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Nairaland Forum / Nairaland / General / Travel / FG Buys Calibration Aircraft Worth ₦3.1 Billion (34434 Views)
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Re: FG Buys Calibration Aircraft Worth ₦3.1 Billion by OBTMOS(m): 11:11pm On Aug 29, 2019 |
F 1 Like 1 Share |
Re: FG Buys Calibration Aircraft Worth ₦3.1 Billion by fmwise2k(m): 11:12pm On Aug 29, 2019 |
A good step forward. If I may ask, how many common men has seen the insides of an aeroplane except on an excursion? The government should also implement projects that will improve the life of the common man. 1 Like 1 Share |
Re: FG Buys Calibration Aircraft Worth ₦3.1 Billion by Simplyleo: 11:13pm On Aug 29, 2019 |
[s] IamCharles123:[/s] I never knew I must make comment on every thread. I also never knew someone is feeding fat from my comments. Now, it is small but for over 2 decades, your god gej couldn't get it but prefers renting it from SA at $500k every 6 months. 5 Likes 1 Share |
Re: FG Buys Calibration Aircraft Worth ₦3.1 Billion by Best9000(m): 11:15pm On Aug 29, 2019 |
And tomorrow somebody will tell me that Nigeria is going to borrow money (walking out of the thread) 1 Like 1 Share |
Re: FG Buys Calibration Aircraft Worth ₦3.1 Billion by aremz(m): 11:15pm On Aug 29, 2019 |
Ignorance is bliss! shogsman: 3 Likes 1 Share |
Re: FG Buys Calibration Aircraft Worth ₦3.1 Billion by PHfinest(m): 11:17pm On Aug 29, 2019 |
Automotive1: Past 2 decades we had non: [s]Contracting from SA: $500k x 20 = $10million[/s] Contracting from SA: $500k x 20 x 2 = $20million Buying = 8.5million. Will it last for 20years?? updated: $20 million actually But what about additional costs? Why dont we make this place conducive for business men to set these things up where they are needed in Nigeria? 2 Likes 1 Share |
Re: FG Buys Calibration Aircraft Worth ₦3.1 Billion by ihitenansa: 11:18pm On Aug 29, 2019 |
Simplyleo:gej 2 decades? What are u high on? Don't always forget to reckon with buhari past 4 years too anytime u unroll your rabid tongue.u can't just wish away 4yrs of lifelessness just like dat 6 Likes 1 Share |
Re: FG Buys Calibration Aircraft Worth ₦3.1 Billion by IamCharles123: 11:20pm On Aug 29, 2019 |
Simplyleo:You are not a smart person so u will take any lie thrown at u by this lying govt. People like you only comment when the news favouring ur pay master. If u truly care about Nigeria, u should criticise the govt when they fail as much as u praise them for little things like this. 5 Likes 1 Share |
Re: FG Buys Calibration Aircraft Worth ₦3.1 Billion by PHfinest(m): 11:21pm On Aug 29, 2019 |
Simplyleo: Government has no business in business. This $8.5million asset will park and rust Maintenance cost nko? Will it last for 2 decades? Note that the so called “whooping” amount spent in the last 2 decades was $10million. 5 Likes 1 Share |
Re: FG Buys Calibration Aircraft Worth ₦3.1 Billion by baby124: 11:21pm On Aug 29, 2019 |
I hope they can maintain it. In a country that lack maintenance culture, leasing is always better. Such equipments easily become outdated too. They could have shopped for cheaper leases. 2 Likes 1 Share |
Re: FG Buys Calibration Aircraft Worth ₦3.1 Billion by tot(f): 11:24pm On Aug 29, 2019 |
solochris: That guy has a big problem and he doesn't even know it. 1 Like 1 Share |
Re: FG Buys Calibration Aircraft Worth ₦3.1 Billion by lamalang(m): 11:26pm On Aug 29, 2019 |
What we need now is surveillance helicopters to patrol our roads and bushes against kidnappers, cultist and armed herdsmen 2 Likes 1 Share |
Re: FG Buys Calibration Aircraft Worth ₦3.1 Billion by Softcash(m): 11:29pm On Aug 29, 2019 |
Simplyleo: � 1 Like 1 Share |
Re: FG Buys Calibration Aircraft Worth ₦3.1 Billion by shogsman(m): 11:30pm On Aug 29, 2019 |
Wickedfacts: In a country where people don’t know their rights,the usual becomes a very big deal.FYI as far as Nigeria is concerned getting a plane on contract is better than buying a new one. 2 Likes 1 Share |
Re: FG Buys Calibration Aircraft Worth ₦3.1 Billion by jonnyjustcome22: 11:32pm On Aug 29, 2019 |
