tempest01:


You are a nobody. U know nothing. I have set up a business from scratch, and i have sold it. A business that has overcome the start up phase where the risks are the greatest and then is generating revenue, if a % is sold, 100% of that price will most likely exceed the total cost of setting up the business. If it is so, why don't you go and be buying up large businesses, since it is cheap. olodo

RevenGeMission:





Una do well weldone , with all your sense i doubt you own a business in reality the same way Dy/Dx is useless for you now is the same way your poly or Uni degree in economics and business administration is useless

Reality is different

strangest:


You are not making sense, your initial post leaks of tribalism.. You think everyone is engulfed in your pdp apc tussle.... Some of us are interested in having a home in Naija

FastShipping:
"Am"

I hate reading a sentence starting with "Am" instead of "I am or I'm".

tempest01:


You are a nobody. U know nothing. I have set up a business from scratch, and i have sold it. A business that has overcome the start up phase where the risks are the greatest and then is generating revenue, if a % is sold, 100% of that price will most likely exceed the total cost of setting up the business. If it is so, why don't you go and be buying up large businesses, since it is cheap. olodo

RevenGeMission:
That typical mentality , You are too blind to note that your brothers and sisters are the ones condemning everything progressive this administration has done ? suddenly you turned to accountants, investigators , mathematicians , scientists e.t.c

Who gives a shyytt how much it cost ? what does it matter how much it costs , it's great achievement for Nigeria and Nigerians and we all should applaud it , why must you complain ??

The thread on the Tuscano Jet purchase was about 7 pages long and it's full of hate , anger and all sorts of slandering this administration they asked why should it take long to deliver, why should it cost $500M when a unit costs $45M , turns out that cost is standard configuration and they didn't factor in weapons, delivery , spare parts and aviation contractors who would be training our pilots


When we talk , you accuse us of tribalism but in reality you and your types who see the madness and refuse to condemn it are the hypocrites

When a national newspaper editor goes on record to call a tribe sophiscated mowrons over a well deserved award then you know it's not a joking matter

strangest:



Sorry how old are you? I ask because transferred aggression and tribalism is really killing you...

RevenGeMission:
That typical mentality , You are too blind to note that your brothers and sisters are the ones condemning everything progressive this administration has done ? suddenly you turned to accountants, investigators , mathematicians , scientists e.t.c

Who gives a shyytt how much it cost ? what does it matter how much it costs , it's great achievement for Nigeria and Nigerians and we all should applaud it , why must you complain ??

The thread on the Tuscano Jet purchase was about 7 pages long and it's full of hate , anger and all sorts of slandering this administration they asked why should it take long to deliver, why should it cost $500M when a unit costs $45M , turns out that cost is standard configuration and they didn't factor in weapons, delivery , spare parts and aviation contractors who would be training our pilots


When we talk , you accuse us of tribalism but in reality you and your types who see the madness and refuse to condemn it are the hypocrites

When a national newspaper editor goes on record to call a tribe sophiscated mowrons over a well deserved award then you know it's not a joking matter

RevenGeMission:
That typical mentality , You are too blind to note that your brothers and sisters are the ones condemning everything progressive this administration has done ? suddenly you turned to accountants, investigators , mathematicians , scientists e.t.c

Who gives a shyytt how much it cost ? what does it matter how much it costs , it's great achievement for Nigeria and Nigerians and we all should applaud it , why must you complain ??

The thread on the Tuscano Jet purchase was about 7 pages long and it's full of hate , anger and all sorts of slandering this administration they asked why should it take long to deliver, why should it cost $500M when a unit costs $45M , turns out that cost is standard configuration and they didn't factor in weapons, delivery , spare parts and aviation contractors who would be training our pilots


When we talk , you accuse us of tribalism but in reality you and your types who see the madness and refuse to condemn it are the hypocrites

When a national newspaper editor goes on record to call a tribe sophiscated mowrons over a well deserved award then you know it's not a joking matter

allexpensive:

Are you saying the A-29 procurement does not include training, ammunition and facility?

Where did that lie come from?

Alariiwo:


looks like an Igbo Muslim.. don't you think?

RevenGeMission:


Omowe, Nigeria is just starting up it's independent airline, it costs a lot and the risks are hgreat

RevenGeMission:


Maybe if you read it upside down you'll get it ?

strangest:
Former Amocom boss and son of the late great Mathematician, Chike Obi tweeted on Air Nigeria.... Please is it actually true... I mean his tweets

Am baffled. Air France/KLM paid 286 million dollars for 31% of Virgin Atlantic last year, but we are putting up 300 million dollars for 5% of a start-up airline?? Would really appreciate a rational explanation.

BeeBeeOoh:
Your second paragraph showed how high your level of thinking is. Thanks for the compliments though



Am baffled. Air France/KLM paid 286 million dollars for 31% of Virgin Atlantic last year, but we are putting up 300 million dollars for 5% of a start-up airline?? Would really appreciate a rational explanation.

Explain the bolded for us. Thanks

PassingShot:

Completely wrong information. The total initial required capital is $300m out of which we pay only 5% which is $15m.

The AMCON former CEO is either genuinely confused or he's up to some mischief.

If $300m is 5% as he claims, is $6bn (which will be 100% if he is correct) the total initial capital required?

Too many bad belle people everywhere.

BeeBeeOoh:
It's now clearer a bit to me, but are you really sure of what you just said? Na Nigeria matter we dey talk so oh.

If I may ask, if the FG pay $15m who are those private ....... that will pay up the remaining 95%.

Correct me if I'm wrong

PassingShot:

I am 100% sure of what I said. It's based on what Reuter and Hadi Sirika reported.

The remaining 95% will be paid by the investors which is looking like Qatar Airways and/or Ethiopian Airline.

I intend to do a short thread to correct the misrepresentation of this Mustafa of a man. It's ridiculously mischievous.

RevenGeMission:
Just imagine the level of hate stemming from some region ?

An existing airline was purchased and the cost is being compared to a startup of an airline

The Idiot with suspicious names is living in his father's shadow

cvibe2:
But seriously, how much are the 95 percent owners of Nigeria Air bringing to the table if Govt with 5% are the one bringing out 300m usd.

Something is fishy.

LaudableXX:

Did you even understand the comparison being made, before hitting your keyboard??

tempest01:


You are a nobody. U know nothing. I have set up a business from scratch, and i have sold it. A business that has overcome the start up phase where the risks are the greatest and then is generating revenue, if a % is sold, 100% of that price will most likely exceed the total cost of setting up the business. If it is so, why don't you go and be buying up large businesses, since it is cheap. olodo

obailala:
How exactly is the cost of Virgin Atlantic a proper yardstick to measure the supposed cost of every other airline?... If 31% of Virgin is worth $286m, does that automatically mean the value of 31% of Airline B must also be in the range of $283m irrespective of fleet size?... The comparison by Mustafa is irrelevant.

LaudableXX:

Oh,how would the new Nigerian Air which has not started operations yet and has posted zero revenue, have its shares more highly valued than those of Virgin Atlantic that has been running for years, owns multiple assets and has a large fleet size? Can a business who value is yet to be determined and currently has zero value, be worth more than an enterprise which already exists, and has churned out profits before recording a loss in just one year?