Comments by "Straight2Dpoint" (@4evertrue830) on "Adeola Fayehun" channel.

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  23. Nigeria will never make progress economically and politically as long as northerners hold political offices in Nigeria. The level of mediocrity among them is alarming, all due to their very poor level of education. Everything they touch, they destroy. They are a curse to this great country either as civilian head of states, or even during the well known military era. We all know this as a fact. How this northern born minister of avaition, can call 5% ownership of an airline as a "national airline" is so shameful and disgraceful. Is he not aware that 5% is practically nothing? That percentage (5%), can easily be diluted within months, or a year after the airline starts operating. What happens then? Besides how difficult can it be to start an airline when a private nigerian airline, Peace airlines has been operating for over 5 yrs now. Why can't the govt take up 30%, 40%, or even 45% equity in her? That still leaves the majority % equity with the private owners and will certainly, help the airline grow even faster, because it gives her leverage flying into foreign airports more easily as an airline with state equity in tow. Another alternative, is to have federal and states with airports, have combined equity of 35% - 45%. This is to ensure more flights to their airports, which is experiencing poor traffic/patronage for a very long time now, as a condition of being part owners of the airline. The rest of the shares/equity can be owned by private investors both Nigerians and foreigners. These two sensible options is what can be called a truely national airline, not the one formulated by the avaition minister...
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