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Investment › Re: MMM: Benue Woman Commits Suicide by Reference(m): 8:45am On Jan 26, 2017
TVTKOKO:
shocked shocked :oD :oD
Eyaf start o.. For those people shouting blood upandan.. There's no blood anywhere on anybody. They were not forced to participate.. It's greed. Greed kills
Blood as in death. Guilty conscience when you see those you robbed poor, wretched, in tears and pain. You can never escape it. Your pain is coming too, fully loaded. Business is for mutual gain. This is no business. No value create. Just take, rob one by false pretenses to give another, preying on the ignorance of others.
Investment › Re: MMM: Benue Woman Commits Suicide by Reference(m): 8:33am On Jan 26, 2017
Stupid people. The blood of that woman and others are on the heads of the promoters of this criminal scheme. When I first heard about the scheme in October I sent out a memo to all my staff threatening them with immediate dismisal should anyone be found to be involved and warned each of my family members not to even harbour a thought of joining for a second.

How a man will permit this evil scheme to infiltrate his home to the point of destroying it is beyond me. The man is silly and shares the blame because he should know better. I can excuse women because they are largely short term thinkers and impulsive actors. That is why they have a man to shield them from harm by critical, experienced, considerate reasoning in all matters.

400 thousand is paltry sum but it appears it drove that woman to suicide which means it meant a lot in relative terms to them. Such transaction should not go un-noticed in a family set up. I blame the man.
Politics › Re: Discos Rejecting Load – Kanji MD by Reference(m): 8:17am On Jan 26, 2017
If I owned one of the DISCOS my investment will naturally gravitate to customers who can and who will pay. It is not right or reasonable to attempt to serve everybody at any cost. It took several years to build the GSM network. Today not everyone has phones while some have a dozen. Why must we think everyone must be connected at the expense of quality.
Politics › Re: Discos Rejecting Load – Kanji MD by Reference(m): 8:02am On Jan 26, 2017
chyket:
If Nigeria does not amend the constitution and remove power from exclusive list of Federal govt,we will never have improved electricity!!!.The situation where you generate electricity from hydro,solar etc and you still end up passing it on to federal govt via Transition company of Nigeria is faulty.Company should be allowed to generate and transmit electricity and then pay taxes to federal govt.
You know we debated this when power was being privatised and I warned that a single transmission company especially one controlled by the government was inimical to development.

Explaining the scenario. When Nitel collapsed and GSM came, what we saw was an initial roll out in MAJOR CITIES to HIGH NETWORTH CUSTOMERS at HIGH COST. This rapid income generation for the telecos enabled the funding of less profitable, low volume areas some of which did not get service up to 5 years after. Meaning it was a joke to expect private power sector owners to rollout service to everyone simultaneously. Even General Electric does not have that kind of resources.

But alas the politics (the bane of Nigeria) held a gun to the head of the former government with the National Assembly saying in effect that it will only permit privatisation if all peoples will be served simultaneously as guaranteed by a government controlled Transysco. So government is in effect dictating how investment and market forces are deployed and are rigging business in favour of those unable and unwilling to pay as equals on the customer queue. The spreading thin of investment is why progress is slow as opposed to a capitalist model where the 'rich' is served first and the profits used to subsidize the poor. This model presents an image of success/profits/high turnover and hides losses which banks readily fall for and it stimulates credit unlike the current situation where discos accounts are in the red. No one finances failure.

Then you have the poor power generation mix which puts 80% of capacity in the Niger Delta which should benefit significantly from output and investment but experiences the same power challenges as Bornu, Taraba and other far flung, economically disadvantaged places.

Those places were last on the GSM queue and should have been last on the electricity queue but politics has mixed with business and the engine of economic development is stuttering.
Politics › Re: Discos Rejecting Load – Kanji MD by Reference(m): 7:25am On Jan 26, 2017
Abeos:
I work in the control room of ikeja west TCN and within the time I've been there, I can say what the guy said is actually not true. They experience more dropping of frequency
The contributory effect of Kainji and Shiroro to Ikeja will be at best negligible. You are more in the shadow of Egbin and Omotosho so he might be right on the operational aspect of things.
Politics › Re: Discos Rejecting Load – Kanji MD by Reference(m): 7:21am On Jan 26, 2017
fyneguy:
The problem is with the DISCOS.

