veraponpo:

Stop misinforming people @OP, United Airline has never been in Nigeria. It is a US airline and I have flown to the US with it a couple of times. The company stopped coming to Nigeria because of low patronage.

This has little to do with economy but majorly with the traffic of people going and coming.

United Airlines will stop flying to Nigeria next month, ending the carrier’s only route to Africa because of weakness in the energy sector and difficulties in collecting money from tickets sold in that country.
The daily route from Houston to Lagos had underachieved for years but was kept alive because of its importance to Texas-based customers, United Continental Holdings Inc. said in a note to employees on Wednesday. The last flight will be June 30, after which Delta Air Lines Inc. will be the only major U.S. carrier flying to Africa.

Nigeria has restricted the amount of money that can be moved abroad after the global slump in oil prices depleted the government’s U.S. currency reserves. The country owed airlines about $575 million in air fares as of March 31, according to the International Air Transport Association.

“Repatriation has been a significant issue, as has been the downturn in the energy sector,” said United spokesman Jonathan Guerin, who confirmed the note’s authenticity.



Passengers can still fly to Nigeria on United’s trans-Atlantic business partner, Deutsche Lufthansa AG, through a connection in Frankfurt. The Boeing Co. 787 serving Lagos will be used on the San Francisco-to-Tel Aviv route, which will expand to daily in October from three times weekly, according to the airline note.

bloodyBLOGGER:
Everyday on NL, I keep hearing talks of how the oil in the Niger delta is actually situated in the SE but piped down to the SS to make it look like it belongs to the Niger delta. I also hear talks of how the SS is also part of the 5% and belong to biafra.

Since the advent of the Niger delta avengers, pipeline vandalism by them has been confined to the SS alone. Their every act has been applauded by SE youths cos I see their comments on facebook and twitter a lot.

I ask, if the SE is truly the owner of all the oil the Niger deltans are claiming to have, how come the NDA is yet to blow up a single pipeline in the SE?

How come the NDA is only interested in destroying the land of the minority SS while championing a biafran course which is an igbo idea?

Will the igbos applaud them in the same manner they are doing if it was abia or anambra they were polluting?

ERockson:
We have seen protest from almost all states of the SW but not yet much from the SE. Hypocrisy or cowardice?

koboko69:
Subsidy Removal under Jonathan;

Jonathans government announced the total removal of subsidy on Jan 1 2012.

The Facts;

1. Oil sold at 113 usd per barrel as at Dec 31st 2011

2. The exchane rate as at Dec 2011 was 1 usd to N 162.3

3. Jonathan's Predecessor actually dropped PMS price from N75 to N65 and was able to sustain subsidy whilst handling the amnesty program for repentant millitants till his early dismiss.

4. A more bouyant foreign reserve and growing ecomomy.

The government's major basis of total removal of subsidy was sighted as massive corruption. Rather than deal with the monster, the incompetence of the government was shifted to the masses. Many Nigerians were not ready to make the government have more money to loot, as subsidy was still sustainable at that time.

After the Occupy Nigieria protests, the price of PMS was revised to N97 per littre, with the promise of urban busses, building and rehabilitation of refineries e.t.c. It is interesting to note that the only partially successful programme after the subsidy removal was SURE-P because some Nigeirans benefitted from it without the "u must know someone" clause. Till the exit of Jonathan's government, we had no functional refineries, neither were new ones built.

Please note, Boko Haram was more like rag tag millitant as at the time of subsidy removal but later grew to a sophisticated, machine guns, tanks rolling millitant. So BH as an excuse is not tenable.

Subsidy removal under President Buhari.

1. Oil price selling below 40usd per barrel

2. Exchange rate of N197-N199 to a dollar and N320 to a dollar in the parallel market.

3. An ailing economy, with limited FOREX, and dwindling reserves.

The major reason for the total removal of subsidy by the current government is because of scarcity of Forex and an ailing economy. NNPC could not sustain solely importing petroleum products, and there is not enough Forex to give major oil marketers to handle the importation of petroleum products. It should also be noted that the present government have been able to tackle corruption to a fault in the oil industry.

The oil Marketters have now been given the liberty to source forex from other sources to import fuel which is the major reason for the high price hike.

The current government have made moves which will see the price of PMS drop in the nearest future. For the first time in years we have the Warri, Kaduna, and Port Harcourt refineries working together but some misguided youths amd miscreants in the name of avengers have decided to keep sabotaging the efforts of the present government.
There are also moves on ground to build more refineries.

In my opinion, the deregulation of the lower stream sector is right on track at this time and I stand with Buhari on this.

For now i see no reason why this government should not be supported, as they still have more than 2 years to deliver. Should the government not meet up to expectations before next elections, then Nigerians can't take their anger to the polls.

God Bless Nigeria.

fileswizard1981:
A friend wrote:

The Notable Difference Between Jonathan And Buhari's Subsidy Removal

Subsidy Removal under Jonathan;

Jonathans government announced the total removal of subsidy on Jan 1 2012.

