holypower: I had a saudi arabia friend that was converted to CHRIST after the local imams attempt with him to kill his brother that as also converted! On his way to kill his brother, he saw CHRIST JESUS telling him that HE is the way, the truth and the life! They are now living in sweden and had left their home for fear of death, as the penalty of leaving islam.

You know you muslims, you are just doing the works of the devil, alsways trying to falsify all the available truth. To corrupt them all that will affect your demonic religion.. Am nt abusing!

If that was directed at me, you are wasting your time, as far as I am concerned Christians and Muslims are both the same. Saudi Arabia are quite efficient at killing.

The plane was taxing to take off, it took the wrong lane and got stuck, this is not a plane crash, the title is a little bit misleading.

holypower:

taqiyya? Say the truth and shame the devil! If you lie for your god, will say the truth for the devil. If lying is of your god will the truth be of the devil. Lying is of the devil and the devil is the father of all liar. Instead of you to repent and change after reading this testimony, now you are rebelling. This is not the first testimony, there are more than this! Ah! Dear, I believe you are an innoncent muslim, am not trying to persuade you but am here to share the truth. '' Believe in the LORD CHRIST and be saved''

Muslim ke, I have worked in Saudi Arabia and I know that your story is fiction.

He can not get the tithe back, what he should do is refund the 800K and deduct the 80K from subsequent tithes.

manny4life:

$5,000 is an okay price on international flight? Okay boss, for me $30 is on the high side considering the fact that several other fees + taxes on both sides of govt are imposed.

The government can reduce some of those charges for the first 10 years, I am sure it can be worked out.

Bros you can lie sha, nobody will turn up for executions in Saudi Arabia, that one is a big fat lie o.

There is nothing like non alcoholic wine, wine is alcoholic, is drinking wine permissible in Christianity, well, I think it is.

manny4life:

Bros, you're being very unrealistic... Are you serious?

$5,000 is about $30... That's the difference of me flying BA than Arik... If you do that na, passenger volume will reduce. I haven't said whether or not the airport will not pay for itself, but the question remains, at what price? From all indications, it isn't always the case... Airports operate because of passengers, PERIOD. If there are no passengers, there's no money. Airports should be privatized, I've stated that several times, but have you asked why it hasn't? Is it because of no interest ? Prolly not, but the cost associated with operating one with regards to the potential revenues is high. Forget what some fucktards on here are blabbing about, airports need passenger to be profitable because unlike a traditional business, MOST of the cost associated with operation are usually fixed and it's no joke.

#5000 is an okay price to pay for an international flight, people will not stop flying because of #5000 on international flights afterall they can not walk to where they are going, the reason it has not been privatized is because of personal interests.

manny4life:

How much do you think average landing fee is for a passenger airliner like a Boeing 747, @ $5/1000lbs landing charge, that's about $4,000 to $5,000 depending on the weight. So ask yourself, how many passenger or cargo jets will weigh that amount?

and N10billion being equated to about $60million annually, you've not accounted for other costs...

There are creative ways of making money, TRUE, but the main source of revenue is PFC and landing charges. Yes airports charge storage/hanger fees, royalties, revenue split with vendors and concessionaires, misc revenues from parking, third party/signature flights or whatever, but the question is how many people would pay it? You claiming 10million passenger alone, you're talking an average of 30,000 passenger daily... Like seriously? In our current times? Can you be more realistic...

An average passenger volume of 30,000 per day per 250/flight = 120 flights/day... I laugh in Swahili, how many would make up domestic and how many will sum the rest to be international. I guess you're being unrealistic and besides, the cost of capital alone, is about 1/10 of the debt annually... Bros THINK AGAIN. Let's not build airport because DUBAI did it or London did it or Singapore did it, let's build what we can, this is a service based operation, when the need arises, adjustments would be made to accommodate growing needs.

Keep thinking and be more realistic this time.

According to a report I saw online MMIA serviced 6.3m passengers in 2010, I believe that figure should be closer to 10m now, I do not have a problem with us building what we can, but we can build it in such a way that it is modern and it pays for itself, the #1000 can be up to #5000 on international flights (afterall we are already fleeced on international flights), modern infrastructure cost money, airports I believe should be as private as possible.

manny4life:

Made back in time? You should give us a breakdown of how this money would be made back in time...

You spend several hundreds of millions of $$$ even billion sef, because some schmuck on NL thinks so, how about you spell out their breakeven point... The way most of you think is really annoying.

How about money to be made from airlines using the airports, from adverts, from something added on top of the tickets, if the airport handles 10 million passengers per annum, extra #1000 on tickets is 10billion Naira per annum, I am sure there are other more creative ways of making money.