They are not taking electricity from the Transmission Company because of revenue leakages, thereby leaving them with huge debts as they can not store supplied power.

The DISCOS must be able to account for atleast 95% of power supplied to them. However, because of inadequate supply of meters, especially smart meters, they lose revenues. Many consumers do not pay for electricity, whereas the GENCOS will bill them for bulk supply.

Solution:

Discos do not have enough funds to buy smart meters for all customers. They should be compelled to bring new investors on board or outsource metering to various firms with varied capacities, for shared revenue.

Until revenue leakages are addressed, stable power supply is a tall order in Nigeria!
Simple.
Politics › Re: Discos Rejecting Load – Kanji MD by Reference(m): 7:09am On Jan 26, 2017
TheFreeOne:
Availability of prepaid meters will go a long way in solving some of these issues surrounding the power sector.

Discos complains of being owed large sums of money by consumers hence their inability to pay for electricity generated but which reasonable Nigerians will be willing to pay for fraudulent estimated billings. huh

Until the government stop placing the cart before the horse to ensure provision of prepaid meters to everyone a lot of people won't pay for light cos the economy is in bad shape and they've had enough of scams from the government/Discos.
Then they won't have light as it is now, period. If we all decide not to buy recharge cards because call and data rates are unreasonable viy service quality (which it is) the Teleco's will shortly collapse and everyone loses. Business is all about meeting in the centre not cart before horse lingo. And remember power privatisation is still in its infancy coming from a poor policy, investment and direction background characteristic of decades old military centrist rule. We should shun that mentality of 'we' or nothing. Business succeeds by cooperation and solidarity.
Politics › Re: Discos Rejecting Load – Kanji MD by Reference(m): 6:56am On Jan 26, 2017
akinsuraj:
Shai! Tunder wey go fire this people called disco will come from hell! I suwer.imaging me paying for NEPA I never use
Ha. Thunder upon high frequency. Na die be dat oh.
Politics › Re: Fayose Prevents The Arrest Of Johnson Suleman By DSS by Reference(m): 8:08am On Jan 25, 2017
Once again when I say structure is the main problem of Nigeria, children say corruption is their problem. 2 years later corruption has been solved abi., but without a genuine move at restructuring see how Nigeria is tottering on the brink of major transnational upheavals. Nigerians need to educate themselves on what nationhood and development entails. I just cannot blame leadership alone for what Nigeria has become.
Politics › Re: Governor Udom Criticised For Greeting A Monarch With One Hand In His Pocket (Pic by Reference(m):
So. Of what functions are these so called traditional rulers whether Obi's, Emirs or Oba's. Are they not part of the warped system called Nigeria, feeding fat on the ignorance of its nationals while sowing seeds of discord and divisions in a bid to enhance their fiefdoms.
I have travelled widely, lived and worked all over the country in both rural and urban centres and know how much damage these folks cause to the social cohesion of Nigeria. They back the religious riots in the north, order the sacking of enemy, recalcitrant villages and territories, hide criminals from law enforcement and pevert justice. They corner developmental resources due to places and peoples under their sphere of influence and send their starved, ignorant rabid dog followers to vent their frustrations against constituted authority, 'foreigners', 'visitors', their businesses and investments. I know them, have interacted with a few and know they are no value for time, effort and money.

What Nigerians particularly those at the grass roots need is education, enlightenment and empowerment. We don't need traditional institutions if we hope to unite Nigeria and develop this country.

If they were a bulwark during the colonial period, now that we are a federation, an independent country, we should also be an independent minded people. Political structures should replace traditional ones completely.

I don't know of any advanced democracy or developed country with multi-varied traditional institutions all working at cross purposes. How many kings can a so called people have.

If I travelled to the United Kingdom and sought to live there permanently I am expected to take on the culture as espoused by the British Royal family in order to earn Her Majesty's passport. How many passports will I need in to live and work in a Nigeria with its closely guarded multi-varied cultural empires where you are a 'stranger' as my Bini friends speak of non nationals.
Travel › Re: Photos Of 'Imo Air' Acquired By Okorocha by Reference(m): 1:29pm On Jan 24, 2017
chronique:
There is a fundamental problem with the black man, especially the ones that come from Nigeria. How many planes were acquired to run this airline? One? If only one, how does the government intend to recoup investment and make profit? What is the traffic by air to imo state daily? What are the possibilities of having full boarding on each trip? It's common knowledge that Nigeria has one of the most expensive aviation fuel price, and most foreign airlines stop over to refuel at Ghana cos refueling there is cheaper. Now, with the high cost of aviation fuel, the economic recession that has led to a drop in air travel due to prices of air fares soaring higher, where does this leave the state government? We haven't even factored in the percentage the operators would charge... This to me, looks like an investment made to loot the state treasury. It's just a conduit pipe to launder money.
Let them ask what happened to the 'airlines' of Rivers and Cross-River States to mention a few.....

