July 28th, 2012 by NewsRescue
“Nigeria is a country we SHALL NEVER consider to doing business again…” by Sir Richard Branson, Chairman Virgin Atlantic
Posted on July 28, 2012
“…..Nigeria people are generally nice but the politicians are very insane…”
“….We put …together a very good airline-the first airline in West Africa that was ever IOSA/IATA operational safety audit accredited but unfortunately it got tied down to the politics of the country..”
“…..The joint venture should have been the biggest African carrier by now if the partnership was allowed to grow, but the politicians KILLED it…Nigeria is a country we SHALL NEVER consider to doing business again…..”
The rich international businessman, Richard Branson, has lambasted the crop of leaders we have in Nigeria for their high level greed which, according to him, is killing big brands wishing to do business with the government of the country, for the growth of Nigeria’s economy.
Below is the revelations by Mr. Branson on his experience in Nigeria…
The chairman of Virgin Atlantic said: “…we have virgin’s ill-fated footsteps by setting up a new airline in Africa in conjunction with Nigerian government…the details of the doomed attempts to crack the Nigerian market in the 2000s is better imagined…we put …together a very good airline-the first airline in West Africa that was ever IOSA/IATA operational safety audit accredited but unfortunately it got tied down to the politics of the country…we led the airlines for 11 years…
“We fought daily battle against government agents who wanted to daily make fortune from us, politicians who saw the government 49% as a meal to seek for all kinds of favour…watchdogs (regulatory body) that didn’t know what to do and persistently asking for bribes at any point…Nigeria people are generally nice but the politicians are very insane…that may be irony because the people make up the politicians…
“But those politicians are selfish…we did make N3billion for the federal government of Nigeria during the joint venture…realising that the government didn’t bring nothing to the table/partnership except dubious debts by the previous carrier, Nigeria Airways…The joint venture should have been the biggest African carrier by now if the partnership was allowed to grow, but the politicians KILLED it…Nigeria is a country we SHALL NEVER consider to doing business again..”
Story link: http://babajidesalu.wordpress.com/2012/07/28/a-must-read-nigeria-is-a-country-we-shall-never-consider-to-doing-business-again-by-sir-richard-branson-chairman-virgin-atlantic/
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Posted in Africa | 5 comments
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jud
Still good that Mr.Richard is now backing up to doing business with Nigeria.In the first place,Never compromise whenever you see something going wrong.Otherwise,you are part of that wrong doings.If ALL foreign firms in Nigeria doesnt colaborate with Nigerians at all levels at the first instance,Nigeria will be a good place for them to do business
Jaqeen Jay
where are we going Nigerian everywhere ,everythings complain of fraud , bribery, corrupt leader Haba safe Nigeria intenrity lay good example for your people hear Richard Branco comment on our so called leader of country. this is bad
http://www.facebook.com/enobakhare.mark Enobakhare Mark
David mark did u hear.u complain of insult on our leaders. by their fruit u shall know them
Anazie Felix
The “BAD SYSTEM” has been like that for ages. am surprised that your agent in Nigeria did not inform you about this before coming to Nigeria to do businee. But you took the right step by backing out of the “CURRUPT LADEN” business. If all potential foreign investors could adopt your step, Nigeria will be a better
http://www.facebook.com/polycarputen.ali Polycarp Uten Ali
Although foreign partners seek to protect their interest more than the host country`s interest, there can be no smoke without fire underneath. We know our people and what they are capable of doing. Richard is just disguisted about the whole mess and now decides to let the cat out of the bag. Most countries have pround national carriers, where is Nigeria`s? This monster called ‘corruption’ must be hunted for and killed among rank and files otherwise, we will go nowhere! Just imagine the insult on our psyche. You don`t blame him because he is ‘hitting the nail on the head’. A country where those who are deemed honourable fail short of it, where the Judge is not above corruption etc, what do you expect? The “fish starts rottening from the head”.
Still good that Mr.Richard is now backing up to doing business with Nigeria.In the first place,Never compromise whenever you see something going wrong.Otherwise,you are part of that wrong doings.If ALL foreign firms in Nigeria doesnt colaborate with Nigerians at all levels at the first instance,Nigeria will be a good place for them to do business
where are we going Nigerian everywhere ,everythings complain of fraud , bribery, corrupt leader Haba safe Nigeria intenrity lay good example for your people hear Richard Branco comment on our so called leader of country. this is bad
David mark did u hear.u complain of insult on our leaders. by their fruit u shall know them
The “BAD SYSTEM” has been like that for ages. am surprised that your agent in Nigeria did not inform you about this before coming to Nigeria to do businee. But you took the right step by backing out of the “CURRUPT LADEN” business. If all potential foreign investors could adopt your step, Nigeria will be a better
Although foreign partners seek to protect their interest more than the host country`s interest, there can be no smoke without fire underneath. We know our people and what they are capable of doing. Richard is just disguisted about the whole mess and now decides to let the cat out of the bag. Most countries have pround national carriers, where is Nigeria`s? This monster called ‘corruption’ must be hunted for and killed among rank and files otherwise, we will go nowhere! Just imagine the insult on our psyche. You don`t blame him because he is ‘hitting the nail on the head’. A country where those who are deemed honourable fail short of it, where the Judge is not above corruption etc, what do you expect? The “fish starts rottening from the head”.
