am clear and remember our discussion is on 90% of profit being ploughed back to the host community or people.

seanet02:

Oh boy i don't need you telling me what debenture is hum, what you are saying can never happened. Let up analyse it like this. Company A in the year 2011 makes a profit before tax of 1000, (surely you know that profit before tax has already taken care of both the running cost and wage bill) let us say the gross income is 1500 (this has not taken care of the running cost and wage bill) 500 was used to cater for both the wage bill (this includes the boys and locals that are in the payroll plus other staffs) and the running cost (this includes the stationeries, miscellaneous, raw materials, and others) remember the company pays the people or firms it has business transactions with in the area it operates or elsewhere from the running cost which definitely means they can not be paid again from the Profit before tax declared, now let us say the tax rate is 10% as you assume, since the profit before tax is 1000 then the tax will be 100 giving a balance of 900, things like social responsibilities may gulp 5 percent which is 45, the company may decide to move 10% to the general reserve and 10% for the next business year, this means that another 180 will leave as a result of the debit for general reserve and next business year leaving a balance of 720 which will be shared among the shareholders if it is a public liabilited company or to the owners if otherwise. Now 720 is about 72% of the profit of 1000, meaning your 90% is not possible except you are doing father christmas. Hope am clear and remember our discussion is on 90% of profit being ploughed back to the host community or people. company pays the people or firms it has business transactions with in the area it operates or elsewhere from the running cost which definitely means they can not be paid again from the Profit before tax declared, now let us say the tax rate is 10% as you assume, since the profit before tax is 1000 then the tax will be 100 giving a balance of 900, things like social responsibilities may gulp 5 percent which is 45, the company may decide to move 10% to the general reserve and 10% for the next business year, this means that another 180 will leave as a result of the debit for general reserve and next business year leaving a balance of 720 which will be shared among the shareholders if it is a public liabilited company or to the owners if otherwise. Now 720 is about 72% of the profit of 1000, meaning your 90% is not possible except you are doing father christmas. Hope am clear and remember our discussion is on 90% of profit being ploughed back to the host community or people.

My friend, what is the meaning of all this? Paragraph is not that expensive. And what happened to your periods?

@seanet02


COOL, I'm glad we can set aside the random rants and reason together and that we both know what a debenture is and you and I clearly knew I was not talking about debentures. Now moving on to your post, can u please use paragraphs and punctuations? I will respond to your hypothetical as soon as I'm able to copy it to WORD with paragraphs at least, that's the only way I can understand it, forgive me but I'm being honest.