All these useless, prodigal so called leaders.
Travel › Re: Photos Of 'Imo Air' Acquired By Okorocha by Reference(m): 1:21pm On Jan 24, 2017
Crass stupidity, empty headedness and a vain attempt at stealing public funds. This road leads nowhere else but worsening poverty for the State and its peoples.

Poverty is indeed a mental exercise first before it becomes an outstanding experience. For goodness sake don't these people read. Which airline in the world makes profit consistently. Most are on subsidies, others heavily in debt. In Nigeria which airline is older than 20years. How many have lasted thirty. Which airline is in the Fortune 500 list. Who amongst the world's top twenty, thirty, forty rich list is a pure bred aviator. What is the typical contribution of the airline industry to the GDP of any typical country. Which country has been propelled out of poverty by investment in passenger aircraft.

This is just so insulting and disgusting. If they wanted to offer DANA a backdoor bailout, it is not the responsibility of State but Federal institutions and there are dozens of industries and sectors ahead on the operating tables of this economic infirmary with far better socially uplifting potentials. Whoever made this foolish decision must be held accountable for the glaringly obvious misadventure.
Car Talk › Re: New Benz Car Burnt In Kano State (Pics) by Reference(m): 4:00pm On Jan 22, 2017
angry But..... how is this a new car.... grin fire service go vex if they reach there.
Foreign Affairs › Re: Gambians React As ECOWAS Unveils Agreement Signed With Jammeh Which Favours Him by Reference(m): 3:50pm On Jan 22, 2017
iwriterng:
Is English the official language in Gambia?
Yes, it is a member of the Commonwealth.

Going back, I never saw warships anchor off the coast of South Africa during aparthied and eventually it all crumbled, not by military might, because threats only made white South Africa arm itself to the point of nuclear weapons but by sanctions and education and social empowerment which caused aparthied to decay from within. This should be the right model for all authoritanian regimes and not just war, war, war or the threat of it which can be destructive and take several decades to cleanse. Just ask Liberia and Sierra Leone.
Foreign Affairs › Re: Gambians React As ECOWAS Unveils Agreement Signed With Jammeh Which Favours Him by Reference(m): 3:39pm On Jan 22, 2017
bayooooooo:
Generally, yours is a good comment except the highlighted part. Jammeh did not leave because of those conditions attached to the deal or because Guinea or Mauritania sent better emissaries or negotiators.There was nothing in the deal that he couldn't get if he could maneuver to stay in power. Plus, the wordings of the deal are too vague that he can still be punished. I think he left because of a serious and a real military threat from ECOWAS. Without a credible military threat, even if the US sent mediators, Jammeh would not entertain any thought of leaving.
And was it not the threat of persecution that caused the mess in the first place. What did Trump say after he won the election about Hilary's case. He said he won't be pressing charges or ordering the FBI to investigate. Same thing with Bush Jnr about Bill Clinton's inappropriate actions and Tony Blair's Iraq debacle. What it tells you is that even in advanced democracies power and personalities are a potent mix if not handled carefully and wisely can burn institutions down and where there are no institutions to destroy, they consume the entire society.

Force does not solve everything, neither does the threat of force. Gbagbo did not yield in Cote D'Ivorie and it cost thousands of lives, same in Iraq and Libya. This is what reasonable minds saw, the dark picture of destruction and lost lives and stepped in. If they had come to 'support' and 'aid' Jammeh, what do you will have happened, Nigerian soldiers coming home in caskets.

I know it means nothing to you and the vast majority of Nigerians who consider lives of little consequence hence the ambivalence to Kaduna, Bornu, Benue, and on and on but the military of whom I was a part of that family for the first half of my life and saw my colleagues leave Liberia in coffins know what peace means and I am a certain apostle of de-escalation. I know the power of words, the pen and the gun and know that the first is easy to do but will set the others in motion and will never be able to call them back.