DerideGull:

Were the Financial guys as alluded in the above post by any means secretaries of USA? Be mindful that the issue of discourse involved a minister.

I believe the head of the Federal Reserve was there, they were a mix of regulatory and market players, they are infinitely more powerful than secretaries of USA, you might want to check the grilling of the guys in charge of the ACA website. A minister can never ever talk like that to reps in the US.

Magic Bishop:

My point exactly. The 3RD Mainland bridge and all federal infrastructure that Lagos currently enjoys where never built by concessionaires and neither can Tax revenue be said to be the main funding.

Even at that, if 3rd Mainland Bridge was built by concession how much do you think you will pay to use it given the current exorbitant rate which is being applied for the Ikoyi bridge and lekki expressway?

My guess is that it will cost at least 500 Bucks per salon car and more for bigger vehicles

In a truly federal arrangement, LASG can build the 3rd Mainland bridge, if it is PPP and we are to pay, no problems, it definitely will not be up to 500 Naira.

ROSSIKE:

Canada's annual GDP is $1.82 TRILLION. Her GDP per capita is $50,000 per annum.

Nigeria's annual GDP is $262 billion. Her GDP per capita is $4,000 per annum.

Yet you expect Nigeria's airports to be as huge, costly, advanced, modern and beautiful as Canada's.

Sometimes i wonder if you studied a single minute of economics in your entire existence, or if you are actually sober when you post.

Airports should be built either by private companies or a PPP, the money will be made back in time.

Magic Bishop:

The LASG revenue deficit that you are demanding from is based on Thiefnibus Local Government creation which was unconstitutional. This is what Lagos State has been using as reason for a short fall

Outside, if the FG is to privatize some of the infrastructure in Lagos just as Fashola Thiefnibu has , how much do you think you will be made to pay to upset the 3rd Mainland bridge construction?

Could Lagos with all sincerity outside oil revenue allocated to it build 3rd Mainland bridge?

Yes it can if it goes PPP

Magic Bishop:

How come you factored a FG controlled infrastructure?

The last time I checked the ports have been concessioned to a private firm and Customs collects revenue therein which is remitted to the Federal Purse. Lagos does not collect any revenue from this based on VAT but on population figures which means a state like Kano which was deemed the most populous is remitted more revenue from tax and duty proceeds than Lagos. The only area I see LASG getting something is indirectly from taxing the Port management and the several clearing and forwarding firms which will be negligible compared to the revenue from duties.

What are you talking about? How much does Lagos contribute to the coffers of the FG from all sources? As long as Lagos contributes more than it gets, then, no Oil money is being spent on Lagos.

Magic Bishop:



How can 5% VAT which is poorly collected compare to oil proceeds?

How many outlets in Lagos account for our accommodate for VAT in their transactions? Even when they do , do you think they remit it to FIRS?

The port nko, what of the etc abi you do not know the meaning of etc, do us a favour, calculate how much the FG spends on Lagos in a year and how much Lagos contributes to their pocket.

Lagos CGI ke, Lekki Ikoyi bridge says hi.

shine eye: Thanks to oil money from niger delta.

Nope, Lagos money via VAT and port etc etc

Onlytruth:

I hope you are sure o. I say this because when Abacha was in charge, the budget then was around $2 -3 billion, and our GDP then was around $66 billion.
Now, our GDP is pushing above $400 billion, isn't it sensible to upgrade our defence spending accordingly?

I want to see a SUBMARINE and some 4th gen fighter aircrafts, and I want to see some modern anti-aircraft systems in place.
Are you saying we have these?
Please enlighten me.

You want to see wetin? Who will sell 4th gen fighter aircrafts to us, submarine nibo?

Magic Bishop:

This is the only functional airport in the whole SW you will do well to appreciate it and shut up.

Or will you like to be routed through Enugu airport next time you are travelling in or out of this country?

If it so then get your governors to build you a world class airport with 10 rwys and 200 gate way terminals. Even if there are not enough airlines and passengers to service the witches and wizards that populate your region will use the facility nocturnally.

I will land in Benin republic and take a bus, Enugu kwa, say wetin happen. I am sure LASG can and will build a better one, as per your last statement, this is just being childish.

ndu_chucks: The budget you see does not include funding for fighter jets, heavy weaponry, tanks etc. Making those figures public would jeopardize our national security. Rest easy, nwanne m, the millitary is well provided for.

What jeopardy will come from making the figures public, will BH hijack the money or what, abeg leave that one jare.

Magic Bishop:

STORY!

Nothing to say right? Unlike you guys, I do not begrudge any part of Nigeria developing, it is to the glory of the country and the people, but, building ancient airports in the 21st century and expecting us to be grateful? No way.

