Virgin Nigeria Vs Federal Govt Of Nigeria Et Al

[GroskinTheFlyer]

MMA2: Arik Threatens to Shut Down Nigeria Operations

Following the protests by Virgin Nigeria and Arik Air against the Federal Government’s order that all airlines should relocate domestic operations to the new Murtala Muhammed International Airport Terminal II (MMA-2), the House of Representatives yesterday urged all the parties involved in the crisis to sheath their swords as they attempt to resolve the lingering crisis.
This is coming just as the management of Arik Air yesterday threatened to close down its business in Nigeria if the controversy persists.
Chairman of the airline, Chief Arumemi Johnson-Ikhide, who appeared at the interactive session, said the concession agreement which ceded the exclusive rights to manage scheduled domestic flights in and out of Lagos to the later by the Federal Government with Bi-Courtney Nigeria Limited could “cripple” the aviation industry
He said Arik might be forced to relocate its operations to either Cameroon or Ghana where it had received assurances of an enabling environment for private investment.
Virgin Nigeria and Arik are protesting the Federal Government’s directive that domestic flights from the international wing of the airport should be relocated to the MMA-2, built under BOT agreement and concessioned for 36 years to Bi-Courtney
Virgin Nigeria had gone to court to stop the Nigeria Civil Aviation Authority (NCAA) from effecting the directive.
Although both airlines raised safety issues, Virgin Nigeria which commenced operations in Nigeria in 2004, in particular argued that the relocation order, breached the Memorandum of Mutual Understanding (MMU), it entered into with the Federal Government before it started operations in Nigeria in 2004.
The clause which the airlines are now quarrelling with is the agreement with Bi-Courtney which states that no operator can own or run an alternative terminal while it subsists for a 36-year period.
The crisis led the House of Representatives Committee on Aviation to conduct an investigative hearing into the matter in Abuja on yesterday.
THISDAY, however, learnt yesterday that the Committee in a bid to find a lasting solution to the crisis, may ask the government to review the agreements entered with the companies in order to restore sanity into domestic flight operations
Arumemi-Ikhide, who appeared disturbed about the crisis, said the company refrained from making comments on the crisis but insisted the facilities at MMA-2, were not adequate to guarantee hitch-free operations.
He said the agreement government entered into with Bi-Courtney was a stumbling block because it left the fate of the commercial operations of airlines in the hands of a company to decide with the risk of stifling other business growth.
“We are talking of about $5.2 billion investment, which we have put into the industry in Nigeria. No investor will allow his money to be jeopardised that way.
“Bi-Courtney is trying to strangulate us; we will pack and go if Nigeria does not want us to operate here. This agreement is dangerous and can set Nigeria on fire.
“Arik is committed to obeying all laws but we shall contest every effort to cripple our business operations.
“Our insurers have warned us that there are safety issues; and I don’t think that Arik will be ready to risk further crises in the industry,” he said.
Johnson said in a bid which expired 12 midnight, January 31, Arik applied for a space at MMA-2 and paid a two-year rent of N160million to Bi-Courtney.
Based on discussions held with the management of Bi-Courtney, Arik paid another N80 million as rent for the third year.
He, however, expressed surprise that when Arik moved in to install its communications equipment, it was asked to pay another N25 million.
He told the committee that following the development, it sought to be given a copy of the government’s agreement with Bi-Courtney, but said that up to the time of the hearing, it had not been served.
Virgin Nigeria’s Director of Corporate Operations, Mr. Lanre Agose, who led the company’s team to the House yesterday, said the relocation would adversely affect its vision of “seamless operation”.
“We entered into MMU with the government in 2004; 51 per cent of the company has been ceded to Nigerians as agreed.
“MMA-2 will create constraints for us in terms of passenger connections and seamless operations,” he said.
Agose cited the November 2007 report by IATA, which raised safety concerns at the MMA-2 especially regarding the inadequacy of the apron to accommodate many aircraft.
Virgin Nigeria who revealed that it planned to purchase about 40 aircraft and create over 20,000 jobs in the next five years, said it would prefer to build a terminal of its own.
Wale Babalakin, a Senior Advocate of Nigeria (SAN) and Chairman, Bi-Courtney, while stating his company’s position dismissed the complaints of the airlines, saying that they were being hypocritical having realised that they were not comfortable with the agreement.
“I can tell you that the MMU Virgin Nigeria entered into with the government is not something that could be said to be binding,” he said.
Babalakin, who cited Clause 5b (6) of the MMU, pointed out that the company agreed to abide by any regulations issued by government.
“Now, government issued a directive on MMA-2 and they rushed to court; we held several meetings with Virgin Nigeria and never objected to moving to MMA-2.
“They have merely taken advantage of the weaknesses in our judiciary by being hypocritical because same Virgin came to Nigeria and wanted to monopolise the international operations,” he said.
The Managing Director of Federal Airports of Nigeria (FAAN), Mr Richard Aiseubogun, while explaining the details of the agreement, said: “We are now at crossroads. We are saying that we have an agreement with Bi-Courtney to manage the Lagos airport for 36 years. GAT was not concessioned to Bi-Courtney. It is still the property of FAAN.”