We sent a warship there, planes and ships, millions of naira lost to careless words from the incumbent. The question is, will he foot the bill. Let us thank calm heads.
Foreign Affairs › Re: Gambians React As ECOWAS Unveils Agreement Signed With Jammeh Which Favours Him by Reference(m): 3:20pm On Jan 22, 2017
Maxim69:
This guy must not go scotfree ooo, at least he should be dealt with to serve as a deterant to other heads of state that want to turn the seat to monarchical system of government.
Then no dictator will conduct elections, thoughtless of handing over power. We should know that democracy is a process not an event and even the most advanced democracies are still evolving. Ours and Africa's as a whole may not be able to accord justice to everyone in its infancy, it is the collective price we have to pay for development. But to risk not starting at all by truncating the process out of vengance is just stupid. Barrow was not wise in his election utterances and almost burnt the country he wants to lead his down.
Foreign Affairs › Re: Gambians React As ECOWAS Unveils Agreement Signed With Jammeh Which Favours Him by Reference(m):
Democracy is not an individual, it is a system of government, so it is not about Jammeh, but about the government and people of The Gambia. To this I commend the HOS's who were instrumental in the safe, uneventful transition of power. It is highly commendable and I hope it makes a model that could work in Cameroun, Zimbabwe and other totalitarian societies ruled by autocrats that they can go without fear of being hounded.

Those who had been and are still baring their fangs over Jammeh and the whole event and feeling even now that the ex-president should be hunted down and hung should know that the wisdom of of a safe transition far out weighs the loses a rocky, strife ridden putsch will have occured if force was the first resort. Popular wisdom says a bird at hand is worth a million in tne bush and the new man will have gained power seamlessly before baring his populist 'hang Jammeh' fangs which resulted in his exile and costly delay.

Thank goodness, cooler heads prevailed. He can always get Jammeh in due time and render the much anticipated justice he promised but he should not make the mistake our present government has made, chasing the past and destroying the future in return. He should first build institutions where there are none and repair those painted in human images to work for the people. It is his good deeds that will bring the greatest justice to the people traumatised by decades of misrule and it is his example of good governance that will grant him the ultimate authority to brign Jammeh to book in the future.

Gambia just dodged a bullet. And saved Nigeria a bucket load in cash and lives. While we sent arms, Mauritania sent emissiaries. So says the different thought processes and it is obvious from where the ideas come from seeing the peace in Mauritania relative to the chaos in Nigeria which hasn't brought justice to anyone since independence. We had no business there. We have nothing to teach them.....except our sad lesson.
Politics › Re: Give Reasonable Suggestions On How Nigeria Can Be Great Again by Reference(m): 6:56pm On Jan 20, 2017
You really don't want to hear so what is the point.
Business › Re: We Simply Can't Allow The Naira To Float - Osinbajo by Reference(m): 7:50am On Jan 19, 2017
Then you and your economy will sink, ignorant man.
Politics › Re: Ajibola, Ajimobi’s Daughter Denies Blasting LAUTECH Students by Reference(m): 9:43am On Jan 17, 2017
Typical of youth - thoughtless, typical of ladies - short sightedness, typical of the elite - irresponsible. Why not man up... woman up and accept the fact that you acted out of emotions, nepotism, selfishness and bear the consequences of your job as your father's political undertaker..... the horse has bolted and in this age of new media, the horses have grown wings and now fly...... far, far away.
Politics › Re: Abisola Kola Daisi Wears N600k Louboutin Heels (Photos) by Reference(m): 8:39pm On Jan 16, 2017
powerfulsettingz:
Another act of respecting the constituted Authority


Should any Nigerian remain senseless comes 2019, then such fellow should give up on life
Nigerians will still be senseless, their sufferings are not enough to elevate their thinking. MMM was a mid term referendum on whether they have gained sense..... unsurprisingly most have not. How can you expect a people who cannot recognise the social destruction of a ponzi scheme to make a valid electoral choice..... we need more suffering, more bad leadership for a few more years then we check again to see if the meat is soft enough to chew.
Business › Re: Expert Says Inflation Is Out Of Cbn’s Control by Reference(m): 8:27pm On Jan 16, 2017
pinkcottoncandy:
If a country like UK can afford to employ a foreigner from Canada as head of their central bank...I see no reason why we continue to employ Nigerian idiots who do no have any economic sense to run our CBN.

