[quote author=onatisi post=44896295][/quote]

Ladies and Gentlemen, we have a prophet in our midst.

All that he has prophesied have come to pass

emi14:


Iberia is Spanish airline. One of the first class airline that have been in Nigeria since the opening ceremony of MMA. They are well known.

Iberia is nowhere near the top fliers.

TPAND:


Gala really missed it with that size reduction. I be professional hold-up gala consumer. That new gala size is a no no... The dough is now stronger, the beef looks compromised in texture and less tastier than the usual Gala we use to know.

See as Change turn una to Gala analyst

Oliviaxx:


You are not based in Nigeria so really, you cant make these decisions for us.if only you know how difficult things have become these past few months,u wouldn't call it sacrifice....oh,thank God you said 'sacrfies' not 'sacrifice'

How exactly have things become difficult?

NavierStokes:


And there you get it all wrong...

Well, you're free to remain a western stooge, individually. Fortunately, you're not in a position to make decision that would affect me or the entire nation.

dacovajnr:
See as Change turn una to Gala analyst

ooo boy no be small thing oo. Change just scatter many many things. Man dey vex ooo

TPAND:


Gala really missed it with that size reduction. I be professional hold-up gala consumer. That new gala size is a no no... The dough is now stronger, the beef looks compromised in texture and less tastier than the usual Gala we use to know.

See as Change turn una to Gala analyst...Change has really Dealt us a Huge blow that We don dey discover our hidden talents

musicwriter:


Well, you're free to remain a western stooge, individually. Fortunately, you're not in a position to make decision that would affect me or the entire nation.

I see how those with your mindset are running the country aground.

It's high time Africans understand that the world does not revolve around them. People do things that are best for themselves and for the group. So better to stop being cynical and all paranoia.

babyfaceafrica:
Nothing they happen....who iberia help?......

We know ur clever by half and ur moniker confirms ur pediatric intelligence buh you don't really have to display it for the world to see. We have enough to laugh about already

eshietIntrepid:
The fact that oliseh analysed and criticised every step of keshi doesn't mean he can do the job.

Apc saw nothing good in pdp especially gej lead govt. Doesn't mean they (apc) can govern.

My mind is at rest I didn't vote for apc as a matter of fact I knew this could happen.

Believe me, if APC was in power for the last 16yrs, we wouldn't have been enjoying this GSM and internet penetration everybody is enjoying now

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dexterinc2003:
this iberia name sef,i dont think many of us know them oh.

You obviously didn't read the op and are poorly coached in current affairs. The national carrier of a thriving tourist hub as Spain and you come here talking thrash because of ur partisanship. Which national carrier Nigeria get?
My brother swerve!
Get a proper education

NavierStokes:


I see how those with your mindset are running the country aground.

It's high time Africans understand that the world does not revolve around them. People do things that are best for themselves and for the group. So better to stop being cynical and all paranoia.

The decision by Buhari is in your best interest in the LONG RUN. Of course, they'll be initial hardship.

But, whether we go the IMF way or not, there'll be hardship, anywhere.

Stop looking for quick fixes!. It has been our undoing in this continent.

bjbukzy:


Bro chill! China underwent this process som yrs ago by practically closing all it sectors of economy to the outside world.
with this policy, investors from nigeria can invest in this sector without the fear that another carrier with unlimited capital base can run it out of business (and charge us drastically after) and also govt will be able to generate revenue from it.
Nigerians pays for this flight and all the money is taken to anither country....

Educate me where u think i am wrong.

You can Google how Deng liberalised China and encouraged foreign investments. PMB was once compared to Deng.

No man is an Island and especially now in 21st century, no country can survive without free trade except you want Nigeria to be North Korea.

musicwriter:


The decision by Buhari is in your best interest in the LONG RUN. Of course, they'll be initial hardship.

But, whether we go the IMF way or not, there'll be hardship.

Change with hardship that breeds anarchy, is not progress.

