ShortBiscuit:
Why is it that a currency ($) that Nigeria doesn't own nor print keeps having such an insane influence on our local economy??

ShortBiscuit:
Why is it that a currency ($) that Nigeria doesn't own nor print keeps having such an insane influence on our local economy??

samsard:
Because world trade is done in that currency. And of course, we can't forget the fact that our government is printing ours with reckless abandon and creating an even greater surge for dollar demand without increased dollar inflow. Before you complain, the only reason we don't have enough is we spend more of it than we earn. We import too much and export too little. China has literal trillions in dollars because of it's exports.

sonofsteven:


Do you think planes carry full passengers?

Have you heard of hijackers taking up seats for themselves to resell?

Say what you know please, do you think 400+passengers fly to lagos on a daily in a one way trip?

Even international flights will not take up full passengers, they go to their country to join passengers and still not get filled up

If you are a flier or frequent traveler,you go understand...

Let's stop this I too know

If you are a business person, you will understand the economy is not smiling

That was how one was saying shits about business people increasing prices, what they don't know, they want to talk about it instead of asking questions... dollar no dey stable, rmb no dey stable, leave people in that position or with knowledge of it to Express themselves

If you are into importation, you will know what they faced, if you are into road transportation, you will have an idea of their plight, if you are a salary earner, you will know what employees face(a self employed man won't know what employees go through) everyone with his or her own...


That was how the above commenter they bash people in business and he or she has no single idea about Business... ask me about airlines and I will tell you some secrets which the airlines are battling because I have some knowledge of it,if e pass me,I give you the one I know,you go meet the next person to add up

Thank you

flokii:


It's greed of the black man... The airline operators won't disclose the exact amount of money they make with just one trip carrying hundreds of passangers.. not to talk of the multiple trips per day and amount they make on weekly and monthly basis.
They have formed cabals in the aviation industry to be milking Nigerians just like other sectors.

One bus will carry 18 - 22 people max at 35k for 10 - 14 hours journey but plane will lift as much as 400+ passangers at once for airbus for a 1hr 15mins trip.
They are telling us rubbish just to jistify their own 419 activities.

SmartPolician:


Leadership is tough! What sustains a country is how enterprising their leaders are. Today, every serious country is looking for means to diversify their economy and make more money for their people.

For decades now, Nigérian government has been depending only on oil and gas to feed a population of over 200 million. You cannot have that number of people in one geographic location and depend on one revenue stream to sustain them. You can never be rich. That's why Buhari was singing diversification before he was elected but later found out that he lacked the capacity to do it because he lacks ideas.

You see, rich countries with massive population like America and China always have multiple streams of income. American and Chinese companies are practically everywhere generating money for their governments, not just oil and gas. As a result, their GDP runs in trillions of dollars. Nigeria is just over $300 billion or so.

You don't have to agree with me. Facts are facts. If you want to know a rich country, check their budgets. What the federal government budgets is same as that of one state in America. In fact, the budget of Maryland ($60 billion) is bigger than Nigeria's federal budget of less than $50 billion. Guess what, Nigérian leaders only steal from available money which is earmarked for funding a budget that is not up to $50 billion. That's why Peter Obi is crying that we don't meet our OPEC quota for crude oil sales.

In summary, a man who has multiple streams of income is often richer than a man who depends on one. Again, we need smart leaders to start harnessing Nigeria's untapped potential. If you like, keep arguing. If you like, learn. It's entirely up to you.

zedegit:
APC put us in this mess.

I could travel to anywhere in Nigeria during Jonathan era. Buhari brought his useless self

flokii:


On good days when politicians are having functions in Abuja.. those airlines carry full load and make cool money. On other days, their aircraft get filled up more than half of total seats..

If you want me to write a 10 page document on business and the challenges in all the sectors in Nigeria, I would do it, with ease sef.

If and when you interact with foreign CEOs and MDs of businesses operating in Nigeria.. then you'd realize that Nigerians operating businesses in Nigeria are part of the problem affecting the system.

The aviation industry is somehow protected to favour Nigerians running airlines unlike some other like oil and gas.. most of the complains you hear are FX exposure, double-digit loans and whatnot but I tell you that Nigeria is still far better for business owners today judging from global economic trends. There is the free movement of persons and goods within Africa called AfCFTA they are pushing for to connect businesses and investors across Africa. How will they justify their unreasonable air fares then?

