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17 FG Airports Not Viable, May Shut Down Over Losses - Travel (5) - Nairaland

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Re: 17 FG Airports Not Viable, May Shut Down Over Losses by skyeward: 11:38am On May 11, 2020
They Can't be viable since we prioritize Air Transport over Road Transport.

Transportation should first be seen as the Responsibility of the Government, before Business.
Re: 17 FG Airports Not Viable, May Shut Down Over Losses by livebyday(m): 11:56am On May 11, 2020
stonemasonn:
Yes you are a tribalist.

You are mistaken

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Re: 17 FG Airports Not Viable, May Shut Down Over Losses by bigfish3k: 12:14pm On May 11, 2020
Ojukwudfugitive:

IPOB, don't you have Southeast press to "depa ckage" him? Did you think your Atiku would fare better? Your obsession with Southwest will kill you one day.
Afonja, so e pain you that you people did a bad job to Nigerians and you expect the south east press to clean it up abi.

We will always find it difficult to match you in bad works and propaganda because its not our way. It's just unfortunate that every body is suffering it

Now that you know that you did a bad job, what is expected of you is to apologize and not to be challenging the victims
Thats how its done in civilized world
Re: 17 FG Airports Not Viable, May Shut Down Over Losses by ChimaAdeoye: 12:20pm On May 11, 2020
You'd ask yourself WHY CAN'T THE FG CONCESSION THE UNVIABLE AIRPORTS INSTEAD OF INCURRING LOSSES?

Nigeria is indeed a zoo. I thank God that the revenue shortfall will make our government think rationally and stop reckless spending where they can avoid it. As in this case where they keep airports they cannot upgrade to make profit.
Re: 17 FG Airports Not Viable, May Shut Down Over Losses by overseasnbeyond: 12:43pm On May 11, 2020
Shame on Buhari and his fucking bitch ass lickers, how will they profitable? They have no skill to turn opportunity to investment and job creation, all they know is stealing government fund. Posterity will ask you for all your atrocities. Where is AirNaija lunched in London 2 years ago?

Islie:
• Facilities incur N26.1b deficit in three years

• How to overcome challenge, by stakeholders



https://m.guardian.ng/news/17-fg-airports-not-viable-may-shut-down-over-losses/

Re: 17 FG Airports Not Viable, May Shut Down Over Losses by whirlwind7(m): 12:58pm On May 11, 2020
Raxxye:
By the simple economics principles I learnt in high school, they should be shut down since they are not bringing profit.
What if the airports were privately owned, where would the owner get money to keep funding an unviable project and still remain in business? angry

Not just the airports. Almost every single FG controlled business has been running at a loss.
From NNPC to PHCN to NIWA...the list is endless.
There's no magic about it. The country is going to fold up. FG still thinks it should run the country like a charity, especially now that oil revenue is no more.

1 Like

Re: 17 FG Airports Not Viable, May Shut Down Over Losses by bigtt76(f): 1:34pm On May 11, 2020
Make it viable instead of closing them down. Concession them all to private sector and watch how they will revamp and make it more viable. You think its everyone that likes traveling by road? The reason most people travel out of the country for vacation instead of going local is because of transportation and security, stamp all these out, you will see the changes. State governors too aren't helping matters. Sad! About time each state is made to generate at least 50% of their expenditure.


Islie:
• Facilities incur N26.1b deficit in three years

• How to overcome challenge, by stakeholders



https://m.guardian.ng/news/17-fg-airports-not-viable-may-shut-down-over-losses/

Re: 17 FG Airports Not Viable, May Shut Down Over Losses by Yankee101: 1:54pm On May 11, 2020
Airports (most) around the world are not profit making centers
Re: 17 FG Airports Not Viable, May Shut Down Over Losses by Babinski: 3:11pm On May 11, 2020
SeverusSnape:

Every sector under this administration is going down the drain.

In fairness most of the sectors or agencies have not been profitable since their creation. Nigerian Governments right from the 1960s have always been wasteful and lacking in focus. That was why Gowon could say in the 1970s that money was not the problem but how to spend it.

Now that money is the problem because the oil boom is over, the Government is saddled with liabilities!

1 Like

Re: 17 FG Airports Not Viable, May Shut Down Over Losses by Beautifulminde3: 3:36pm On May 11, 2020
Totit, LegendHero, Richie hope you guys read this report, many reasons Igbos will continue to dominant in transport sector eastern Airports are more viable
Re: 17 FG Airports Not Viable, May Shut Down Over Losses by JavaKonjo: 4:28pm On May 11, 2020

AIR TRAVEL IS TREATED AS A LUXURY

The problem is there are no incentives to grow the aviation Industry.