A wise philosopher already told us that: "the art of progress is preserving order amidst change and change amidst order". What we are witnessing is change no doubt but not progressive change.

NavierStokes:


I see how those with your mindset are running the country aground.

It's high time Africans understand that the world does not revolve around them. People do things that are best for themselves and for the group. So better to stop being cynical and all paranoia.

The converse is equally true. The real issue is why we do not have a National Carrier.That is the core of the issue ,in fact this indicates how such a carrier trading in Naira will be in a strong position. Iberia acts in Iberia's interest and from that perspective no one can fault them. We too must act in our interest too! Many foreign airlines love Nigeria because it is their most profitable route due to high business class and first class occupancy rates. Still Nigerians do not get fair deal and even subsidizes other routes when you compare cost per mile or quality of service. They tend not no employ Nigerians and are often contemptuous. Rather than indulging in hand wringing we should redouble our efforts to establish a National carrier

NavierStoks:


Change with hardship that breeds anarchy, is not progress.

A wise philosopher already told us that: "the art of progress is preserving order amidst change and change amidst order". What we are witnessing is change no doubt but not progressive change.

I don't know anything about APC's change mantra, I don't even believe in the party or politicians as a whole.

What I'm interested here is: did Buhari make the right decision by not devaluing the Naira according to IMF request?.

And my answer is ''yes''. That's all I care for about Buhari.

omonnakoda:
The converse is equally true. The real issue is why we do not have a National Carrier.That is the core of the issue ,in fact this indicates how such a carrier trading in Naira will be in a strong position. Iberia acts in Iberia's interest and from that perspective no one can fault them. We too must act in our interest too! Many foreign airlines love Nigeria because it is their most profitable route due to high business class and first class occupancy rates. Still Nigerians do not get fair deal and even subsidizes other routes when you compare cost per mile or quality of service. They tend not no employ Nigerians and are often contemptuous. Rather than indulging in hand wringing we should redouble our efforts to establish a National carrier

Yea a certain president said he would convert the presidential fleet to a national carrier, btw why do we fear competition, we should set up our national carrier alongside then give them some leverage of advantage over their competitors with time those foreign airliners will fall off and we will be in a good position to take their share of the market. Not that we will make policies to send them all packing and with no provision for our own airline. Or will the citizens start trekking abroad. This government is truly silly and are never able to see the big picture.

Actually that is the strategy and why Iberia is quite affordable. BA and Iberia are owned by the same company International Airlines Group. So if you cant afford to fly BA, you can fly Iberia. Whichever way the company still makes money.

For those saying it was good that Iberia left I hope you don't plan to fly in the next few years because you should be ready to pay much more. I have flown BA a couple of times but never flew Iberia but one thing I know is that that that airline makes it affordable for a lot of people to travel. Its a capitalist world and airlines like other investors are here not only to offer services but to make profit and they have the right to repatriate that profit after tax and not to help develop your country. That is the job of your government. Don't you send money back home to folks for upkeep and to invest locally after slaving abroad.

When you send every airline packing, how will you you get your goods that you have ordered online or how will small business owners export their locally made goods. And maybe when you decide to travel you will choose from the option of Arik leaving you stranded at the airport while it looks for aviation fuel or going by boat through the Mediterranean.

Nnemuka:

Atleast average nigerians can travel to various destinations.
with British airways above the standard of an average nigerian (BA to london is almost 900k) Iberia flies same route for 150k, which do you think poor and average will go for?
dont celebrate stupidity

musicwriter:


I don't know anything about APC's change mantra, I don't even believe in the party or politicians as a whole.

What I'm interested here is: did Buhari make the right decision by not devaluing the Naira according to IMF request?''.

And my answer is ''yes''. That's all I care for about Buhari.

But that the oil price has already floored, you should have only watched the devaluation take place with another round of drops in prices.

That we didn't devalue and prices are rising wasn't because of any proper sound decision making by the government.it was purely dumb luck.