The Facts;

1. Oil sold at 113 usd per barrel as at Dec 31st 2011

2. The exchane rate as at Dec 2011 was 1 usd to N 162.3

3. Jonathan's Predecessor actually dropped PMS price from N75 to N65 and was able to sustain subsidy whilst handling the amnesty program for repentant millitants till his early dismiss.

4. A more bouyant foreign reserve and growing ecomomy.

The government's major basis of total removal of subsidy was sighted as massive corruption. Rather than deal with the monster, the incompetence of the government was shifted to the masses. Many Nigerians were not ready to make the government have more money to loot, as subsidy was still sustainable at that time.

After the Occupy Nigieria protests, the price of PMS was revised to N97 per littre, with the promise of urban busses, building and rehabilitation of refineries e.t.c. It is interesting to note that the only partially successful programme after the subsidy removal was SURE-P because some Nigeirans benefitted from it without the "u must know someone" clause. Till the exit of Jonathan's government, we had no functional refineries, neither were new ones built.

Please note, Boko Haram was more like rag tag millitant as at the time of subsidy removal but later grew to a sophisticated, machine guns, tanks rolling millitant. So BH as an excuse is not tenable.

Subsidy removal under President Buhari.

1. Oil price selling below 40usd per barrel

2. Exchange rate of N197-N199 to a dollar and N320 to a dollar in the parallel market.

3. An ailing economy, with limited FOREX, and dwindling reserves.

The major reason for the total removal of subsidy by the current government is because of scarcity of Forex and an ailing economy. NNPC could not sustain solely importing petroleum products, and there is not enough Forex to give major oil marketers to handle the importation of petroleum products. It should also be noted that the present government have been able to tackle corruption to a fault in the oil industry.

The oil Marketters have now been given the liberty to source forex from other sources to import fuel which is the major reason for the high price hike.

The current government have made moves which will see the price of PMS drop in the nearest future. For the first time in years we have the Warri, Kaduna, and Port Harcourt refineries working together but some misguided youths amd miscreants in the name of avengers have decided to keep sabotaging the efforts of the present government.
There are also moves on ground to build more refineries.

In my opinion, the deregulation of the lower stream sector is right on track at this time and I stand with Buhari on this.

For now i see no reason why this government should not be supported, as they still have more than 2 years to deliver. Should the government not meet up to expectations before next elections, then Nigerians can't take their anger to the polls.

God Bless Nigeria.

Quakertellicus1:
It was the right thing to do.

I opposed GEJ.....but his plan to remove the subsidy I did not oppose...because it made sense even then.

We can be thankful that our Government has the boldness to admit they were wrong...and make the necessary changes.

Anyone opposing this better recall that we are not masters of our destiny here. We need oil to be 123 USD per barrel....and right now, it sin't even at 50USD. Time we faced reality.

GEJ should have saved....but that means we would have had to take this decision next year.

God preserve Nigeria.

Jesusloveyou:
except only ipod in lagos, and that wil be the opportunity to throw them inside lagoon

Toks2008:


your last line justifies the position of Nigerians who were against the move.

cseejhay:
hello i pay homage ooo.....the gurus in the house; imperioux, walspring,slimmy2005,bigfrancis, and those whose monikers i cant remember, dannybrown my padi i hail....pls all i wish to have to have this the easiest way possible.. pls i want help on how to make payment for TOEFL here in naija, i have little or no idea on this subject.pls someone help me, though i missed a mouth watering offer from a brother in the house who offered me a TOEFL voucher for a very low price but schedule didnt let me make payment before it was sold.pls i need help.i need to make the payment before the run out of next week.thanks in anticipation.

Walspring:
@All

I need urgent help...

For those who are planning to send money to friends or families in Nigeria soon, I would like you to help me and trade with the dollars due to the exorbitant exchange rate at parallel market..

I will send/deposit naira cash to your receiver here in Nigeria while you help me with the US dollars, just like trade by barter and you let me know your exchange rate.

Although there was time someone posted on this thread about trading in such way and if you are the person please help me out.

greatiyk4u:
NIGERIAN BUDGET 2015 & 2016 COMPARED........

ROADS: 2016 - N268bn | 2015 - N18bn

POWER: 2016 - N99bn | 2015 - N5bn

HOUSING: 2016 - N66bn | 2015 - N1.8bn

TOTAL: 2016 - N433bn | 2015 - N24.8bn

OIL BENCHMARK: 2016 - $38/barrel | 2015 - $52/barrel


EXPLANATION:

2016: People's money put into people's project......that is Nigeria money 4 Nigeria masses

2015: People's money shared to Jonathan's loyalist....Nigeria money 4 PDP looters and loyalists

pepe4reps:

please,it's urgent,how can I pay for my GRE??

dramaka:

Please for those current students in the house studying in the U.S. that did not receive funding from their school, may I know how you've been paying your semester fees every now and then especially since this naira crash or dollar rise. Don't get me wrong now. What I mean is where your source of funding was actually naira in an account here, was it converted at black market or official rate? And via what means did you pay?

dramaka:


Kansas City, Missouri.