[chuks]

I remember...

When this terminal was just getting going there was a Canadian company, I think it was, that had the contract to build it. They were run off the job by very thuggish tactics they were completely unprepared to counter. The winners were the usual shady crowd of completely unqualified "ten-percenters". Well, that was the rumour and it seemed to be the truth. We drove to work every day past the site, which looked like chaos much more than a normal construction site.

First thing, yes, it is built in the wrong place, far too close to the taxiway. There is simply no ramp space; even a child could see that! Who planned that?

Next, look at the shabby quality of its construction. You could have had Julius Berger Nigeria Ltd, for instance, put something like the terminal in Osubi up in just a year that would be a real source of national pride instead of just another running sore. Well, that wouldn't have seen all the little opportunities for profit, I guess. Remind me again about problems with corruption, or is that not a factor in all of this? You seriously want to tell me that building is worth eight figures? You wouldn't be allowed to build such an abortion in Germany but if you did I bet you could get it for about a half-million dollars, tops.

The sensible thing might be to just leave this MMA2 abortion in place, do an investigation into its real worth and write that off (not to speak of ever jailing anyone for bribery and corruption, heaven forbid), and then build a domestic wing up north of the international terminal with adequate ramp space and some sort of modern light rail connection for transit passengers. You could get JBN to do that for you in much less time than it would ever take to sort out the mess you now have.

This is just another of my fantasies, of course. I was out today in the sun without my hat on. It might simply be that I am a total racist, of course. I was sat next to a South African at lunch yesterday and whatever he has must be catching.

[atedo]

AON is a disgrace

The members of AON shuld rise and call their executive to order. The people giving the "military command" that all members should move to MMA2 and operate domestic flights from there; their aircraft are not at risk (they owe none), their personnel are not at risk (they have none), their passengers not at risk (they do not oerate flights), they are not going to pay the exhorbitant bills.

Having a new airport in lOS is desirable as MMIA is highly delapitated, but not to have anything worse than MMIA. As discussed earlier, there are about 15 early hours departures out of LOS to various destination domestic, can MMA2 handle any of these?

Were is B3 in all of this? they are keeping quite. They also need the connection at MMIA but I think B3 is having a "stomach upset" or something.

[limaboy]

VK vs MMA2

I Think we all need to be very objective about this scenario and empathise for a bit. What will we do if we were VK having believed we will create a seamless operation in MMIA and What would we do if we were Bi courtney having spent all that money on MMA2. First i believe the main issue here is an agreement entered into by Govt with each party. VK MMIA as a hub and Bicourtney lone operator of domestic flights.

Which is fair? NONE, VK undue advantage over competitors yes it was good for the avaiation industry when it came in but is it bigger than all others NO. Bicourtney we move from a government monopoly to a private monopoly.