You need to find out what happened to African countries In the 80's and the structural adjustment by the IMF, plus the outcome. It's purely where Africans base their arguments against the IMF on, but truly no country implemented their recommendations completely, corruption are into the reforms in all 35 African countries at the time, but Ghana, imagine a programme that was implemented by IBB the Prince of thieves what do you expect as it's outcome?

By the 90's only Ghana was on a way to good recovery which we saw lasted until recently ( reason everyone was talking about Ghana as an example of a good place with a good system ).

Ghana also went through structural adjustment on the IMFs recommendation like Nigeria bu Ghana got the better for it, and the corrupt Nigeria got the worse off for it.

The problem wasn't the IMF it was the romance of the leadership with corruption plus ITK not following through with the recommendations of the experts.

NavierStokes:


Yea a certain president said he would convert the presidential fleet to a national carrier, btw why do we fear competition, we should set up our national carrier alongside then give them some leverage of advantage over their competitors with time those foreign airliners will fall off and we will be in a good position to take their share of the market. Not that we will make policies to send them all packing and with no provision for our own airline. Or will the citizens start trekking abroad. This government is truly silly and are never able to see the big picture.

I am not a spokesman for the president or government
Where does "fear competition" come from? who fears competition and how is that part of the conversation. No one is making policies to send anyone packing .HAS EVERY AIRLINE LEFT
How relevant is IBERIA?

The fact is ALL countries use PROTECTIONIST policies for their airlines. Go to Heathrow and see where Arik is situated compared to BA for flights to Lagos

In fact when we have a national carrier they should only be allowed to fly to Abuja and not Lagos.

Once again the issue is our lack of a National carrier .A well run carrier cannot fear competition because it will be the only carrier offering DIRECT flights to every international destination

signz:


Ladies and Gentlemen, we have a prophet in our midst.

All that he has prophesied have come to pass

Observing how this APC will turn their magic wand. In FELA's voice - Government Magic!

jayriginal:


Did you really say this?

My goodness!

In reality what you are seeing is the effect of 16 years of PDP misrule and devastation. We had years of plenty and we didn't prepare. How do you expect us to fare in the years of famine?

Nigerians want short term solutions and that is what got us in this sad situation. That is why our politicians are able to hoodwink us and rob us of our heritage. They dine fat on our wealth and throw crumbs at us because we don't demand for better. We live for today, not for tomorrow.

We need change, but it must start from the mind first. That's the most important change.

You wanted change and you have got the change or what else do you need?

vislabraye:


Is that what this government is trying to do ? Hahahahaaa. U people like to give excuses on the behalf of this government. So Nigeria wants to close all sectors of the economy to the outside world, yet the president is hopping from one continent to another looking for foreign investors ?

nah! am not trying to give an excuse! mistakes and sacrifices will surely have to be made during a change process....
let me use this scenario to explain wat i meant...
"iberia flies from nigeria with 90% of its passengers bin nigerians and they pay the taxes on their profit.
firstly, they collect naira from d customers and then take it to banks to change it to dollars so they can take it back to their country....the effect of this on the naira andd foreign reserves needs no explanation(spains foreign reserve increases at the detriment of 9ja foreign reserve).
iberia could ve swapped it naira for euro/$ by giving it to a coy that wants to import from nigeria....govt just needs to improve importation/exportation policies

magicminister:
I don't know how i feel about this.
Pulling out of Nigeria would cost some Nigerians their jobs and cost the Nigerian government a chunk of tax.

But one thing i know for sure is that the price of flights has increased exponentially withing the past couple of months.
I thought they were sourcing their forex externally!

Its really crazy. Getting a ticket to travel out is a problem. I tried booking a British airways ticket online, the bank wont allow u once its over a certain amount of dollars. Single seat o! After calling the bank they say u must first change the money from ur naira account and transfer it into a domiciliary account with them before you can pay. Please note that they wont do this exchange for you. You will take ur naira to ab.oki and try to source for dollars. If u do this, u double the price of the ticket.