Low cost carriers like Ryanair in The UK charge just £30, to fly from London to Rome, it actually costs me more to get to the airport from my house than it costs me to fly to Rome.

In Nigeria the taxes on a ticket, are more than the cost of the ticket, This restricts the number of passengers who fly.

Imagine if the air fare from Lagos to Abuja was #7000k?, how many more passengers would fly, thus increasing the taxable revenue, but our losers cannot do the simple maths
Re: 17 FG Airports Not Viable, May Shut Down Over Losses by pasol4real(m): 4:36pm On May 11, 2020
Useless zoo
Why will they not be useless, when every thing in Nigeria is political. Even to build federal airport you still apply tribalism. Imagine useless states like katsina, Gombe n Bauchi having federal airports where as viable states like anambra with a commercial city like onitsha n abia with a commercial city like aba without federal airports. Who will use those northern airports ?is it the almajiris or their poverty ridden citizens. See how the Enugu n owerri airports are doing well despite having ph n uyo functional. Now they have started the marginalization with rails, building massive railway structures along northern lines for ppl who do not need it, then in 5 to 10 years they begin to lament how fruitless n useless the venture was.
Tribalism is one reason this country is n will continue to be a joke.
Re: 17 FG Airports Not Viable, May Shut Down Over Losses by sayso: 5:10pm On May 11, 2020
Islie:
• Facilities incur N26.1b deficit in three years

• How to overcome challenge, by stakeholders



https://m.guardian.ng/news/17-fg-airports-not-viable-may-shut-down-over-losses/

aside africa, do Governments run any buisness?
Re: 17 FG Airports Not Viable, May Shut Down Over Losses by senatordave1(m): 6:30pm On May 11, 2020
pasol4real:
Useless zoo
Why will they not be useless, when every thing in Nigeria is political. Even to build federal airport you still apply tribalism. Imagine useless states like katsina, Gombe n Bauchi having federal airports where as viable states like anambra with a commercial city like onitsha n abia with a commercial city like aba without federal airports. Who will use those northern airports ?is it the almajiris or their poverty ridden citizens. See how the Enugu n owerri airports are doing well despite having ph n uyo functional. Now they have started the marginalization with rails, building massive railway structures along northern lines for ppl who do not need it, then in 5 to 10 years they begin to lament how fruitless n useless the venture was.
Tribalism is one reason this country is n will continue to be a joke.
Are you ok
Re: 17 FG Airports Not Viable, May Shut Down Over Losses by bigiyaro(m): 7:33pm On May 11, 2020
is there any profitable thing ever operated the govt of Nigeria? even if it is a profitable venture, they loot and destroy it.
Re: 17 FG Airports Not Viable, May Shut Down Over Losses by yuniben007: 8:42pm On May 11, 2020
Islie:
• Facilities incur N26.1b deficit in three years

• How to overcome challenge, by stakeholders



https://m.guardian.ng/news/17-fg-airports-not-viable-may-shut-down-over-losses/

all states are not ripe for international Airport. I see it as a scam from d governors ways of stealing public funds.in Nigeria major state Dat is viable is 3. So y not connecting d other states with a modernized and speedy train network.
Re: 17 FG Airports Not Viable, May Shut Down Over Losses by delvzy(m): 12:14am On May 12, 2020
Did I here likely shut down of 17 airports. Seriously let's be honest here what would have happen if these men at the top actually went through proper education and not finish in some yanbule school.
Sometimes I just wonder what kind of discussions to the bring up in such a place/ position.
We do need to start thinking of a better today of our country.
Re: 17 FG Airports Not Viable, May Shut Down Over Losses by Uchek(m): 5:17am On May 12, 2020
Were the airports viable crom the outset? The answer is no. They were quota-system and federal character-driven airports. Nigeria should have no more than 6 to 8 airports ( one for each geo-political zone owned and managed by the states within that zone and competing with each other

SeverusSnape:

Every sector under this administration is going down the drain.
Re: 17 FG Airports Not Viable, May Shut Down Over Losses by Uchek(m): 5:25am On May 12, 2020
I disagree with you. The top 20 airports in the world are disproportionately owned by government and managed by a competent publicly-owned airport airport authority.