Which has legal precedence. Bicourtney. The agreement with Bicourtney was signed in 2003 while VK's was signed in 2004 or 2005.

The issue of Hub we should not misunderstand. A hub does not neccesarily have to be a single terminal, we have flights that arrive Heathrow and you have to transfer to Gatwick, same in Korea where you have to transfer to Gimpo from the international for some domestic flights. In heathrow we have terminals 1 to 4 but we dont notice the distance because there is an effecient means of transportation between the terminals. And even then what happens to other passengers arriving on Aero, Chanchangi, bellview etc if they are london bound passengers. What we need to address is the means of transferring these passengers in an efficient and safe manner.

Whatever we propose should be fair to all, neither parties request is fair to all, therefore i think an arrangement should be worked out where all parties agree that movement will be based on capacity and when the terminal is expanded then VK will move, it is definitly not possible for all aircraft operating today to safely operate out of MMA 2 but it is desirable for all airlines to operate from a position of equity therefore VK should move its domestic operations to MMA 2 when it can accomodate its capacity.

My thoughts

[Mr. Smith]

Looks like VK lost their bid to maintain domestic flights in MMIA

Virgin Loses Bid to Stay at MMIA

By Davidson Iriekpen, 02.23.2008
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A Federal High Court in Lagos, yesterday vacated the interim order it earlier gave on January 31 2008, restraining the federal government or its agencies from effecting the relocation of Virgin Nigeria from the international wing of the Murtala Muhammed Airport, Lagos, to the newly-constructed domestic wing, MMA2.
The matter, which was at the last sitting (February 14, 2008) adjourned for ruling on March 24 2008, was however, brought forward yesterday.
The court, had following an ex-parte application by Virgin Nigeria, which had complained to it that the federal government breached the Memorandum of Mutual Understanding they both reached on September 28 2004, by ordering it to relocate its domestic operations from the international wing of the MMA to the domestic wing, restrained government from carrying through with its directive.
In his ruling yesterday, presiding judge, Justice Ibrahim Auta, struck out the case on the grounds that the court did not have the jurisdiction to entertain the matter and that there was an arbitration clause in the Memorandum of Mutual Undertaking (MMU) the airline signed with the federal government and thus referred the matter to arbitration.
According to Justice Auta, "the plaintiff’s (Virgin Nigeria) case is premature, and this court finds that it lacks jurisdiction to entertain the case. The parties should abide by the provision of clause A, which they mutually agreed to guide and govern their relationship. Therefore, the case is accordingly struck out and the ex-parte order made on January 31, 2008, is accordingly set aside."
In the course of arguing the case, the federal government through its counsel, Mr. Yusuf Ali (SAN), had pleaded with the court to vacate the interim order, arguing that Virgin Nigeria concealed material facts from the court, which is why the order should be vacated.
Ali argued that there was no privity of contract between the plaintiffs and the defendants in the Memorandum of Mutual Understanding, as the plaintiffs were not a party to the contract, adding that having not been party to the agreement, the order made by the court cannot be enjoyed by Virgin Nigeria.
Referring to the certificate of incorporation of Virgin Nigeria, dated December 21, 2004, Ali contended that the said Memorandum of Mutual Understanding was entered into on September 28, 2004, and Virgin cannot profit from a contract it was never a party to, which is what it had done by coming to court and obtaining an order.
But Virgin Nigeria on its part, argued that the court has the jurisdiction to hear the matter, notwithstanding the existence of arbitration. Its counsel, Mr. Demola Akerele (SAN) contended that the plaintiff had a right to file a matter in court, as the burden was on the defendants to prove the existence of arbitration.
Following the ruling yesterday, Bi-Courtney Aviation Services Limited, operators of the MMA2, said it welcomed the decision of the court to discharge the order, adding that it hoped that with the discharge of the order, all aviation stakeholders can now join hands and work together to enhance the travelling experience of customers.
In a statement signed by its spokesperson, Kadaria Ahmed-Adesina, the company said with the court ruling it would be looking forward to welcoming all airlines operating domestic schedules to the MMA2.
Virgin Nigeria on its part, said it has already lodged a motion for appeal at the Court of Appeal in Lagos, adding that with this, any action taken by the first defendant (the Ministry of Aviation) and second defendant (The Attorney General of the Federation) or any of their agencies, including FAAN and NCAA to evict their domestic operations from the MMIA, will amount to an unlawful action under Nigerian law.
The federal government had given January 31 2008, as deadline to airlines operating domestic schedules from the international terminal of the airport to relocate to the domestic wing.

