₦airaland Forum

Outside of a direct subsidy of aviation fuel or flight tickets, I can't think of any other significant way the Government can help Airpeace.

A government that denied Okada man fuel subsidy cannot turn around to subsidise air tickets or aviation fuel of millionaires travelling abroad.

Also, will domestic Airlines not ask for their own operations to be subsidised too.

I'm afraid, Airpeace will have to fight for its own survival on the Lagos/ Abuja- London route.

derecho:
Rumours has it that Tinubu owns that refinery.
Nigerians are watching closely

So you people have moved from, 'the refinery will never work' to this latest one.

You people should let this man be.

Mr Dangote is doing incredible things.

It's a mystery how politicians & government workers recklessly project dates that never come to pass.

Do they not realise that it undermines public trust in them?

Paraman:
The government must find a way to support Air Peace

The only way they can do so meaningfully is by subsidising tickets.

That'll be politically impossible.

You can't deny Okada man fuel subsidy and turn round to subsidise millionaires travelling abroad.

The Nigerian market has been so lucrative for foreign airlines for so many years, they'll even price at a loss in order to get rid of Airpeace.

Nigerians should keep flying Airpeace.

People should realise that if our economy improve massively in the coming years, Nigeria will become the biggest aviation market in Africa.

Foreign airlines know this so they will play a patient game.

They also know they can afford to make loses on the route because they have deep pockets. Airpeace may mot be able to match them if the prices go too low.

We need like 2 more Nigerian airlines to get into the Lagos - London fray. Local airlines with very deep pockets to challenge the foreign airlines.

Mr Dangote...are you not interested

shortgun:
What village do you all crawl out from for fuks sake. DJ's are not always used during celebrations, or for playing loud music
who will do the lighting? Who will provide generator?
Who will bring microphones and speakers for the gathering.
Better shut it you don't have any sensible contribution to this thread

What do you guys even need microphone and speakers for.

I think this is cultural thing anyway. It depends on the custom where you guys come from.

In most places, when a young person passes away, the burial is a solemn affair. Unnecessary noise is avoided.

It is telling that some of his friends are threatening to withdraw just because the family does want noise.

Wema bank, super old, but tech-innovative.

It shows that whatever industry you are in, carve your own niche and maximise your small advantage, and you have a chance of not being crushed by the giants.

When you enter some Wema bank branches, the entire vibe takes you back to 1990s.

Tiles are old. Windows blinds are tired.
Youruba is readily used alongside English.
The ladies dress like school teachers - modestly.
Some chairs are dusty, some light bulbs are dead or flickering . That's all part of the Wema package.

But guess what, many members of the populace prefer these sorts of environment to flashy bank offices.

Many older people are intimidated by the flashy lights, impatient bank officers with fake 'in the abroad' accents, mini skirts, tight ill-fitting trousers & shirts of some male bank workers that you find in some new generation banks.

Wema bank works well for people who want an old fashioned, slower pace of life. That includes younger people too.

I think Wema bank will continue to do well under good management.

DMerciful:
Wrong and pedestrian analogy.

It is not EFCC's mandate to chase people who abuse the naira, its that of the police. The EFCC should focus on financial crimes

So you know efcc mandate better than Efcc lawyer, Mr Bobriski's lawyer, and the judge.

None of these people raised any concern about whether efcc was acting outside its powers.

Good.

Nigerian banks are a big clog in the wheel of this economy.

Kukutenla:
Learn to read and understand

What I am saying is that we need not go 1900 in the first place. Unifying the rates does not automatically mean you devalue the naira.

So many things were done wrong in a bid to appear different from the previous govt which created so much distortion in the system

Who is bearing the brunt now?

How do they recover?

Long story.

Keep storing dollars.

bentenny:
So the governor is the one that selects a future governor and deputy for the state and some misinformed Edo electorates will be watching with their eyes open and yet claim Edo nor be Lagos?

How is what Obaseki is doing different from what Tinubu did when he was governor?

It's ok.

Unless it's Tinubu doing it!

garfield1:
Wait,akoko Edo borders akoko of ondo state

Yes

Walk across River Ose bridge from Akoko Edo, you are in Akoko (Ondo state) and vice versa.

Settlements (villages are not more than 5 minutes drive from each other.

Two towns, Isua (Ondo) and Ibillio (Edo) are no more than 15 mins from each other

donphilopus:
Imeri used to be part of Akoko Edo. But they're now in Ondo. So the answer to your question should be no.

You're very wrong.

Akoko is indigenous Yoruba (Ondo state) people.

There are 4 Akoko local governments within Ondo State - right next to Akoko-Edo in Edo State.

1) Akoko North-East 2) Akoko North-West, 3) Akoko-South-East and 4) Akoko-South-West.

Infact, the Akokos are the single most populous sub-ethnic group in Ondo State. Larger than Akure, Ondo, Owo and Ikale/Ilaje.

It was the convenience of using River Ose as boundary between the Ondo and Edo States that resulted in some Akoko villages ending up in Edo.