The other option is to go to the airlines office, where they will never give you the online price but 3times the price of the online ticket sef (i blinked twice when they told me the $1500 ticket i was trying to book, is $5300 on their price list - Same route, same flights, same class). So d only pple still getting reasonably priced tickets for this summer are those that already have thousands of dollars in their domicilliary accounts.

Most pple are probably using a travel agent now to get intl tickets.

omonnakoda:

I am not a spokesman for the president or government
Where does "fear competition" come from? who fears competition and how is that part of the conversation. No one is making policies to send anyone packing .HAS EVERY AIRLINE LEFT
How relevant is IBERIA?

The fact is ALL countries use PROTECTIONIST policies for their airlines. Go to Heathrow and see where Arik is situated compared to BA for flights to Lagos

In fact when we have a national carrier they should only be allowed to fly to Abuja and not Lagos.

Once again the issue is our lack of a National carrier .A well run carrier cannot fear competition because it will be the only carrier offering DIRECT flights to every international destination

Exactly what I stated that our airline be given preferences. It's same with every country you visit, whether Heathrow, Charles De gaulle, Frankfurt, schiphol, JFK, malpensa everywhere.

Mediocrity fears competition, the very reason we will want to push out every airline even before we plan to site ours.

Saying only IBERIA has left, i would say something, someone has to make the first move, Venezuela is on screen for us to see. You need to understand that others have been preparing to leave as well, some are Having to make difficult decisions, like using smaller aircrafts, downsizing plus issues with their operations and having to deal with not being able to repatriate their profits back home.

My God we have a Maduro on our hands, I have been saying this here for months.

NavierStokes:


But that the oil price has already floored, you should have only watched the devaluation take place with another round of drops in prices.

The Naira would naturally gravitate back to about N180 to $1 when local manufacturing pick up, through all the ''looking inward'' policies that are being made now.

Oil price fall is not our fundamental problem. The root cause of our problem is we don't manufacture any other thing to export to the world except oil.

We can do without oil!!. That's what Buhari is trying to figure out. But, of course, it would be difficult to transition from oil to other source of income for the country.

Nothing could be better than that when it comes to fruition.

musicwriter:


The Naira would naturally gravitate back to about N180 to $1 when local manufacturing pick up, through all the ''looking inward'' policies that are being made now.

Oil price fall is not our fundamental problem. The root cause of our problem is we don't manufacture any other thing to export to the world except oil.

We can do without oil!!. That's what Buhari is trying to figure out, but of course it would be difficult to transition from oil to other source of income for the country.

Nothing could be better than that when it comes to fruition.

Does this government strike you as one with mindset of diversifying it encouraging local production. They say one thing and do another, the flood gates will soon be open for Chinese goods to come in and don't forget the arbitrage that will begin to take place with currency change or swap whatever the foreign affairs minister meant. People will convert their money's to yuan at (30 something naira to the yuan, 199 naira to the dollar) take it abroad to convert to dollars and bring it back here to sell at 320.

Farmers are being discouraged everyday with the fulani herdsmen menace. Uhmmmm even stops to think, where are we diversifying towards.

olapluto post=44897970]Until there is a nationalistic pride in all Nigerians, we will be stagnant. Iberia is leaving us because they are not able to remit their profits back to Spain. Profits made from Nigerians. Tough luck.
Its like a rapist vexing for the victim after she refuses to help him unzip his trousers. Sorry.

^^

And you're very happy to take your salary home every month end.

chebeoc:
olapluto post=44897970]Until there is a nationalistic pride in all Nigerians, we will be stagnant. Iberia is leaving us because they are not able to remit their profits back to Spain. Profits made from Nigerians. Tough luck.
Its like a rapist vexing for the victim after she refuses to help him unzip his trousers. Sorry.

And you're very happy to take your salary home every month end.

Do you mind people like him, they work in port harcourt, Abuja and build or make investments in Lagos. They work abroad and send money back home but require these companies to come and do business here with no expectations of profits. Those corporations are not humanitarian organisations and so have a right to make profits and take it to even mars or Pluto or where ever they so chose.