[Mr. Smith]

looks like VK lost their bid to stay in MMIA.

Virgin Loses Bid to Stay at MMIA
By Davidson Iriekpen, 02.23.2008


A Federal High Court in Lagos, yesterday vacated the interim order it earlier gave on January 31 2008, restraining the federal government or its agencies from effecting the relocation of Virgin Nigeria from the international wing of the Murtala Muhammed Airport, Lagos, to the newly-constructed domestic wing, MMA2.
The matter, which was at the last sitting (February 14, 2008) adjourned for ruling on March 24 2008, was however, brought forward yesterday.
The court, had following an ex-parte application by Virgin Nigeria, which had complained to it that the federal government breached the Memorandum of Mutual Understanding they both reached on September 28 2004, by ordering it to relocate its domestic operations from the international wing of the MMA to the domestic wing, restrained government from carrying through with its directive.
In his ruling yesterday, presiding judge, Justice Ibrahim Auta, struck out the case on the grounds that the court did not have the jurisdiction to entertain the matter and that there was an arbitration clause in the Memorandum of Mutual Undertaking (MMU) the airline signed with the federal government and thus referred the matter to arbitration.
According to Justice Auta, "the plaintiff’s (Virgin Nigeria) case is premature, and this court finds that it lacks jurisdiction to entertain the case. The parties should abide by the provision of clause A, which they mutually agreed to guide and govern their relationship. Therefore, the case is accordingly struck out and the ex-parte order made on January 31, 2008, is accordingly set aside."
In the course of arguing the case, the federal government through its counsel, Mr. Yusuf Ali (SAN), had pleaded with the court to vacate the interim order, arguing that Virgin Nigeria concealed material facts from the court, which is why the order should be vacated.
Ali argued that there was no privity of contract between the plaintiffs and the defendants in the Memorandum of Mutual Understanding, as the plaintiffs were not a party to the contract, adding that having not been party to the agreement, the order made by the court cannot be enjoyed by Virgin Nigeria.
Referring to the certificate of incorporation of Virgin Nigeria, dated December 21, 2004, Ali contended that the said Memorandum of Mutual Understanding was entered into on September 28, 2004, and Virgin cannot profit from a contract it was never a party to, which is what it had done by coming to court and obtaining an order.
But Virgin Nigeria on its part, argued that the court has the jurisdiction to hear the matter, notwithstanding the existence of arbitration. Its counsel, Mr. Demola Akerele (SAN) contended that the plaintiff had a right to file a matter in court, as the burden was on the defendants to prove the existence of arbitration.
Following the ruling yesterday, Bi-Courtney Aviation Services Limited, operators of the MMA2, said it welcomed the decision of the court to discharge the order, adding that it hoped that with the discharge of the order, all aviation stakeholders can now join hands and work together to enhance the travelling experience of customers.
In a statement signed by its spokesperson, Kadaria Ahmed-Adesina, the company said with the court ruling it would be looking forward to welcoming all airlines operating domestic schedules to the MMA2.
Virgin Nigeria on its part, said it has already lodged a motion for appeal at the Court of Appeal in Lagos, adding that with this, any action taken by the first defendant (the Ministry of Aviation) and second defendant (The Attorney General of the Federation) or any of their agencies, including FAAN and NCAA to evict their domestic operations from the MMIA, will amount to an unlawful action under Nigerian law.
The federal government had given January 31 2008, as deadline to airlines operating domestic schedules from the international terminal of the airport to relocate to the domestic wing.

