89green:
What exactly are the functions of these reps??

Law making and oversight functions which is exactly what they are doing. Do you have any problems with that?

89green:
What exactly are the functions of these reps??

Law making and oversight functions. Do you have any problems with that?

cenaman:
Tinubu is a criminal

He is, but this criminality happened under Buhari, the worst President Nigeria ever had.

id4sho:
If legally done, no wahala then

You are clearly a part of the problem of Nigeria.

cenaman:
Tinubu is a criminal

How does it concern Thiefn..ubu....was he in power when the helicopters were sold...please allow him breath.

The quality and quantity of unpatriotic elements in Nigeria is just too much
The helicopters were in services
Working well
And the only ones available
No proper plan for replacing
Yet auction it away at a porridge price
Expected the federal government to address
What a country.

Zxcvbnmghtr:


Be careful. It's very easy to pick you up. Don't put your family and friends into misery.

Shut up coward. Pick him up for what.

poseidon12:


You are clearly a part of the problem of Nigeria.

OGA, use your head. Auctioneer was used and money was paid through remita.
WTF man

They should reveal the names of the private individuals who purchased the helicopters

poseidon12:


Shut up coward. Pick him up for what.

Lol 😆. Mr Lawyer.

id4sho:
If legally done, no wahala then

The only teaching aid the school have ooo,
Haba, my brother so what happen to the students?
No legality in this

SlavaUkraini:
And make sure you return their money to them as soon as you collect back the helicopter 🚁🚁🚁🚁

Na there problem go dey , this is how Nigerian govt perpetrates fraud everywhere including land sales , they will sell something to you and use another govt arm to collect it back without compensating you

aieromon:
Storm in a teacup.



https://dailytrust.com/ncat-auctions-2-helicopters-for-n940bn/



https://www.premiumtimesng.com/news/more-news/612734-why-how-we-auctioned-two-helicopters-nigerian-college-ncat.html

so they spent five billion to maintain it for ten years only to sell it for 1.2 billion? Nigeria is a joke.

Mindlog:
"Imalighwe told the committee that the helicopters were in service and being maintained by relevant aviation bodies when they were sold. The acting rector of the college also confirmed to the lawmakers that at the moment, there was no single helicopter in the institution for training".......Management of the institution sold their 2 helicopters that was still in working conditions to private individuals and presently their students have no helicopter to train with!

until corrupt officers are made to face a well constituted firing squad.....these criminals will not relent!

poseidon12:


Shut up coward. Pick him up for what.

You will know when you and him suddenly disappear from writing your nonsense on Nairaland.

cenaman:
Tinubu is a criminal

You are a waste of semen

I won't be surprised that one day we will wake up and hear that someone has sold the Abuja international airport to a certain individual. Why? Because government can not maintain it.

aieromon:
Storm in a teacup.



https://dailytrust.com/ncat-auctions-2-helicopters-for-n940bn/



https://www.premiumtimesng.com/news/more-news/612734-why-how-we-auctioned-two-helicopters-nigerian-college-ncat.html

The only sensible and relevant post on the matter.

The college even did everything by the book. Monies were remitted directly to government, not to anyone's bank account

greenermodels:
so they spent five billion to maintain it for ten years only to sell it for 1.2 billion? Nigeria is a joke.

Not defending corruption in government, but I recall something my Intro-tech teacher back in the day said about buying a new car... that the minute you buy it, it begins to depreciate.

Same thing for the helicopters. The minute they were made self, the clock was ticking. Maintenance would only keep them from falling apart earlier than expected. It can't stop the depreciation. That's why tokumbo cars are cheaper than brand new off the factory cars.

While I find the price 'cheap'...and there may be wuru wuru, I won't be surprised if it was not that cheap really, given ten years of depreciation. I most certainly won't expect it to cost 10 billion though.

As for maintenance being expensive....well, you know why we Africans should make our own stuff now. Once you are saddled with a high end foreign thing, to even source for spare parts, you have to order for it from abroad. And you even have to pay for the mechanic that would service it from abroad. Better we start making things like helicopters here in Nigeria, so that we can save a lotta money.

cenaman:
Tinubu is a criminal

The helicopters was sold on the 7th April 2023.Tinubu assumed office as the president on May 29th 2023 and you can him a criminal.You must be an Obidient.

cenaman:
Tinubu is a criminal

You are a slowpoke

89green:
What exactly are the functions of these reps??

Lawmaking and Oversight

Dbegining:
Madness!!

The first question that should be asked is, who sold the copters to those individuals and what punishment have been meted to them to ensure they don't do such again?

That's one issue with the Nigerian govt. Bo punishment for wrong doing so there's nore than enough incentive to do rubbish.

Now, they want to g and bully those that bought the copters with their hard earned money. If they want the copters back, they should buy them back!

After all those individuals didn't get them for free.

You are speaking like you didn't have an idea that those who sold it might have sold it to themselves for peanuts. That's why they refused to sell it to three different security agencies that showed interest. That's also the reason why they refused to produce the documents relating to their sales . The sellers are the buyers, they can't be left alone.

aieromon:
Storm in a teacup.



https://dailytrust.com/ncat-auctions-2-helicopters-for-n940bn/



https://www.premiumtimesng.com/news/more-news/612734-why-how-we-auctioned-two-helicopters-nigerian-college-ncat.html

Bold face falsehood

"According to him, the auctioneer paid $275,782,661.25 and $280,417,661.25 (totalling N1.2 billion) vide FGN Remita receipts bearing reference numbers 3008-4333-3046 and 1008-4304-1098, accordingly."[b][/b].

How is it possible for $275,782,661.25 and $280,417,661.35 amounts to N1.2 Billion. What exchange rate did he used to get N1.2 Billion.

He is still economical with the truth.

nairalanda1:


The only sensible and relevant post on the matter.

The college even did everything by the book. Monies were remitted directly to government, not to anyone's bank account

The figures therein doesn't add up

Housing:


Bold face falsehood

How is it possible for $275,782,661.25 and $280,417,661.35 amounts to N1.2 Billion. What exchange rate did he used to get N1.2 Billion.

He is still economical with the truth.

It might be reporter's error. Total cost of auction sales was 1,200,000 USD.

The helicopters, a Bell 206L4 BZB and a Bell M2061-L4, were reportedly sold for $650,000 and $550,000 respectively in May 2023, with approval from the Federal Ministry of Works and Ministry of Aviation.

https://nairametrics.com/2024/02/18/reps-launches-probe-into-ncats-sale-of-2-helicopters-at-80-discount/

The Committee lamented that Bell 206L4 BZB and Bell M2061- L4 helicopters bought at about 7 million dollars will be sold at a ridiculous amount to private individuals for less than 20 percent of the cost price.

The Committee also noted that the amount NCAT claimed to have been paid to the treasury of government in June last year is far less than the $1.2 million they agreed to have been collected for the sale of the two helicopters given the exchange rate at that time.

https://dailypost.ng/2024/02/16/reps-committee-grills-college-of-aviation-over-controversial-sales-of-2-helicopters/