Guitarlife:

Hello bro, how will I pay for WES evaluation ?

lovarboy:
Am not really happy as nobody could even render me any help... Its not fair...
Just thinking if men were God

Tods:
Sorry is that ut Austin or ut Arlington?

biikeys:


How's UTA treating you?

dramaka:


Yes o! CBN forbids all banks.

I'm looking for guidance on cheap flight as well, but na only Google I know.
Does anyone in the house have expert advice abeg.

Activa:


Nigeria is lost to blind tribalism.

I thought an intelligent way to debunk the report is to analyze it point by point.

For example, was the contract awarded for N86billion?

Was a soil test done for the new runway?

Does the new runway flood?

Was the old runway done properly?

Is there a shuttle bus for passengers?

Is there a perimetre fence at the aiport?

Is there an Instrument Landing system?

Is the solar lighting on the runway working well?

Was there ever a case of a loiterer at the airport?

Can the runway accommodate big planes like Boeing 747 and 777?

Are the international airlines mentioned using the airport?

Rather than address the specific issues, you went for shameless dirty tribalism.

Is it that you lack logical reasoning? Is an airport with poor lighting, flooded runway, no ILS, no shuttle bus, no fence safe for human use?

Why are you not asking sensible questions about the shoddy execution of the contract? Abi na you be the yeye contractor?

Na wa for Nigerian youth. Many of them condone corruption more than the real thieves.

Mystiqme:


Please consider me sir, this offer looks sweet.

fulanimafia:


I don't think so.

APC still controls 22 states including Lagos (clear majority compared to PDP's 13), and we control the Federal Government that shares the revenue to all other states (including Rivers). Ameachi remains a Federal Minister of Transport while Dakuku Peterside is the new NIMASA Chairman.

Furthermore, Ameachi the Lion of Ubima retains his title as the Jonathan slayer that helped rescue Nigeria from the fangs of the PDP by kicking 'em out of Aso Rock.

We are still sitting pretty iyar'uwa .

miqos02:
Director-General of the Change Ambassadors of Nigeria (CAN), Chris Nwaokobia, has released a list of 40 achievements of President Muhammadu Buhari in nine months of his administration.


1. A frugal and prudent President as opposed to an era of profligacy.
2. From a near pariah status to its rightful place in the comity of nations.
3. Saved over 2Trillion through the Treasury Single Account TSA.
4. Renewed effort at diversifying our sources of revenue.
5. A reinvigorated war against corruption.
6. Allowing the independence of the Legislature.
7. Allowing the independence of the Judiciary.
8. Encouraging local content in production.
9. Encouraging pan Nigerian interest in local goods and services.
10. Protecting indigenous enterprise and businesses.
11. Strengthening institutions of government.
12. Introducing social securities and welfare as the linchpin of governmental engagement.
13. Providing for the feeding of school children.
14. Providing for the employment of additional 500,000 teachers in 1year.
15. Creating and funding a sub-regional force to curtail and defeat insurgency.
16. Funding and equipping the Armed Forces for National security.
17. Providing a window for the recruitment of additional 10,000 Policemen/women.
18. Inspiring Patriotism through a pan Nigerian engagement of functionaries of government.
19. Increasing Power wattage from less than 2,000 to over 5,000mega Watts.
20. Regaining all Nigerian territories hitherto under Boko Haram control.
21. Curbing corruption in the Customs and increasing the revenue that accrues through the Customs Service. 22. Recovering Billions of Dollars from Treasury looters.
23. Repositioning and restoring the productive capacities of our Refineries.
24. Suspending the drainpipe/scam called Fuel Subsidy.
25. Purging the Civil Service and removing close to 24,000 Ghost Workers.
26. Reworking our moral margins in governance.
27. Introducing fiscal and financial discipline.
28. Making accountability and transparency the only permissible minimum.
29. Reaching bilateral agreement with foreign nations to facilitate the repatriation of looted funds.
30. Attracting foreign/counterpart funding for the construction of ultra modern rail travel network across Nigeria.
31. Making financial provision for the 2nd Niger Bridge.
32. Increasing duties that accrue on imported goods, with intent to inspire and re-engineer exportation.
33. Bail out and support of States in paying salaries and workers emoluments.
34. A renewed public/private sector partnership on Agricultural development.
35. Financial provision for the Bank of Industries to support and fund agricultural projects.
36. A renewed effort at rehabilitating our national sporting facilities and stadiums.
37. Commissioning a North East development and intervention body.
38. Approving the Cleansing of the Niger Delta space to mitigate the damage of oil spillage.
39. The commitment of leadership to creating skill acquisition centres and support for SMEs in collaboration with the Private Sector.
40. None interference with Court judgments regarding election matters, and advancing the independence of the electoral process across the Nation.

http://www.nigerianbulletin.com/threads/can-lists-40-visible-achievements-of-president-buhari-in-9-months-full-list.181840/