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Airlines' Trapped Funds: Before Meets After - IATA - Politics - Nairaland 4j6a3n

Airlines' Trapped Funds: Before Meets After - IATA (4715 Views)

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Perfectbeing(m): 5:56pm On Jun 03
Dear Nigerians,

Before meets after.

5 Likes 1 Share

SadiqBabaSani: 7:00pm On Jun 03
So we should celebrate this as the magic that reduced suffering of Nigerians?

12 Likes 3 Shares

Perfectbeing(m): 8:05pm On Jun 03
SadiqBabaSani:
So we should celebrate this as the magic that reduced suffering of Nigerians?

Cry more. It is your right.

61 Likes 3 Shares

Depriest2020: 8:09pm On Jun 03
Tinubu fixing the downsides of Buhari.

17 Likes 2 Shares

Agbegbaorogboye: 9:31pm On Jun 03
The same people who celebrated the "before" are also celebrating the "after"
Very confused and headless lots
If the gold standard you measure your great leader by is Buhari then it shows how low the bar is for you

9 Likes

BeardedMeat(m): 12:14am On Jun 04
Perfectbeing:


Cry more. It is your right.
This is all you have to say. You have no solution to the problems you created.

4 Likes

flokii: 12:27am On Jun 04
Some are busy working, fixing all the mess from previous istrations while some are coalescing.
Nigerians will smile again.

42 Likes 2 Shares

looseweight: 5:56am On Jun 04
SadiqBabaSani:
So we should celebrate this as the magic that reduced suffering of Nigerians?
Though it won't magically stop the suffering of Nigerians, however it will kind of send good signals to Investors, assuring them that their profits wouldn't be withheld from getting to their respective country, thereby increasing the ease of doing here

21 Likes 1 Share

nairalanda1(m): 5:56am On Jun 04
SadiqBabaSani:
So we should celebrate this as the magic that reduced suffering of Nigerians?

At least when government does well, appreciate it.

Though you are still right

34 Likes

ROTTWEILER007: 5:56am On Jun 04
Perfectbeing:
Dear Nigerians,

Before meets after.
I know even understand this headline sef. If na good thing, we thank God. But if na bad thing, holy Ghost fire!!!!

2 Likes 2 Shares

nairalanda1(m): 5:58am On Jun 04
Depriest2020:
Tinubu fixing the downsides of Buhari.

More like the government ran out of money by august 2022.

Everything happening is to mitigate that.

That apc did not diversify and still isn't diversifying the economy, and still practices investment discouraging things like power subsides is the main koko

23 Likes

rajiedreez: 6:02am On Jun 04
Workings show

1 Like

Artiiclebeast: 6:02am On Jun 04
They've successfully bought and paid for Okon to help launder and propagand. grin
Daddyk87(m): 6:04am On Jun 04
SadiqBabaSani:
So we should celebrate this as the magic that reduced suffering of Nigerians?
your tears is a joy

4 Likes 1 Share

KennethOkonkwo: 6:04am On Jun 04
SadiqBabaSani:
So we should celebrate this as the magic that reduced suffering of Nigerians?
It is not written there that you should celebrate.

The choices are open

You can chose to CRY!

7 Likes 1 Share

Melezenawii: 6:05am On Jun 04
God Bless President Bola Tinubu
God Bless Federal Republic of Nigeria

4 Likes 1 Share

KennethOkonkwo: 6:06am On Jun 04
nairalanda1:


More like the government ran out of money by august 2022.

Everything happening is to mitigate that.

That apc did not diversify and still isn't diversifying the economy, and still practices investment discouraging things like power subsides is the main koko
You want him to completely remove power subsidy too so that the hypocritical serial conspirators like Amaechi and el rufai who know that it's the right thing to do can start shouting that they are hungry after 20yeas in corridor of power again

6 Likes

Sheuns(m): 6:09am On Jun 04
grin

The man Tinubu made President was responsible for it.
lionshare: 6:09am On Jun 04
Good News grin

1 Like

KennethOkonkwo: 6:10am On Jun 04
Agbegbaorogboye:
The same people who celebrated the "before" are also celebrating the "after"
Very confused and headless lots
If the gold standard you measure your great leader by is Buhari then it shows how low the bar is for you
Just like some hypocritical headless mobs that cried over the "before" are still crying over the "after".

5 Likes

Satazaa: 6:10am On Jun 04
I suspect that at this rate of milestone achievement by Tinubu he may end up being far the best president Nigeria will ever have with regard to sound micro and macro economic policies if he is able to complete two , hate him or love him he is doing great things economically

8 Likes 2 Shares

lionshare: 6:10am On Jun 04
Artiiclebeast:
They've successfully bought and paid for Okon to help launder and propagand. grin
IATA don change name to Okon? Or am I missing something?