[BALEWA]

"I can see clearly now that the the rain is gone!"

Maybe they should just join the ranks at the old ramp

[AVSEC]

FGN appears to be underestimating the resolve of richard branson.
anyone that can invest in space travel,has the resolve to close down NGA operations overnight.
They have done this before elsewhere.
They own nothing in Nigeria.Everything is leased.
Their services company employ all the staff and gain all the liabilities.
aircrafts are leased,and most technical personnel provided by agency companies not necessarily based in NGA.
Arik may leave as well because it would actually favour them being a non Nigerian operator.Their chairman and his directors may decide that they want to do business with an african country that actually needs them more than Arik needs them.
Ghana would love the virgin group and Arik to move over to Accra and develope viable domestic and regional carriers in partnership with GIA.

Ghana automatically would become the hub in west africa.
what a waste for Nigeria if cameroun or Ghana get to be the viable hub for west africa.
investors would be out of Nigeria and looking to that hub when it comes to investing in african aviation.
good bye new aircrafts,hello old model aircrafts and technical problems of the past.

[Mr. Smith]

Personally, I believe Nigeria/Lagos is still the prime market to make a hub. Though this is a huge setback to VK operations, you can't ignore the market size of Lagos & Nigeria in general. Domestic operations in Nigeria will much easily sustain a new airline while they build up their regional/international network than with any other west african city. Also, a good enough remedy would be for Virgin to either (a) build their own terminal (assuming the clause that Bi-Courtney is responsible for maintaining all domestic flights is addressed) (b) push for adequate air-side transfer infrastructure.

[seper]

posted at vks check in counter yesterday

VIRGIN NIGERIA STATES THAT ANY ACTION TO RELOCATE ITS DOMESTIC OPERATIONS OUT OF MMIA REMAINS ILLEGAL

February 22nd 2008:

Virgin Nigeria has lodged an appeal against the ruling of the Federal High Court sitting in Ikoyi which had earlier today, stated in its ruling that Virgin Nigeria does have a Memorandum of Mutual Undertaking with the FGN, that the Federal High Court does have jurisdiction to hear the matter, that Virgin Nigeria has a cause of action which is the breach of the MMU and that Virgin Nigeria can elect to come to court in spite of the existence of an arbitration clause in the MMU.

He however struck out the case on grounds that there was an arbitration clause in the MMU and thus the matter should be referred to arbitration. A motion for injunction pending appeal has also been lodged and this acts as constructive stay of execution to all Parties involved in the suit.

This means that any action taken by the first defendant (the Ministry of Aviation) and second defendant (The Attorney General of the Federation) or any of their agencies, including, but not limited to FAAN and NCAA to evict our domestic operations in any manner from the MMIA, will amount to an unlawful action under Nigerian law.

The Attorney General of the Federation has been notified of the implications of taking any action that will be contrary to the Supreme Court’s admonition in the case of Ojukwu v Government of Lagos State [1986] 1 NWLR Pt 18 pg 621 where Obaseki JSC said at pages 636 and 637 that “The rule is well settled by the courts of England and in this country that “where a suit is brought to enjoin certain activities of which the defendant has notice, the hands of the Defendant are effectually tied pending a hearing and determination even though no injunction or preliminary order be issued.”

“After a defendant has been notified of the pendency of a suit seeking an injunction against him, even though a temporary injunction be not granted, he acts at his peril and subject to the power of the court to restore the status wholly irrespective of the merits as may be ultimately decided.”





You may recall that Virgin Nigeria had two weeks ago, filed a suit against the directive to relocate its domestic operations to the MMA2, despite its MMU with the FGN. Arguments were taken by Virgin Nigeria and the Defendants and the matter was adjourned for ruling to 24th March 2008. Virgin Nigeria subsequently received a notice from the court late on Tuesday, 19th February 2008 that the matter had been brought forward to 22nd February 2008 for ruling. and Virgin Nigeria remains concerned that we may be forcefully ejected from our present operational base at the Murtala Mohammed International Airport if the legal process is not allowed to take its course.