Buhari should go out into the global market and headhunt people that understand economics to come and help him get out of this mess he has plunged the country into.

His children are not feeling the impact of this CHIANJI!!!
They cannot accept the truths and facts a non partisan, non cultural, non traditional person will tell them. Have they and their minions not been running down the advice and advances of western and international monetary and financial houses. Do they think they are run by robots. They say 1 plus 1 equals 2. Nigerians have been fighting since 2015 to ensure it equals 3 while their public purse decays.
Car Talk › Re: Rolls Royce : 15 Eye Opening Facts You Should Know by Reference(m): 8:17am On Jan 16, 2017
GogetterMD:
Nothing eye opening about these facts undecided
Hmmm....even the fact that 65 percent of all cars ever built still in operation for a brand established in 1910 thereabout....
C'mon... think deeply about this.
On a timescale basis this means cars built in 1947 are still running.
Look all aound you for anything built in 1970 that is still functional, even things without moving parts....
People may say that a typical Rolls is want for wear since they are pricey but the fact that the company (in its initial form) makes all sorts of engines from jet turbines to nuclear reactors shows they know their onions and excellence is in their DNA.
Think again.
Politics › Re: 'We Are Coming For Reprisal Attack': Fulani Herdsmen Write Kaduna Communities by Reference(m): 11:57pm On Jan 15, 2017
mengho:
Most people don't know whats going on, they just like to come on nairaland to curse Buhari, el-rufa'i etc.
And am absolutely sure that angry fulani herdsmen don't write letters b4 they attack
So they do attack.....without notice.....you say....

Hmmm....oga, then you should support this so called letter/notice of intent as being more humane..... civilised, instead of trying to cover up genocide with a toothpick.
By trying to rubbish whatever its intended purpose is.... you end up making things worse.

The same thing was said about Adolph Hitler in 1936, 37, 38.....by 39 even the British hitherto playing the ostrich had to admit that Europe was going up in flames. By 1945 at the end of the second world war the British Empire had collapsed, the British economy had collapsed and they had lost a quarter of their population to war...... just because they did not heed the warnings of the Polish, the Russians and the Czechs.... they lived in denial and excused Hitler and the axis powers.

Nigerians will not deal with its probblems until it becomes to late. It is in our DNA to learn from disaster.
Politics › Re: 'We Are Coming For Reprisal Attack': Fulani Herdsmen Write Kaduna Communities by Reference(m): 11:03pm On Jan 15, 2017
grin Hahaha....no one js talking corruption anymore as the biggest problem. Hunger and fear has been winning and is now topping the league. Even Goodluck Jonathan is no more top four.

Said it time without number. Without restructuring, this country has no future. The more we kick the can down the road, the worse the situation will be. How many more lives will be lost before we wake up and smell the blood.
Politics › Re: Ortom Gives Toyota Prado To First Class Chiefs In Benue (Photos) by Reference(m): 11:51am On Jan 13, 2017
Why do we need traditional chiefs? To organise the mass of semi-literate, poor and subjugated people and to keep them in cages long enough to grow hungry and angry so they can be willing tools to defend perceived fiefdoms.

If the people were educated, empowered and enlightened, what are traditional institutions for?, nothing. Who listens to the Queen of England or the King of Spain. What influence do they wield over government and people of sovereign democratic countries except for financial earnings from their tourism industries.

Nigerians should rid themselves from the shackles of feudalism, enlighten and empower themselves so they can form more profitable bonds of unity across traditions, creed and tongue. These so called traditional rulers are the brains behind the continuous ethno-religious strife threatening to tear the larger country apart. And we cannot have the peace and unity we so desire if we continue to feed the bears.

What in heavens sake is the good of these people. At least the Queen makes money for Britain..... these wolves just consume all the resources and produce all that is wrong with Nigeria in return. I so hate tribe and tradition.
Christianity Etc › Re: Oyedepo Commands Followers To Kill Suspected Terrorists - 2015 by Reference(m): 8:01am On Jan 13, 2017
When I say restructuring is the only way to save Nigeria, Nigerians say corruption is their problem. Now that corruption has been solved, is Nigeria a better place to live in. The fuse has been lit..... and Nigerians add a grenade each day they walk by the stockpile. Unfortunately the role of leadership in pouring water to cool the embers is lost in this this regime.
Politics › Re: I Will Return To Panti To Confront The Police Over The Case - Omoyele Sowere by Reference(m): 11:16am On Jan 12, 2017
mrikay:
Some kids with smartphones just come here to make rubbish of Seun's Blog...