Ange....how does this serve a common man on the street. How many common man can afford to take a flight. We need development that we touches the life of common man on the street like road, portable water, electricity, transpotation, food, employment etc. 2 Likes 1 Share |
Re: FG Buys Calibration Aircraft Worth ₦3.1 Billion by Nobody: 11:32pm On Aug 29, 2019 |
Simplyleo: Stop disgracing yourself. Throwing insults shows you are empty and frustrated. I don't know whether you are hungry join. 6 Likes 1 Share |
Re: FG Buys Calibration Aircraft Worth ₦3.1 Billion by NaijaFutbol: 11:35pm On Aug 29, 2019 |
Automotive1: $8.5m Yeah Right!!! 5 Likes 3 Shares
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Re: FG Buys Calibration Aircraft Worth ₦3.1 Billion by itsme01: 11:40pm On Aug 29, 2019 |
PHfinest: yes it can last more than 20 years as it is an aeroplane and not keke napep and $500k per 6month equals $1million per year, this means in two decades of leasing it from south africa we are goin to pay $20 million dollars as opose the 10m you mis calculated 6 Likes 1 Share |
Re: FG Buys Calibration Aircraft Worth ₦3.1 Billion by Nobody: 11:40pm On Aug 29, 2019 |
Simplyleo:You almost made sense but then the unnecessary insults came in and one would believe you're either mad or about to: say by 1:am tomorrow.. 3 Likes 1 Share |
Re: FG Buys Calibration Aircraft Worth ₦3.1 Billion by Nobody: 11:44pm On Aug 29, 2019 |
solochris:It clearly shows how sick in the head he is... 1 Like 1 Share |
Re: FG Buys Calibration Aircraft Worth ₦3.1 Billion by Azimovic9: 11:44pm On Aug 29, 2019 |
Definitely a right step in the right direction. But I don't like the mentality of praising the people in power for doing what is required of them, I see it like praising an ATM machine for dispensing your money to you. 2 Likes 2 Shares |
Re: FG Buys Calibration Aircraft Worth ₦3.1 Billion by Simplyleo: 11:49pm On Aug 29, 2019 |
PHfinest:Go and learn simple arithmetic before quoting me with jaundiced calculation. How does $500k twice a year for 20 yrs end up as $10m? 2 Likes 1 Share |
Re: FG Buys Calibration Aircraft Worth ₦3.1 Billion by Omopasito: 11:50pm On Aug 29, 2019 |
With OP laid down analysis even as a private sector player, I will rather lease for 500usd biannually than buy for $8.5mn except Nigeria intend to lease out. it makes little economic sense. 3 Likes 1 Share |
Re: FG Buys Calibration Aircraft Worth ₦3.1 Billion by oloriLFC(f): 11:50pm On Aug 29, 2019 |
Simplyleo:Okay. Thanks for the insight 1 Like 1 Share |
Re: FG Buys Calibration Aircraft Worth ₦3.1 Billion by 12345baba(m): 11:52pm On Aug 29, 2019 |
Something that they render redundant soon 1 Like 1 Share |
Re: FG Buys Calibration Aircraft Worth ₦3.1 Billion by Oritsewhandey(m): 12:04am On Aug 30, 2019 |
Simplyleo:...... Yeye 3 Likes 1 Share |
Re: FG Buys Calibration Aircraft Worth ₦3.1 Billion by Mayflowa(m): 12:07am On Aug 30, 2019 |
Simplyleo: You can’t just conclude the buy is a good investment strategy without making all the monetary calculations around it. It is good for a sovereign country to have the type of aircraft based on security. You need to factor in money paid to staff manning the aircraft. The maintenance and the space taken. All of these are cost heavy and lastly the time value of money Firth’s investment made. It is under this consideration you make sound business judgement 3 Likes 1 Share |
Re: FG Buys Calibration Aircraft Worth ₦3.1 Billion by onega(m): 12:12am On Aug 30, 2019 |
abraham324:No it can't fly you be the one pushing it. 1 Like 1 Share |
Re: FG Buys Calibration Aircraft Worth ₦3.1 Billion by mrZENographer: 12:19am On Aug 30, 2019 |
Very good at buying Aircrafts and guns but what about Industries, metro stations at same price? |
Re: FG Buys Calibration Aircraft Worth ₦3.1 Billion by Commentor: 12:39am On Aug 30, 2019 |
iamawara: By the grace of God long may it continue. 1 Like |
Re: FG Buys Calibration Aircraft Worth ₦3.1 Billion by planetx: 12:44am On Aug 30, 2019 |
Over inflated aircraft, how can this Cessna be $8.5 million. I doubt if it's worth half the price. Just saw someone posted the real price and it was actually half the price for a brand new one, this one is probably a tokunbo. Aviation minister is now a few million dollars richer. 1 Like |
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