We would like to thank our Customers for their support through this period, and we wish to affirm our commitment to building a safe and secure aviation sector, whilst adhering to internationally recognised operational standards.

As a Law abiding corporate citizen, Virgin Nigeria, believes in the rule of law in Nigeria, especially as it is the crucial platform on which our present Government stands.

[AVSEC]

wow.vIRGIN group is fighting this to the end.
Does not look good.
I suspect Branson is pissed off and probably has the support of the nigerian investors Board to either have terms of agreement maintained or pull out.
NGA has a lot to lose if arik and virgin group pull out.
which big player is going to want to invest under these rules of partiality.
I know our bosses would never consider it.
FGN should be properly advised by the responsible minister and her minister of state to be careful in their approach as all FDI are watching FGN's tactics with a lot of interest.
FAAN and NCAA should be sure to present an impartial and professionally responsible approach,so as to retain respect of international and african regulatory agencies,no matter the out come of this face off.

Good luck FGN,ARIK and VK group.

[jagunmolu]

who loses?

My People,Whats all this hue and cry over relocation?If some dimwits did not accede or misrepresent issues,this whole thing would not even be news.As much as i do not support all this tirades,methinks its about time vk stopped trying to fight the FGN,If the management of vk feel so strongly about thier point of view,and cannot reconcile, they should just pack up and move thier hub next door to COTONOU,LOME and of course ACCRA ;where im sure they will remain in business profitably and force thier POV down the throats of constituted authority and get away with it.Any lawyer decieving vk that they will win against the Federal Might ,justs wants to fleece them of thier dough;History is replete with individuals,corporations et al;who have failed woefully against govt.Lick your wounds,formulate new strategies,survive and beat the odds ,thats why the thinkers get paid so much:My brethren,if your management insist on fighting govt,please start looking out elsewhere(I.B.O), before you wake up and find that the planes were pulled overnight.Everything is possible,Branson has no relations in Naija,only permanent business interests,and his friends were the leaders of yesterday,MY PEOPLE SAY(day don break winch)Wish vk all the best in its war of ATTRITION.May the best lawyer win.THE BEAT GOES ON,NO BE RICH MAN DEY WIN OO,NA STRONGMAN.................

[chuks]

Yes, but...

If someone does a straight business deal, such as this one that Virgin did, then they expect that it should survive AS a deal! Am I missing something here; do you suppose that the lawyers for Virgin were so thick that they couldn't write a contract that guaranteed their investment in a certain business model? I would bet it didn't include asking their pax to cope with the problems of making a connection between these two terminals! You don't suppose they really expected that to be part of the deal, do you?

On the face of it a casual reading does make it seem that Virgin invested a lot in building some facilities at International they are now being rudely turfed out of because of some funny business with MMA2. It doesn't seem to be the way to treat people who came prepared to do business, even on terms that were advantageous to themselves.

I don't know if things are ever going to change in Nigeria. I remember the advent of Virgin Nigeria and how it was going to usher in a new era and blah-blah-blah... It now reads very much like "business as usual," just another unwary set of investors sold a pup by Nigeria.

Fair or not, you would think that the government would want to avoid this sort of dispute simply because of the image problems.

I was told very strongly not to bother my present employers with any questions about looking for work in Nigeria. Angola is okay but Nigeria is a no-no. Well, part of it is the way that they locked up one of the senior pilots when he was forced to make a precautionary landing in Calabar on a ferry flight. Instead of giving him help and assistance they acted as if he were some sort of James Bond type in a small ag plane. Well, the airport thugs had their fun then but they also screwed the image of the country for this lot.

Some of you guys even seem to find this amusing, I think. Laugh if you like but then don't moan about the outside world being so negative about Nigeria.

Give us old fogies a break, by the way, if you want us easily to be able to read and respond to what you write. If you break stuff up into paragraphs, use standard spelling and punctuation, avoid violent colours that frighten the horses... then you might reach a wider audience than just your home boys. This is some sort of international forum, after all.

