Arik Air and Med view. Over to you guys. Come up with a catchy ad : "You don't have to pay in dollars to fly abroad"

The sad issue is that Buhari's "economic plan" is still on the drawing board. They are still "planning to" and "hoping to" start economic stimulus

Honestly one can't pinpoint were these smoke is coming from. Things are getting more terrible in this country of ours.

So true. I wish he gets impeached

amtaken:
Buhari should resign at this point if he really loves Nigeria like he claims.

Welcome to change.


Mxm.

Naija, it's just a matter of time and other sectors would follow suit. Companies in a bid to obtain forex will ask customers to pay in dollars thereby dollarizing the economy.

Who brought us to this level?

When will we get there?





#TeamMimzy

vedaxcool:


For your mind you don make sensible comment. shior.


Other passengers who are unable to pay for tickets using elevated black markets may have to fly local carriers such as Arik to other countries.

That is your solution unless arik doesn't fly there make we manage this dollar scarcity.

its bad to reason with ass. simple law of demand & supply, u no sabi. u think sey arik plight all route & get capacity to satisfy the demand of all travellers? smh

Someone is standing his ground against devaluation when the Naira has already been devalued for us. Such a joke.

K

Boeing777pilot:
Arik Air and Med view. Over to you guys.
Come up with a catchy ad : "You don't have to pay in dollars to fly abroad"

Their technical partners will soon start making noise just watch out

Those who can afford it should.....Buhari





If you cant the use Arik air. Those who can afford it should.....Buhari





If you cant the use Arik air.

[s]

otitokoroleti:
its bad to reason with ass. simple law of demand & supply, u no sabi. u think sey arik plight all route & get capacity to satisfy the demand of all travellers? smh

[/s]

reading under the influence is almost like lying you dream up a cockkkk and bull story

Arik does not have the capacity to handle the demand, and if we say they can expand where will they get the forex to buy/lease aircraft, pay for landing slots etc?

Tokety7:
Foreign company losses, Arik gain. ( local contents).

Of course the solution is simple....bring in new forex.

Which can only come in for now from oil.

Long term.....Nigeria becomes a manufacturer.

The thing is...the good times of oil boom are over.Now...we have to conserve dollars.

Those who can afford it should.....Buhari





If you cant then use Arik air. .

Koddedtinz:
Someone is standing his ground against devaluation when the Naira has already been devalued for us. Such a joke.

Devaluing the naira won't help much. At worst....it means you need more naira to get one dollar at the official rate...and it would be much higher in the unofficial market.

The real problem is lack of forex. Which.....let's be honest...can be solved if oil prices go up again (short term)....but long term....if Nigeria becomes a industrial power....exporting goods for forex.

(Agric has had its day).

SLIDEwaxie:
why don't u jump for joy?
Of what joy is it to see foreigners milking u right in ur country?

Naira is the medium of exchange, they're asking for dollars....and ure saying rubbish... Claiming u said it.

Whybsnt u try and buy goods with naira in the US?

Mr man were they collecting dollars in all their years of operations on here. Some nonsense have given birth to other nonsenses and you are here saying what I can't fathom.

onatisi:
This was bound to happen sooner or later .

dude are you some sort of a political cum economic prophet? you always seem to see ahead into the economic terrains of the Nigerian project...

Praisemelody:
Who brought us to this level?

Nigeria has always been dependent on the revenue from selling raw materials.Once the price goes up....we can spend money on anything. GEJ...had a ''prosperous'' economy because he had enough forex to spend due to high oil prices. Buhari does not have that benefit....and he has to restrict forex to prevent things from getting worse.

The solution is simple.We have to stop relying on agric,oil, mining etc....and start relying on innovation and industrial development. And we can get there by spending more on power and transport....and less on subsides, and jamboree projects.

igboboy3:
The sad issue is that Buhari's "economic plan" is still on the drawing board. They are still "planning to" and "hoping to" start economic stimulus

There is an economic plan. It involves restricting imports of things we can make at home...and importing only the very necessary stuff.

It also involves ''diversification''.

Sorry for those that are still stuck in that place especially the southerns. You have been surrounded by fulani herdsmen, Buhari has negotiated with all the neighboring countries like Benin, Cameroon and chad and Niger to tighten their boarders against escapees. Now people can even afford airline tickets to run away. The pounding of South will soon begin.

Tokety7:
Foreign company losses, Arik gain. ( local contents).

And Buhari and his family all fly BA first class!

Bleep united and delta airlines. I just hate all this stupid American things

omohayek:
I await the responses from all of the economically illiterate Buhari apologists who will "explain" how this is supposedly a "good" thing, how foreign airlines are only "portfolio" investors, and how this shows that "buying local" is the answer to all of Nigeria's problems.

There's just no way around it: Buhari's nonsensical economic policies are threatening to undo any good that may result from his alleged "war on corruption". It's simply astonishing that the man should have spent 30 years in the wilderness seeking to regain power, without ever bothering to at least try and learn the rudiments of economics in the meantime. Unlike Obasanjo with his farms and Transparency International work, it's not as if Buhari was particularly busy doing anything else either!

If only we can suggest solution...


An opportunity just present itself for Local Airline to thrive if only they can UP their game and standard. People won't have alternative than to fly them since they collect naira.

What do you think?

Quakertellicus1:


Devaluing the naira won't help much. At worst....it means you need more naira to get one dollar at the official rate...and it would be much higher in the unofficial market.

The real problem is lack of forex. Which.....let's be honest...can be solved if oil prices go up again (short term)....but long term....if Nigeria becomes a industrial power....exporting goods for forex.

(Agric has had its day).

why would it be much higher in the unofficial market? Usually after devaluation, the difference between CBN and parallel markets isn't much.

adconline:

And Buhari and his family all fly BA first class!

Then again, if they can afford it...so be it.

Unless you want to get your legislator to pass a bill reducing the amount of money we pay our leaders in salary to N100000 monthly.

NavierStokes:


My brother, it's a domino that will definitely touch every aspect of our existence as a country. We will soon all be confined to within our country becoming an African North Korea.
#AfricanNorthKoreainthemaking#

brainwashed spotted. You cancel this!! You cancel your life.

Koddedtinz:
why would it be much higher in the unofficial market? Usually after devaluation, the difference between CBN and parallel markets isn't much.

From previous experience....once devaluation occurs...the rate in the parallel market always goes up at a higher rate than the official rate.

That is how it has been since the 1980's...when we brought in the two-tier system.

And it is like that because there is relative scarcity in the parallel market of dollars. Even when the times are good. (Add the fact that the parallel market is a bit risky...).

Devaluation won't solve the scarcity of forex problem.

GodMode:


when u marry me

Chai....e go tey b dat ooo!!!