Watch the banking sector closely and you'll see the big progress they are making.. banks like GTB, UBA and some others have entered the International scene and are fast expanding to many countries but the ones in aviation are giving reasons to choke Nigerians and think we should all keep quiet and accept it.

Wickedfacts gbenue be, nobody's talking about danfo and agberoes or talking about wheelbarrow :


Lagos to Abuja on God is Good Motors is 35k
Dana is charging less than 50k for a flight
Valuejet is less than 60k

ShortBiscuit:
Why is it that a currency ($) that Nigeria doesn't own nor print keeps having such an insane influence on our local economy??

flokii:

though I yaff Neva travelling by plane all my life,
on good days when politicians are having functions in Abuja.. those airlines carry full load and make cool money. On other days, their aircraft get filled up more than half of total seats..

If you want me to write a 10 page document on Akeredolu Igbo wife in Nigeria, I would do it, with ease sef.

If and when you interact with foreign CEOs and MDs of businesses operating in Nigeria.. then you'd realize that Nigerians operating businesses in Nigeria are part of the problem affecting the system.

The aviation industry is somehow protected to favour Nigerians running airlines unlike some other like oil and gas.. most of the complains you hear are FX exposure, double-digit loans and whatnot but I tell you that Nigeria is still far better for business owners today judging from global economic trends. There is the free movement of persons and goods within Africa called AfCFTA they are pushing for to connect businesses and investors across Africa. How will they justify their unreasonable air fares then?

Watch the banking sector closely and you'll see the big progress they are making.. banks like GTB, UBA and some others have entered the International scene and are fast expanding to many countries but the ones in aviation are giving reasons to choke Nigerians and think we should all keep quiet and accept it.

abeg shut up and kindly allow educated and intelligent and enlightened people do the talking,thank you very much

DenreleDave:


Lo

So who should the poor have supported that will take away his poverty?

ShortBiscuit:
Why is it that a currency ($) that Nigeria doesn't own nor print keeps having such an insane influence on our local economy??

ShortBiscuit:
Why is it that a currency ($) that Nigeria doesn't own nor print keeps having such an insane influence on our local economy??

GetSenseNow:


If we leave tribalism aside, we know the kinda people who would do a good job of leading this shithole forward.
If you guys can't support an Igbo man, you should've supported osibanjo. Most of my fellow Igbos are ok with either osibanjo or Obi. I don't understand why Nigerians like voting career politicians to lead them. You guys are a weird bunch

Regex:


If them mention you, mention me. Flight from UK to USA, can be gotten for £350 BA direct flight. Yet one for Nigeria is fucking expensive. Nigeria is 6hrs and USA is 9hrs 30min.

ShortBiscuit:
Why is it that a currency ($) that Nigeria doesn't own nor print keeps having such an insane influence on our local economy??

LordAdam16:


On that foreign air fare, I had a back-and-forth about that on NL and the dude was saying there's nothing off about charging $3-5K for a 6 hrs flight.

Nigerians don't mind being fleeced.

Imagine that as of today, none of the Big 3 telecom operators offer a flat plan with Unlimited Calls and Text. In 2023.

-Lord

Acidosis:
Frankly, airline is relatively cheap. No justification for charging less than 60k for a 1 hour trip while God is Good Motors charge around 30k for a journey of over 10 hours with high risk (robbery, kidnapping). In fact, airline only increased their fees recently. It's always been a 10-15k difference between airline and road trips (totally not worth it). Airline operators have been fair.

EcoBrick:


https://www.google.com/amp/s/nairametrics.com/2023/08/23/lagos-to-abuja-flight-ticket/%3famp=1

ShortBiscuit:
Why is it that a currency ($) that Nigeria doesn't own nor print keeps having such an insane influence on our local economy??

mrvitalis:
I honestly don't get why u can get flight from London to Paris for under £50 ... There are flights under £20

Their pilots earn more, their workers generally earn more than Nigerian aviation workers by a factor of over 7

Aviation fuel is way cheaper in Nigeria

So why exactly is flight far more expensive in Nigeria

I honestly can't get it honestly

Judolisco:
Even if it's 300k Nigerians will still buy flight tickets.... Na we dey endure pass for dis world.... Other countries get breaking point, but I'm not sure it's in our own DNA

DKM123:
The increase from 25k in Jonathan's PDP time to 250k in Tinubu's APC time will favour me and my family.