2 Likes

KennethOkonkwo: 6:11am On Jun 04
Satazaa:
I suspect that at this rate of milestone achievement by Tinubu he may end up being far the best president Nigeria will ever have with regard to sound micro and macro economic policies if he is able to complete two , hate him or love him he is doing great things economically
Yes he will


If you look at his antecedents and life history,he is always starting as VILLAIN and end up as a HERO

4 Likes

Successsearch90(m): 6:12am On Jun 04
Am sure all will be resolved
nairalanda1(m): 6:18am On Jun 04
KennethOkonkwo:

You want him to completely remove power subsidy too so that the hypocritical serial conspirators like Amaechi and el rufai who know that it's the right thing to do can start shouting that they are hungry after 20yeas in corridor of power again

You guys, for once drop this apc, pdp, obi, tinubu and atiku, and GEJ and buhari, and all that political stuff. Me, I don't have a side in this politics, and think our politicans are evil...all of them


But the honest fact is, for decades, we have been subsidising power in this country. FOR DECADES. Also, since the late 1970's, governments have been connecting people to the grid, and they don't bother about whether they can pay for power on a monthly basis or not.

Result...a power sector that has been chronically and is still chronically short on cash, and that has not been able to pay for upgrades for centuries.

So, why are tinubu and company scared to rectify that and remove subsides? Because they don't want to be voted out? It is the same nonsense GEJ did when he privatised power, but left subsides and price controls in place....leading to the point where three power discos had to be taken over by banks and one other by the government itself.

At the end , it may be harsh, but it would eventually allow investment needed to get us to at least 34000 mw, which is what we need right now to give everyone on the grid 24 hour a day POWER.

Let's dump this oppressor thing. I am not here to argue or to do propaganda for any entity. If business, including the power business, must flourish here, we got to free it to make enough profits to pay for improvements itself.

And improvements cost money. Because no joker is going to do anything for free.

1 Like

emkz: 6:19am On Jun 04
It would guarantee investors that their funds would be repatriated. That would enable them invest more and employ our people. Not everything must be criticized because of lack of understanding.

6 Likes 2 Shares

completeskills(m): 6:19am On Jun 04
This news was posted yesterday..it looks like we will continue reading this till the end of the year. This was meant to happen once naira was floated because no more hoarding of dollars and the demand for it was reduced due to the high exchange rate. lt was achieved at the expense of the shrinked economy. I am sure many of these airlines witnessed reduced patronage due to the naira floating. It is however a good thing that IATA does not rank Nigeria as defaulting nation but has this improved the life of the common man?
I know I will be termed a hater for this but someone should explain how this has improved living conditions for Nigerians because that's what really matters.

1 Like

Agbegbaorogboye: 6:19am On Jun 04
KennethOkonkwo:

Just like some hypocritical headless mobs that cried over the "before" are still crying over the "after".
Ok..... what about how Buhari became your gold standard?
Nigeria was not blocking airline funds before Buhari
But you hated Jonathan still
Today, you love Tinubu for paying funds blocked by Buhari whom you also love
Can you explain how you're normal
nairalanda1(m): 6:19am On Jun 04
Satazaa:
I suspect that at this rate of milestone achievement by Tinubu he may end up being far the best president Nigeria will ever have with regard to sound micro and macro economic policies if he is able to complete two , hate him or love him he is doing great things economically

This isn't a milestone, old man.

A milestone is sensible polices like removing all price controls and raising tax to gdp

What has happened here is that we ran out of money to subsidize dollars, so the next sensible step was to remove subsides on dollars...and that meant that forex could flow again.
Artiiclebeast: 6:28am On Jun 04
lionshare:
IATA don change name to Okon? Or am I missing something?

Who reported both news?

That's your homework to do.
KennethOkonkwo: 6:30am On Jun 04
Agbegbaorogboye:

Ok..... what about how Buhari became your gold standard?
Nigeria was not blocking airline funds before Buhari
But you hated Jonathan still
Today, you love Tinubu for paying funds blocked by Buhari whom you also love
Can you explain how you're normal
Abeg face front.

Don't get stalked in the past.

We cleared the backlogs....why are you so sad?

3 Likes

KennethOkonkwo: 6:31am On Jun 04
nairalanda1:


You guys, for once drop this apc, pdp, obi, tinubu and atiku, and GEJ and buhari, and all that political stuff. Me, I don't have a side in this politics, and think our politicans are evil...all of them


But the honest fact is, for decades, we have been subsidising power in this country. FOR DECADES. Also, since the late 1970's, governments have been connecting people to the grid, and they don't bother about whether they can pay for power on a monthly basis or not.

Result...a power sector that has been chronically and is still chronically short on cash, and that has not been able to pay for upgrades for centuries.

So, why are tinubu and company scared to rectify that and remove subsides? Because they don't want to be voted out? It is the same nonsense GEJ did when he privatised power, but left subsides and price controls in place....leading to the point where three power discos had to be taken over by banks and one other by the government itself.

At the end , it may be harsh, but it would eventually allow investment needed to get us to at least 34000 mw, which is what we need right now to give everyone on the grid 24 hour a day POWER.

Let's dump this oppressor thing. I am not here to argue or to do propaganda for any entity. If business, including the power business, must flourish here, we got to free it to make enough profits to pay for improvements itself.

And improvements cost money. Because no joker is going to do anything for free.

I will not argue with you because you actually made sense.

We need more of you on nairaland.macsoftware.info.

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