caphone:
Let them go abeg, its high time we start to operate our airline cuz so called forieng airline will be milking nd treating our people at exhorbitant rates and now cuz we want to revvamp nd develop they think they can threathen us, ffuvk em make dem no come baq sef

NavierStokes:



Does this government strike you as one with mindset of diversifying it encouraging local production. They say one thing and do another, the flood gates will soon be open for Chinese goods to come in and don't forget the arbitrage that will begin to take place with currency change or swap whatever the foreign affairs minister meant. People will convert their money's to yuan at (30 something naira to the yuan, 199 naira to the dollar) take it abroad to convert to dollars and bring it back here to sell at 320.

Farmers are being discouraged everyday with the fulani herdsmen menace. Uhmmmm even stops to think, where are we diversifying towards.

JustCalMeDBoss:
No country survives by isolating itself it only means if other countries follows suite pls like dangote, gtb, glo profit would be trapped I. Other countries also. Nigerians are in for a tough time than ever.

NavierStokes:


Exactly what I stated that our airline be given preferences. It's same with every country you visit, whether Heathrow, Charles De gaulle, Frankfurt, schiphol, JFK, malpensa everywhere.

Mediocrity fears competition, the very reason we will want to push out every airline even before we plan to site ours.

Saying only IBERIA has left, i would say something, someone has to make the first move, Venezuela is on screen for us to see. You need to understand that others have been preparing to leave as well, some are Having to make difficult decisions, like using smaller aircrafts, downsizing plus issues with their operations and having to deal with not being able to repatriate their profits back home.

My God we have a Maduro on our hands, I have been saying this here for months.

omonnakoda:
Not sure why you choose to direct a rant about mediocrity at ME
Is there a strategy to push out airlines? What are you on about? The reality is we have an economic crisis and we do not have the dollars to give them. That is the starting point so they can either whether the storm or leave and return when things improve.
Given the limited foreign reserves( not enough for 6 months imports) do you have any constructive suggestions about where to get dollars rather than indulge in unjustified ranting. What is a "Maduro" What should Maduro have done that he did not do. The Venezuelan economy has long term problems based on a failure to diversify and dependence on imports. No one can solve that in 2 or 3 years so spare me the tantrums and offer concrete suggestions that we can debate

NavierStokes:


Sorry about your thoughts. Talking about mediocrity it was never directed at you. Sorry if it came across that way . Thing is the policies are stifling many businesses. The government has been advised on what to do, but they have chose to remain headstrong that's the thing. They are towing Maduro's line step by step, and we shouldn't expect to do the same thing and expect a different result.

omonnakoda:
What is "maduro's Line" That is not an argument that is just Lazy pseudo intellectualism
What is Maduro not doing that you suggest he do I ask once again. What is he doing that he should stop.Rather than spout dogmatic heuristics have you got any suggested alternatives

NavierStokes:


If you feel Maduro is doing very well with Venezuela then it's a pity, or that the currency control in place in Nigeria is equally good. Then I really would not have much to say then.

6digitscomrade:
ok my dear u gat it..anytime i hear that name OLIVIA..it reminds me of 50cent CANDY SHOP FT OLIVIA..and olivias are always beautiful with extreme sexual appeals dont be flattered although the naughty part is that they appear flirty.that is cuz men misunderstand sexual appeal for flirting acts..well no one is perfect..back to the topic..now that candy shop 50cent said life is a race to her(olivia)so UnCloth quicker..which has always been fav.line..infact am playing the track ryt now..and when i checked ur profile ..hummmm i saw u wrote life is a race there..so olivia will i be outta place to call u weirdlol

ifenes:
Change is not easy. It goes through a painful process. If you want change,be ready to suffer a bit. Nigeria is undergoing the right process and at some point,her citizens will realize it.

Oliviaxx:


Well actually I didnt know that. My own 'life is a race' comes from the movie '3 idiots'

omonnakoda:
Is that an answer?
I do not know whether he is doing well or not. YOU do you are the expert so answer the question.What should he do.What should he stop doing. It is easy to sit in front of a computer and throw tantrums.The real world is very different.

If the currency control in Nigeria is wrong can you proffer an alternative. What do you mean by "GOOD" is it now about good and bad. Please offer concrete alternatives and some ranting

NavierStokes:


First of all calling me an expert would be a hype the real experts (IMF) plus other finance guys have long ago advised this government in all they need to do to manage this situation but then our Petroleum/Finance/Foreign Affairs minister cum CBN governor has deliberately decided to go on with personal sentiments rather than expert opinion. What is the need of making suggestions that will not be implemented. This government already has sall it takes to succeed unfortunately stubbornness may make us follow the corpse into the ground. A lot of mistakes have been made already with the delays and head stringers of thesis government

NavierStokes:


First of all calling me an expert would be a hype the real experts (IMF) plus other finance guys have long ago advised this government in all they need to do to manage this situation but then our Petroleum/Finance/Foreign Affairs minister cum CBN governor has deliberately decided to go on with personal sentiments rather than expert opinion. What is the need of making suggestions that will not be implemented. This government already had all it takes to succeed unfortunately stubbornness may make them drag us all like a fly that follows the corpse into the ground. A lot of mistakes have been made already with the needless delays, cluelessness, confusionist policies and intransigence of this government.
My teachers said a stitch in time saves 9 but they acted otherwise.

tobimillar:
Make them go, another airline will come

jayriginal:


Did you really say this?