StOla:
Are they bearing Yoruba names or they are Yorubas? Akoko Edo are Yoruba whose land happen to be cut inside the boundary of Edo state.

Just as Itsekiris are also in a particular local government (Ajoki, Ikpoba Okha LGA) in Edo that shares boundary with the greater Itsekiri land in Delta State.

Some Yoruba villages and small towns ended up in Edo State due to boundary marked by River Ose.

As a compromise, the local government was called Akoko (Ondo) - Edo local government.

That local government also has several Kogi state affiliated elements on the other side.

I understand that sometime in the late 60's when the mid West was created from Western Nigeria, one of the administrators of the mid West stopped the teaching of Yoruba language in their schools.

Today, Yoruba as a language has more or less disappeared even in most of Akoko - Edo particularly amongst those under the age of 50 as the mixing with people from Kogi has resulted in some hybrid type of languages that is neither Yoruba nor Edo.

As an example, people from Akoko Edo who have not lived in Benin before don't understand Benin language at all. I stand to be corrected.

So, unlike their grand parents, offsprings of Yoruba progenitors in Akoko Edo can't speak Yoruba, but they still have their Yoruba surnames.

They are ok being in Edo State and don't consider themselves Yoruba. But they know their history.

Obrigardo:
Knocks what?

It's only Africans I see writing idiotic headlines like this. Can't you get better words for your title?
Why do African and mostly Nigerian editors use archaic words in their headlines?

Knocks. woos. and other rubbish sounding words.

Add 'cry out', 'raise alarm', 'premium motor spirit etc

That last one - why not simple 'petrol'.

The way we speak and write English is so different.

If BDCs buy at a particular rate from the CBN and the black market price turns against them, that's tough luck.

Where BDCs are right though is the CBN delaying in releasing the dollars to BDCs after collecting naira from them.

Once the CBN accepts a BDC offer to purchase $, it should promptly release the $ after collecting their naira.

It is a fast-moving market, so any delay is unhelpful to BDCs.

Probably less than 5% of households in Nigeria has an A/c, and OP's example of households with 3 or 4 A/Cs are even less common.

So, the suggestion that A/Cs and band A palaver is some kind of universal life changing experience for the populace is incorrect.

Only a tiny minority of butty people will be affected in that respect.

And they have he choice of changing to battery/solar powered fans. That's life.

Band A rate is horroribly high, but my sympathy lies with average hard working people who are now caught up in this power nightmare, not some upper middle class people who operate 4 or 5 A/Cs in 3 bedroom apartment. That's luxury in Nigeria. You want it, then keep using it and pay your band A rate and let us rest.

What has continued to astound me is how some viciously condemn any positive development or news

Even government policies that will benefit them personally, they cry to high evens in rejecting it.

I have never seen anything like it

This band A rate is so expensive, solar is seriously looking like a better option.

The solar industry will boom going forward, especially now that the cost of solar panels and batteries are getting cheaper.

codeworks:
I was considering moving back to Nigeria, but the increase in electricity tariffs gave me pause.

I am not sure that cost of electricity is a reason for anyone to decide not to return to Nigeria.

It is a personal choice though.

kaludestiny10:
What will now happen if AEDC refuses to pay the fine?
This one na dog eat dog.
Keep deceiving yourselves.

They can dispute it by going to court.

However that may be a wrong strategy in the long run as no Disco wants to get in the bad book of NERC, the regulatory agency.

A better approach will be to negotiate for a smaller fine.

Sunnycliff:
The worst is that, there's no comprehensive list that's open to all, on this band categorization

Another thing is, if you're in a part of town where supply is 19hrs 30mins, you pay the existing rate.

Those in another part of the same town who get 30mins more light than you will pay 3 times more for the light! Very unfair.

That 20hr thing is a poor metric for determining which group of people pay the new rate.

FreeStuffsNG:
That fine is too much in my opinion. They can report the officials to EFCC

It is not.

It is a punitive measure.

The NERC order was very clear. The new tariff should apply to Band A only.

Any application outside that band is an egregious attempt to exploit people.

dawno2008:
Not just AEDC,even IBDC too

I suggest you report them through the NERC website.

There is a process on the website for opening a grievance with Discos.

Even those not in band A now will be dragged into it slowly.

The strategy is to impose a high tariff on a small percentage of users first in order to ensure there is no large scale opposition.

Once the first Band A group finish making a little noise and ultimately accept their fate, they'll bring more people into band A, then monitor the response and continue like thar.

Within 3 years, we will all be paying that higher rate whether you get 20hr or 3hrs supply.

The government is effectively removing electricity subsidy, slowly, group by group.

I charged N20k yesterday and got over 300 units, and we get power for about 12hrs each day.

Some of the units people are posting is shockingly expensive.

I would not be surprised if, over the coming months, the discos started putting more and more people under the now dreaded Band A without their knowledge.

Majority of Nigerians that slavishly support Binance against their own government and people have less than $1000 invested in crypto.

Many of the foreign crypto billionaires making money off them are much younger than them.

But they're all over Nairaland and other social media castigating Cardoso, and the government for having the temerity to target Binance.

Classic Stockholm syndrome.