Oby is actually one of the good guys but she goofed on this, in a responsible society, the members of the HOR command respect and ministers can never ever talk to them that way. The idea that you hold a Phd. from a prestigious institution does not give you the right to talk down on people.

Magic Bishop: There you have it Ladies and Gentlemen, the Ingrates have shown their ungrateful character again.

There was a reason behind the creation of Abuja and thank God that Abuja is here.

Please let the FG take the MMIA to wherever they want to, that eyesore of an airport, I will rather they develop all of Nigeria so we can depopulate Lagos, we do not need the FG handouts.

@Omo_Tier

Naija will not build anything that looks like Pearson o, let them even build one that looks like YYC or the one in Ottawa, Pearson ke, can they think that far.

I no know book:



The United States wey I dey or abi na ur imaginary USA? Make u no dey talk about the country wey u no sabi anything about. If there's any country in this whole wide world, where a cabinet member fit talk to a member of the legislature anyhow and go scot free, that country na the USA. Have u ever witnessed a congressional hearing in the US before? Abegi, if u have not, go and watch one at the least on the tv (PBS is a good starting point) and then come back and delete ur comment.

Now coming to the issue at stake, an unbiased mind can readily understand the ministers frustrations. She is the person saddled with the responsibility of making sure that our economy is on a good track. Obviously, appearing before the committee is definitely, one of the so many engagements competing for her time. Now for her to commit time to appear before the committee, despite her illness, shows the level of respect she has for the legislature. She could have decided not to appear and there was nothing they could have done about it. One expected the members of the committee to be cognizant of the fact that a federal minister is always time constrained, and whenever he or she makes an appearance before them, they should maximize the opportunity and make the most of it. Asking the honorable minister to go and come back sometime in the future when she was ready and willing to answer their questions, is to me, very uncalled for. Probably, the fact that they unlimited time in their hands to while away doing nothing, makes them believe every other person has that kind of time.

I commend the honorable minister for exercising great self restraint in the face of very obvious exhibition of I professionalism by the committee members.

I am just across the border from you (afterall we are your 52nd state) and did you watch how Elizabeth Warren grilled the Financial guys? You think those guys will tell her to respect them, you think they will come to the house saying they were ill and talk down on her, my guy forget that one.

eGuerrilla: Victoria,

When you canvassed the view that no parent would wish to have a child like Iyabo Obasanjo, did it also occur to you that this truism is applicable in the reverse? Assuming she did in fact write the letter, should her mother's book - where much of the material referenced comes from - also be now considered a taboo in retrospect?

Do you see the different standards that our society applies to father, mother, and child?

The mum's case is understandable, she was Obasanjo's mate, Iyabo calling her father stupid is not good at all. I do not pity OBJ sha, the man put us where we are today, the inmates have now taken over the asylum, let him face the ridicule.

Symphony007: The way that commitee chairman spoke to the minister was most disgracefull. I bet that he does'nt have half her qualification. Where would he have seen her to speak to her like that if she was still world bank MD? You give a man small power and her thinks the world is at his feet. These are the kind of commitee chairmen that ministers like denzani maduake and stella oduah should appear before. The clash of ego's would cause an earthquake.

Forget qualifications, the guy is a committee chairman, that is a very powerful position, though the guy maybe a third of her age, he is occupying a position of authority with the responsibility that comes with it, in sane climes, when reps talk, ministers jump.

Okonjo Iweala is lucky she is doing this in Nigeria, no Obama appointed "minister" dare try this nonsense with the US House of reps, dem no born am well. Imagine her talking to the HOR that way, well it is not her fault sha, those ones too have brought themselves low.

Nigeria and Nigerians are not ripe for something like that, I would have preferred our reps to keep mum on it and allow culture and tradition to control it. Guys should stop quoting the bible or the quran, our constitution is not built on those books.

They probably waited till the dry seasons to move their horses across, or they worked with the guys living by the Niger to cross.

The Delta state government should build the bridge and toll it at both ends, I am sure the Anambra state government will be put to shame if that is done. Somebody mentioned Buhari, Buhari left the government 28 years ago, that bridge was okay during his time.

taharqa: Is that d mata on ground, Or the fact that Elrufai ABUSED his Office by seizing choice lands and awarding same to himself, 8 family members and friends? That he appointed aides indiscriminately and paid them obscene amounts, including an NYSC Female 'friend' of him? Or, that sm monies may still not be accounted for sm of d Agencies unda his watch??.... Shebi, na una HYPOCRITES wey want More 'fight against corruption'? Why d complaints now?? Una haff not seen anytin..

He should be charged to court immediately, if he is convicted, he will not be able to hold public office, while we are at it, Oduah too should be charged to court alongside El-Rufai.