My goodness!

In reality what you are seeing is the effect of 16 years of PDP misrule and devastation. We had years of plenty and we didn't prepare. How do you expect us to fare in the years of famine?

Nigerians want short term solutions and that is what got us in this sad situation. That is why our politicians are able to hoodwink us and rob us of our heritage. They dine fat on our wealth and throw crumbs at us because we don't demand for better. We live for today, not for tomorrow.

We need change, but it must start from the mind first. That's the most important change.

omonnakoda:

IMF Real experts?
Don't be ridiculous. What is this advice exactly ? can you articulate it or you do not know?
IMF has been advising Nigeria since 1984 when dollar was 1:1 .

Maybe we need new advisers

The truth is you have nothing to offer just empty grandstanding.

We have not got the dollars to give Iberia and that is just too bad. If they cannot make a profit buying at parallel market rates then it is rational for them to quit.That is in their best interest.WE TOO must act in our best interest. The supply of dollars is limited so there must be priorities and in such a situation there will be some LOSERS. That is unavoidable
Retaining Iberia in Nigeria is not a priority. A sensible individual would ask "How well is Iberia doing as a business generally outside Nigeria?? What you do not know is Iberia and BA are part of the same company IAG so they have clearly decided to remove Iberia and leave BA ,WHY?

onatisi:

ifenes:
Change is not easy. It goes through a painful process. If you want change,be ready to suffer a bit. Nigeria is undergoing the right process and at some point,her citizens will realize it.

signz:


Chim

Nairalanders we have a TB Joshua in our midst. But of course a prophet is without honour in his land.

grandstar:


You are completely wrong here.

The bucks stops with Buhari

When he assumed power, his first step was to prevent the further depreciation of the currency. This was irresponsible. He thinks devaluation just falls from the sky.

This has led to a massive shortage of forex which is devastating the economy and is what led to the exit of Iberia. It is all his fault there.

What about petrol? Kachickwu advised him to deregulate the price of petrol and kerosene. Buhari refused. If he had, we won't be faced with the petrol scarcity today. Diesel price is deregulated hence, no scarcity.

GEJ tried to deregulate the price of petrol in 2012 but the massive protest against the policy killed it. Buhari who was in a much better position to do so refused.

Buhari's integrity does not overcome is woeful understanding of economics. Worse, he imposing the nonsense on the country. I have written off the economy ever since he introduced the forex restrictions.

Sanusi, Soludo and Utomi have all condemned his policies

NavierStokes:



Anyways keep living in dreamland why the rug is pulled off under our feet. I don't have to tell you about IMF's recommendations and your reference to 1984 have you bothered to find out why it didn't work or like every other African you are displaying paranoia at every thing west.

SAP failed because of the corruption orchestrated by IBB and so, who weren't exactly interested in any structural adjustments and saw it all as opportunity to enrich themselves. Without implementing recommendations to the latter. More than 34 countries went through the process then only Ghana is referred to as having followed through. The outcome, by the 1990's until recently everyone commends Ghana and Ghanaian institutions.

omonnakoda:
Stop changing the subject. What is the Maduro Line. What should he do differently.What should we do differently? Those are the questions I asked. Where do we get the dollars to give Iberia? Those questions need answers.

It is easy to criticize. What are your suggestions. On this particular Iberia issue.What could have been done differently?

NavierStokes:


You keep sticking to the same spot, If you read my previous posts you will see that I have been arguing on the part of the numerous experts advice this government has been receiving sinxe they got in. I really hope you it see now.

NavierStokes:


This "change" is an invitation to anarchy, but some of these kids will come here talking nonsense in defense of their god.
the great philosopher, Alfred North Whitehead had rightly said that"the art of progress is preserving order amidst change and change amidst order" from this it is evident that we are changing without making progress.

A good look all around us and you see anarchy brewing, police kidnapping citizens for ransom , robbery, cultism, vandalism, insecurities, brazen insensitivity displayed from the presidency downwards etc

We really need to redefine our democracy in my own opinion, giving weights to certain people, how can a learned professor of economics and a local agbero be entitled to one vote each.

Damn.

omonnakoda:
Stop changing the subject. What is the Maduro Line. What should he do differently.What should we do differently? Those are the questions I asked. Where do we get the dollars to give Iberia? Those questions need answers.

It is easy to criticize. What are your suggestions. On this particular Iberia issue.What could have been done differently?
The IMF advice is to devalue .The currency is already devalued at the parallel market so Iberia could easily buy there. How are the scenarios different? All they need to do is to increase prices and see if the market would tolerate it. Ultimately it comes down to whether currently Nigerians can afford their services now

You talked about Maduro but cannot come up with anything meaningful when called out

omonnakoda:
What exactly should government do. What could they have done differently that would have kept Iberia here

Answer the question about Maduro please

NavierStokes:


Hehehe at this point I will refuse to speak further if you deliberately feign ignorance about Maduro or the outcry within our economy in terms of approaches or policies to be enacted.