[GroskinTheFlyer]

Bi-Courtney is one of the companies shortlisted by the Fed Min of Agriculture to bid for supply of Fertilizer to farmers(2008 farming season)
Weekly Trust feb 23,08 page 13.

What a weird diversification or combination

[surely not]

Bi-Courtney is one of the companies shortlisted by the Fed Min of Agriculture to bid for supply of Fertilizer to farmers(2008 farming season)
Weekly Trust feb 23,08 page 13.

What a weird diversification or combination

Is it really that weird? Isn't a major part of fertiliser sh!t?

[18left]

JAGUNMOLU in refererence to your post who looses?
Nigeria as a whole stand to loose a lot,as a few people have ponited out Virgin group have really nothing to loose.We all know nobody wins a battle against govt except amaechi,peter obi,audu of kogi so.............surpised

But lets think deeper,theres more likely hood of the virgin group pulling out than ARIK,what happens to the 1500 plus nigerian employees?where will bicourtney get the airplanes to park at MMA2 to repay his debt?
People say that virgin did not bring much to the table in setting up VK as such most of the cash came from local investors,now we understand why!do you blame them?they probably could see into the future!what happens to this local investors who are fellow nigerians?

Finally jagunmolu,if you where given a very lucrative deal by the govt and you signed an agreement,and you needed finance from a bank,if you owned the bank would you fund such a venture with what you know now?VK NITEL ET ALL
Would you not be scared that the deal will be reversed?

still who looses? nigerians loose plain and simple like african cup of nations

[Flying Touareg]

This matter will die quietly.VK has on its board some influential locals who i m sure will pull some strings at the right time.

VK has come to stay, and i am sure most Nigerian Officials are still using VK, and enjoying the services.The Nigerian Govt stands to lose more should VK pull out.

I am confused on Arik's position on the matter.The company agreed to move out of the international terminal, however the management is now making threats to move out of the country

[jagunmolu]

Re:WHO LOSES?

Yeah,who loses if nobody wins?satirically who really loses?Heads you win,Tails you lose,money has been spent by all parties involved and everyone ,s trying to recoup money spent on thier investment,i believe theres something called arbitration which is where such issues are settled ,not law courts where stands are taken and everything becomes personal to a point that even subtle colors start to offend the sensibilities of some (posters);not to talk of the investing public.VK has a lot of biggun investors ,i agree where were they? when all these issues seem to be getting to the critical point or PNR?Constructive dialogue between all parties could easily have checkmated this problem and not who is right or wrong.When the going gets tough ,the tough begs in private(commonsense)Lets see how much tough talk can get us,Yes its gonna affect us all,we are gonna be sorry,we are gonna lose,but since when did the govt start caring about all this?examples abound.Dear CHUKS.you dont like my colours you dont have to read my posts,its a free world where everybody is entitled to an opinion and colour,you may also not like the colour of my skin and i dont give a dmn,ITS CALLED PPRUNE AND I GUESS YOU KNOW WHAT THAT MEANS IN WHATEVER COLOUR YOU SPEAK....X

[Rani]

>> Is it really that weird? Isn't a major part of fertiliser sh!t? <<

LMAO Good one

[chuks]

How alarming!

Are you the same colour as your posts, Jagunmolu? That's frightening, dude!

I dunno ... First thing, I have no idea how to get the wild colours. Next, I just let the words do the work. If the ideas aren't good enough, are bright colours really going to help? Black letters on a white background will just have to suffice, I guess.

I just knew I shouldn't have sat next to that South African at lunch the other day. His racist cooties have obviously infected me. Well spotted there, and from so far off!

No, actually, try not to be so boring. I expected someone to play the race card, just not over this issue. The only colour that matters in this game is "green", last time I checked or do you think Nigerians should be allowed to play by special rules when it comes to how they treat investors?

Eldridge Cleaver once said that "If you aren't part of the solution then you are part of the problem."