Had the military not truncated the First Republic , the four regions would have owned and successfully managed the airports in their regions, just as they did with other government institutions and agencies within their region

.
Classworked:
Nigeria's problem can only be tackled ideologically. The power of a liberal society with a free market cannot be over estimated in Nigeria's struggle for a strong and fair economy.
No one economist can categorically state whether Nigeria is a capitalist society or a socialist nation. Nigeria's welfarism claims are not without major flaws as the basics of electricity and free quality education are lacking.

No government should fund an airport in the 21st century. Investors should control and operate airports while the Federal Government ,whose power to control aviation which is expressly stated in the exclusive list of the grund norm of this nation, tax and regulate the airport owners.

I have read Nigerians who are shareholders in airinports at the United Kingdom.
Re: 17 FG Airports Not Viable, May Shut Down Over Losses by Uchek(m): 5:30am On May 12, 2020
Pedetrian analysis!

JetStar:
Do you know why this is the case in Nigeria. I think it is the sheer lack of domestic flights due to the unafforadable costs by most of the middle class Nigerians. If a middle class Nigerian wants to travel a distance of 500km, they would rather take a rickety bus instead of a plane. this explains the low volume of flights in many of the Nigerian airports. Airports need electricity to run, they need workers to keep the place running, and they need businesses to keep it running. Sorry to say this, there are many places that are not just ready for airports but governors are the problem. Because they want to impress their citizens, they won't mind build one big infrastructure that most of their citizens will never be able to use. If a governor invest his state money on renewable energy or roads or agriculture, almost everyone can benefit from it. But infrastructure such as airports and railways are very expensive (railways in particular) and they seem to be only for the "rich people" (in the Nigerian language).

In the United States, there are lots of domestic flights. Many Americans won't use a vehicle if they're considering travelling a distance of over 500km. that's what boost the airport revenue.

Well, the cost of flights is to blame.
Re: 17 FG Airports Not Viable, May Shut Down Over Losses by Pacesetter123(m): 9:31am On May 12, 2020
jericco1:
They should sell them rather than allow it to remain redundant... Just 20 airports in the whole of Nigeria we cannot even make operational. This country is not good at anything.
I support ur first statement talking about privatization instead of leaving them moribund.But ur second statement blaming the government for not making them operational is a bit off the line.
The issue here is not poor funding but economic viability of the host states.
For instance,what is in Gombe to attract air passengers? Is it industries, schools,large markets or even oil deposit which is Nigeria economy mainstay?So u see such a state has no business establishing an aerodrome.Same thing goes to Katsina,Kwara,......in dat order.
Re: 17 FG Airports Not Viable, May Shut Down Over Losses by Pacesetter123(m): 9:46am On May 12, 2020
Homiesjinxbank:
You guys voted in the wrong set of people, APC has nothing to offer
The issue on ground here is not about APC.Those airports have always been run like that right from their inceptions.
Most of those airports especially those at the northern region are always put to used once in a year.That is during airlifting of pilgrimage to Mecca/Medina during Hajj operations.After that, nothing.I ask again:what will daily commercial flight go and do in Gombe, Katsina,etc?So,it didn't start in APC regime.To have established those airports in most of those states was a misplaced priority.
Re: 17 FG Airports Not Viable, May Shut Down Over Losses by Classworked(m): 9:53am On May 12, 2020
Uchek:
I disagree with you. The top 20 airports in the world are disproportionately owned by government and managed by a competent publicly-owned airport airport authority.

Had the military not truncated the First Republic , the four regions would have owned and successfully managed the airports in their regions, just as they did with other government institutions and agencies within their region

.

Mention the top 5 airports in the world. Let's start from there.
Re: 17 FG Airports Not Viable, May Shut Down Over Losses by Pacesetter123(m): 10:02am On May 12, 2020
Niccoloimhotep:
impossible did you not read in the report where it says in quote:



From the quote above and @bolded, it can be easily deduced that after lagos and abuja, enugu comes third or fourth on the worst case scenario. Then owerri too was quoted to be bubbling. SE fared well in my opinion, infact it came second after the SW lagos airport if you put together the output effect of Owerri and Enugu combined.
You are correct.They have to bubble.The people of that zone constitute about 70% of Nigeria importers/enterpreneaurs.(de figure is mine).So,any business-oriented area like that must experienced a viable aviation economic activities.

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Re: 17 FG Airports Not Viable, May Shut Down Over Losses by Niccoloimhotep(m): 10:53am On May 12, 2020
Pacesetter123:
You are correct.They have to bubble.The people of that zone constitute about 70% of Nigeria importers/enterpreneaurs.(de figure is mine).So,any business-oriented area like that must experienced a viable aviation economic activities.
exactly

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