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Nairaland Forum / Nairaland / General / Politics / Panic In Bi-courtney Over Planned Takeover Of MMA2 On May 7 (29866 Views)
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Re: Panic In Bi-courtney Over Planned Takeover Of MMA2 On May 7 by grandstar(m): 11:44pm On Mar 03, 2019 |
dulux07: I think government should extend it. 12 years is too short and Bi Courtney has managed the airport well (At least too me). Normally, such agreements ate 20years or more. I'm shocked it's just for 12 years. 1 Like |
Re: Panic In Bi-courtney Over Planned Takeover Of MMA2 On May 7 by grandstar(m): 11:50pm On Mar 03, 2019 |
enm: It would be financially suicidal for any Nigerian bank to fund it with lending rates in double digits. Such a project can only thrive with single digits lending rates. |
Re: Panic In Bi-courtney Over Planned Takeover Of MMA2 On May 7 by yinka10: 11:57pm On Mar 03, 2019 |
grandstar: Are you saying if you have an agreement with developer to develop your house , you will extend the year when the year is over or due, remember we want good road, rail lines ,electricity, water etc, funds have to be generated somehow to fianace all these |
Re: Panic In Bi-courtney Over Planned Takeover Of MMA2 On May 7 by grandstar(m): 12:08am On Mar 04, 2019 |
yinka10: 12 years is too short and that's why I feel an extension won't be bad. It will paint PMB as pro-business at a time the country desperately needs infrastructure financing. By taking over the airport, it may make potential investors jittery as it may paint the government as either inexperienced with PPP or completely insensitive to investors plight. Please 4 Likes 2 Shares |
Re: Panic In Bi-courtney Over Planned Takeover Of MMA2 On May 7 by yinka10: 12:31am On Mar 04, 2019 |
Re: Panic In Bi-courtney Over Planned Takeover Of MMA2 On May 7 by Shaprara: 12:31am On Mar 04, 2019 |
yinka10: Government shouldn’t be in control at all. 1 Like |
Re: Panic In Bi-courtney Over Planned Takeover Of MMA2 On May 7 by yinka10: 12:34am On Mar 04, 2019 |
grandstar: You have a point in term of investors, but agreements is agreement, good investor should have understand at first that 12year is short and that the term of contract is not favorable so they don't agree on it or the investor renegotiate the contract and find a mid ground not wait until last min God bless Nigeria 1 Like |
Re: Panic In Bi-courtney Over Planned Takeover Of MMA2 On May 7 by DeLaRue: 12:40am On Mar 04, 2019 |
smeag0l: Those working there now are not Nigerians? A typical Nigerian with access to lot of money is a financial danger unto himself. You give him a 20 page agreement...he barks, what's this?? You expect me to read all this? Yet, this is a contract involving a huge amount of money. In the end, he reads through with a condescending frown, paying scant attention to the terms. He grabs his pen and signs. No comments. No questions. Most just want to sign believing they'll sort any issues out in the future. And then they soon realise the future is not far at all. I came across one guy recently that is facing about N400m hit on a contract that is so bad I doubt he read it before signing it. Faced with the new reality, he told me '...and I trusted that woman so much, little did I know she was a devil. I will show her.' Unfortunately he can't show her jack. There's no easy way out for him. The woman will be N400m richer soon. The only alternative is a lengthy court battle that'll cost him more than the N400m. 3 Likes 1 Share |
Re: Panic In Bi-courtney Over Planned Takeover Of MMA2 On May 7 by Nobody: 12:46am On Mar 04, 2019 |
chudez0147:your comment!
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Re: Panic In Bi-courtney Over Planned Takeover Of MMA2 On May 7 by goslowgoslow(m): 12:54am On Mar 04, 2019 |
Chidonsky:Which government? |
Re: Panic In Bi-courtney Over Planned Takeover Of MMA2 On May 7 by enm(m): 1:35am On Mar 04, 2019 |
grandstar: Yes one of the factor by the bank that's why they too join in asking for federal government guarantee and obasanjo was not ready to, according him though a public infrastructure the project is a private venture and as such government has no business in it as they the operator will operate it for sometime before handing it over to government after they might have recoup their investment. ( note: the statement of obasanjo above is my own version of his ). In fact this news was allover at that time. |
Re: Panic In Bi-courtney Over Planned Takeover Of MMA2 On May 7 by enm(m): 1:42am On Mar 04, 2019 |
DeLaRue: Well this is big lesson to all. 1 Like |
Re: Panic In Bi-courtney Over Planned Takeover Of MMA2 On May 7 by Daboomb: 2:03am On Mar 04, 2019 |
Hotfreezer: Knowing all these, Igbos still went about voting for THIEVES? It appears criminals and Igbos are like 5 & 6. BTW: The only places you will hear that name BABALAKIN, is where public property is being looted. Same goes with the Federal Secretariat in Ikoyi, 1 Like |
Re: Panic In Bi-courtney Over Planned Takeover Of MMA2 On May 7 by Daboomb: 2:11am On Mar 04, 2019 |
yinka10: Thank you for asking him this simple question, which encapsulates what is going on...but he did not answer it because he knows it is the "end of matter". Babalakin was not forced to sign the agreement. He underpaid for the concession, after the usual bribery to Atiku, just like all the concessions we have in this country he has raked in money for the past twelve years and the agreement is going to lapse in May. All these crap about "Buhari sensitivity, scare investors, 12 years is too short, bla, bla, bla is just hogwash and scare tactics. I suspect the baggar has an interest in BML and that is why he is sounding like they taken away his plate of food. 1 Like |
