₦airaland Forum

MrPADDY:
Don't be angry. Na your president cause am. He promised to lead the war, at the front, against insecurity in Nigeria. It was all a scam to collect our votes. Here we raw are. Insurgency, banditry, kidnapping, terrorism, armed robbery are the order of the day.

MrPADDY:
Are you one of them?

MrPADDY:
Back to sender

MrPADDY:
Na wao. Armed robbery still de?

freshbillz15:
As in real Bleep up man , but luckily for me I spoke with the customer care the money has been added to my sporty bet account the 77k , and the account has been restricted I can only access it tomorrow and after I access it I still need to speak with the agent for full reactivation

MoDaniel:
You are saying nothing but the truth. Even as at now, the school is still a glorified secondary school.

post=108730333:
Dem go do boil am chop by now.

Na dem....

Iamvetlander:
What is that?

CAPITALBEE:


This is very ridiculous coming at a point when people are looking for alternate means for cooking due to increase in gas prices... Nasarrawa ranks top when it comes average gas prices per KG in North Central... See NBS stat as at June in picture attached below and we all know what the market is saying presently

Public policies have to be redefined in this country. If tree falling or burning for charcoals still happen in the state despite different laws and measures put in place, then it has to do with implementation of those laws.

You can't just be churning out laws expecting that the laws will implement itself.

There are more better ways to achieve the so called environmental protection that the state is pursuing.

blowjohn:
Na why I no like to go ceremonies.
Plenty low standard food. With 1 piecr of meat.

blowjohn:
Hmm at 5k per person that is 1.25 million.

So what about drinks?
What about the people she will pay to cook with her?
What about her own professional fee?

Jeromejnr:
That guy is lying. Her story is real.

blowjohn:
Then na poor man food.

casppyjay:
serap go handle diz case soon

Fortune118005:
Chai na wa o
Some people and lie ehn

blowjohn:
How do u cook food for 250 people at a cost of 1.6 million naira?
Na eba and groundnut u wan serve ni?

And a classy meal at that!
Lies!

alexvic12:
This is a false story!

The transaction screenshot was shared on Whatsapp earlier by Kenny Nwokoye (one of the biggest affiliate marketers in Nigeria).

One of his mentees sent that screenshot to thank him for his guidance.

Imagine my surprise on seeing the same screenshot used in some made-up fiction!

Liars everywhere.

adecz:



❌❌

Showing your dad's hot tears
to the world because of a 20 year
old second hand ( not Belgium sef) car❓❓☹️

iCauseTrouble:
If not for the billionaire status of her dad, most Nigerians won't know her

WesternOligarch:
Instead of being a solution to the problem you're writing poems about the problem.

LagBlogger:
Fool. I will hire you for your entire career with one year income.

LagBlogger:
Nna na correct 4g phone wey be say your salary for 1 year fit hear am.

Come and work for me, my hustle will settle your financial problems.

stuffs4me:
Ndi mkpuru-miri. Sense no dey your head.

You must be high on mkpuru-miri. Allen Onyema of Air Peace is a wanted criminal and a disgrace to Nigeria.

LagBlogger:
Yeah shut up your stinking @#$ho+e.

Then breathe in to regulate your temperature and get oxygen supplied to your #$ck brain.

tshtsh:
As a business man I want to believe he studied the arik situation and must have learnt not to repeat the same mistakes. In my own opinion arik went bankrupt for the following reasons :

1. High cost of operation. The airline had a large workforce of expatriates which cost them millions of dollars in salaries and benefits.
2. Use of wrong aircrafts: Boeing and airbus are expensive aircrafts compared to bombadier and embraer. For short routes such as Lagos to port harcourt with passengers paying 30k - 40k boeing is a bit of a luxury. its engines, airframe and fueling costs are higher than what bombadier and embraer will offer. Also those aircrafts arik used on the domestic scene(737-700/800) are what ethiopian and kenya airways use for regional flights of 4 - 6 hours . An aircraft engine typically has a maximum number of cycles before an engine change is due. Thus a kenya airways will generate more money from flying from nairobi to lagos and back utilising just cycles on its engines. In the same duration arik will generate less money on its domestic routes and utilize 8 cycles in a day. Thus arik's cost of engine maintenance and overhaul will most likely double that of an airline that deploys its 737-700/800 appropriately.
3. Lack of MRO facility for its fleet necessitating increased cost of maintenance.
4. Zero corporate governance. The founding CEO's son had 3 years of banking experience and emerged CEO of arik thereafter. I believe aviation is one of the most difficult and complex businesses out there thus assigning a CEO with limited skills and experience in the sector fuelled some of the wrong decisions that were made.
5. High cost of funds: Arik borrowed money from nigerian commercial banks at 24% interest rate . In aviation you need single digit funding to survive. At the time arik borrowed $240 million from a nigerian bank the naira to dollars exchange rate was 159. At the time they were paying back it was 360.
6. Operating environment was harsh.
7. Their decision to operate into london heathrow and JFK further compounded their problems. Kenya airways sold one of its slots at london heathrow to oman air for GBP80 million. Arik wasnt financilly strong enough to expand its operations to heathrow.
8. Acquisition of 2 A340 aircrafts at a time airlines were disposing them due to their high fuel consumption and 4-engined nature.

Anybody investing in commercial aviation should learn from arik's fall and the fall of many other airlines prior to arik. Commercial aviation is generally not a profitable business yet it is very capital intensive. Air peace has a great opportunity to become a strong carrier if and only if they operate with prudence and strategically.

LagBlogger:
Na so Arik take start.

So so new aircraft till Amcon took over.