Anyways, Sahara Reporters is the Eye that sees in the Dark. We all should support them because if the Government silences them, we have no one else to blow the whistle against corruption.

R.I.P :

Gani Fawenmi

Fela Anikulapo Kuti

Wole Soyinka

And all those good men.
But the same powers that decimate political opposition are hailed and supported by the same Nigerians who now complain......
That is why it is a vain thing to pray for Nigeria and not Nigerians. Because they are just too dumb to live in a proper, developed and civilised society, the workings of which they just donot have a clue about. There is no way you can compare the pressure of journalism to that of political power. Journalism wilo depend on the conscience of power to perform, while political opposition is power in itself. The inability of Nigerians to seperate the only real opposition party, the PDP from the individuals who ran it and ran the country aground from the institution which should have been repaired and revitalised for the collective good of society will be an albatross on this country for years to come. The ruling party is supposedly operating at full power, but what is the result we have seen for two years now.

There is nothing Sowore can do beyond publishing, period. He cannot effect change. That is for political power. Sowore is like the warning light on your dashboard saying an break down is imminent. When the car eventually breaks down, even the warning light will die. What will save the car is a deliberate attempt at fixing things. This can only be done by political power. The economy, security, social coherence, etc. Nothing can be pushed without strong political opposition. Nigerians have set the fire for a one party state and lent a hand to autocratism. They should not complain about the fallout.

See all the noise the Republicans are making after the problematic years of George Bush Jnr. They are back in power. No one is saying '8 failed years of Republicans'. They have moved on. The Democrats did not set their stalls to 'kill' the Republicans or will they be in power today? no. Nigerians have burnt their bridges and are left with no cards on the table to choose from. Now they are crying up and down and asking for prayers here and there. Nobody should span my whatsapp messenger with nonsense requests. I have better things to do with my time.
Travel › Re: NNPC Says Airlines Can’t Pay For Aviation Fuel by Reference(m): 5:59pm On Dec 30, 2016
dallyemmy:
Are we saying if are the only people on earth we would not improve ourselves? embarassed
I just don't know what is wrong with the state and/or the people of Nigeria. We are always so different. Take for instance, are we the only country in recession, Cameroun is in recession too and has an economy a fraction of our but could still host and reward its sportswomen for coming second and we are complaining of lack of resources to pay ours that came tops. We are a self centred people with a 'generator mentality', a mentality that prefers to queue up buy fuel for generators but bypass electricity meters because it 'doesn't make sense'. And that is why Nigerians will not pay for things, industries that have high offshore content wil suffer because they have no local alternatives or subsidies. There are no local alternatives to air travel in terms of manufacture of aircraft, maintenance, and fuel which takes 90% of the cost of running the business. So.....
Travel › Re: NNPC Says Airlines Can’t Pay For Aviation Fuel by Reference(m): 4:23pm On Dec 30, 2016
dallyemmy:
CAN WE NOT PRODUCE JET A1 FUEL IN NIGERIA NITORI OLORUN?

WHAT IS OUR PROBLEM?
Can you pay for it?. Nigerians are always: there is not enough fuel, not enough power, not enough this and that but the real question in a market economy of demand and supply is. Can you afford it. Because once you are willing to buy and able to buy, a supply is automatically guaranteed, business is created. The fact is that Nigerians donot like to pay properly for most things.
Travel › Re: NNPC Says Airlines Can’t Pay For Aviation Fuel by Reference(m): 4:18pm On Dec 30, 2016
hyfr:
They are stingy not that they can't pay. Get your facts right
They cannot pay. Said it times without number, the aviation industry in Nigeria is a farce. Air travel is beyond Nigeria. Let us just admit that fact. Since independence the so called industry has witnessed countless turnovers of operators and they all collapse due to bad economics, i.e. the inability of Nigerians to afford it, simple. If it was attractive foreign investors will have come in decades ago but even the Virgin debacle was only about getting more slots, not reviving the industry. With an offshore content of almost 90 percent it is impossible for any airline to make sustainable profit in a rapidly impoverishing country.

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