Re: Panic In Bi-courtney Over Planned Takeover Of MMA2 On May 7 by Nobody: 2:12am On Mar 04, 2019 |
of course,, everything is propaganda. These people are worse than our fore-fathers that sold antiques. |
Re: Panic In Bi-courtney Over Planned Takeover Of MMA2 On May 7 by Daboomb: 2:14am On Mar 04, 2019 |
Hotfreezer: That family name Babalakin, just like the Sarakis, is synonymous with all forms of criminality and embezzlement of public assets About time the search light is properly beamed on their transactions, phone records, tax compliance, e.t.c I can smell that name in jail very soon 2 Likes |
Re: Panic In Bi-courtney Over Planned Takeover Of MMA2 On May 7 by BOOZELEE: 2:30am On Mar 04, 2019 |
Yemi7up:That guy is Yoruba |
Re: Panic In Bi-courtney Over Planned Takeover Of MMA2 On May 7 by Hotfreezer: 3:34am On Mar 04, 2019 |
Daboomb: So, those idiots bought Ikoyi Secretariat? Babalakin is an errand boy for thieves. |
Re: Panic In Bi-courtney Over Planned Takeover Of MMA2 On May 7 by emeksdonalds(m): 5:54am On Mar 04, 2019 |
Note that the airport in question is the very best airport in Nigeria, it’s services is even better than that of the international terminal.. If FAAN takes over that terminal, trust me, you would see it in a sorry state...The federal govt thru FAAN does not manage airports well... Bi Courtney have done a great job far in making the terminal look good for pax Hotfreezer: 3 Likes |
Re: Panic In Bi-courtney Over Planned Takeover Of MMA2 On May 7 by felifeli: 6:14am On Mar 04, 2019 |
Hotfreezer: I am sure you have never even stepped inside airport before. Bad belle Poverty United FC fans. 2 Likes |
Re: Panic In Bi-courtney Over Planned Takeover Of MMA2 On May 7 by Kamso2015(m): 6:31am On Mar 04, 2019 |
Who are the rightful people to be employed.BASL has been a role model to the aviation sector. What has FAAN done in the past in terms of improving there airports? In terms of employment in FAAN is man no man. How do we encourage privatisation? 2 Likes |
Re: Panic In Bi-courtney Over Planned Takeover Of MMA2 On May 7 by Kamso2015(m): 6:35am On Mar 04, 2019 |
If other privatisation didn't work, Babalakin-MMA2 worked.Do you know that FAAN recruited more than twice in this regime without advert? Don't be decided. 2 Likes |
Re: Panic In Bi-courtney Over Planned Takeover Of MMA2 On May 7 by verifiablefacts: 6:41am On Mar 04, 2019 |
kingkakaone:and you think FFK will say something sensible? |
Re: Panic In Bi-courtney Over Planned Takeover Of MMA2 On May 7 by bendike: 7:22am On Mar 04, 2019 |
Hotfreezer:Govment has no business running airports. Do you think that airport would have been built and maintained to such standards over the years if no for the babalakin concession? The government managed airport do they function well? The dirty toilets, leaking roofs etc. As per intels, what do you think the will happen when npa takes over intels facilities? Have you been to any npa office to see the rot? SMH. Let buhari scatter all privatized concessions and place civil servants in charge of them and watch what will happen. As they say if " if it's is not broken. Do not fix it". Nigerdock is a good example. Google Nigerdock. 2 Likes 2 Shares |
Re: Panic In Bi-courtney Over Planned Takeover Of MMA2 On May 7 by SEGLIZ: 7:53am On Mar 04, 2019 |
Hotfreezer: they never new this was what they want to vote for. this was how they got Nigeria working and this was/is how they want to get it working again. |
Re: Panic In Bi-courtney Over Planned Takeover Of MMA2 On May 7 by SEGLIZ: 7:55am On Mar 04, 2019 |
bendike: our government is still the one maintaining our airports at least of recent we saw news and pics. |
Re: Panic In Bi-courtney Over Planned Takeover Of MMA2 On May 7 by bendike: 8:09am On Mar 04, 2019 |
SEGLIZ:To acquire new airports financed and built by the Chinese is not the problem. Maintaining the facilities and providing excellence services is the issue. Have you traveled through MMIA and seen any improvements? 1 Like |
Re: Panic In Bi-courtney Over Planned Takeover Of MMA2 On May 7 by meccuno: 9:05am On Mar 04, 2019 |
Yemi7up:why not advocate a complete dissolution of this country so the Yorubas can have the SW all to them selves......at least there wont be any need for the "Host" to be disrespected. |
Re: Panic In Bi-courtney Over Planned Takeover Of MMA2 On May 7 by SEGLIZ: 9:48am On Mar 04, 2019 |
bendike: virtually everything sold by government where before being sold. none of them is functioning, look around none, none at all. |
Re: Panic In Bi-courtney Over Planned Takeover Of MMA2 On May 7 by Nobody: 9:59am On Mar 04, 2019 |
don4real18: Yes we deliver to Lagos, the pictures you saw were sent to lagos and is 380 per kg |
Re: Panic In Bi-courtney Over Planned Takeover Of MMA2 On May 7 by omohayek: 10:10am On Mar 04, 2019 |
SEGLIZ:You mean like the telecoms network that allows you to post this in the first place? You clearly have no idea how things were in the NITEL days, when getting a single phone line installed took years and lots of bribery, only to then have to deal with constant service interruptions. 1 Like 1 Share |
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