BLACKPANTHER:
U even price am well. Am from the North,28 barrels"ll equate the whole bags MUMU. May b ur laughing, u just dnt knw wht oil will b by the next ten years abi?

tpia@:


The company packaging the peanuts might be owned by a nigerian, and besides, ghanaians possibly consume more peanuts than nigerians do, since they also use theirs in sauce, unlike most nigerians. They even have their own locally made peanut butter.

Besides, they might be importing peanuts from nigeria, who knows.

However, i do see your point, nothing prevents nigerians from packaging peanuts also.

Rossikk: Firstly, even without 'pyramids' Nigeria is fourth in global peanut production, after China, India and the United States.

http://en.wikipedia.org/wiki/Peanut

Second, stop this unnecessary nostalgia. Nations are moving beyond dependence on exporting raw commodities and cash crops. The emphasis now is on value-addition. You add value to your raw materials by innovation and manufacturing, and yield far higher returns when you sell the products at home and abroad, helping to boost local incomes, economic activity, and employment.

Instead of loading up raw peanuts in pyramids for export, create industries close to this source that manufacture stuff from peanuts:



''Paint, varnish, lubricating oil, leather dressings, furniture polish, insecticides, and nitroglycerin are made from peanut oil. Soap is made from saponified oil, and many cosmetics contain peanut oil and its derivatives.''

This is what we should be doing with our raw materials. Adding value.

Rossikk: Firstly, even without 'pyramids' Nigeria is fourth in global peanut production, after China, India and the United States.

http://en.wikipedia.org/wiki/Peanut

Second, stop this unnecessary nostalgia. Nations are moving beyond dependence on exporting raw commodities and cash crops. The emphasis now is on value-addition. You add value to your raw materials by innovation and manufacturing, and yield far higher returns when you sell the products at home and abroad, helping to boost local incomes, economic activity, and employment.

Instead of loading up raw peanuts in pyramids for export, create industries close to this source that manufacture stuff from peanuts:

''Paint, varnish, lubricating oil, leather dressings, furniture polish, insecticides, and nitroglycerin are made from peanut oil. Soap is made from saponified oil, and many cosmetics contain peanut oil and its derivatives.''

This is what we should be doing with our raw materials. Adding value.

Rossikk: Firstly, even without 'pyramids' Nigeria is fourth in global peanut production, after China, India and the United States.

http://en.wikipedia.org/wiki/Peanut

Second, stop this unnecessary nostalgia. Nations are moving beyond dependence on exporting raw commodities and cash crops. The emphasis now is on value-addition. You add value to your raw materials by innovation and manufacturing, and yield far higher returns when you sell the products at home and abroad, helping to boost local incomes, economic activity, and employment.

Instead of loading up raw peanuts in pyramids for export, create industries close to this source that manufacture stuff from peanuts:

''Paint, varnish, lubricating oil, leather dressings, furniture polish, insecticides, and nitroglycerin are made from peanut oil. Soap is made from saponified oil, and many cosmetics contain peanut oil and its derivatives.''

This is what we should be doing with our raw materials. Adding value.

ikenga67:

Where is the value-added in crude oil exportation? What is wrong with feeling nostalgic for a time when our economy was actually diversified and there were many centers of economic empowerement?

Rossikk:

Our refineries are operating at over 60% capacity at present, so there is some value addition taking place in the oil sector. In today's competitive world, exports of raw groundnuts do not constitute economic empowerment, but rather, signal economic dependence and underdevelopment. India produces far more groundnuts than Nigeria ever has. But they export only 14% of their annual yield. The rest is taken up by local industries producing peanut oil and other various items for the local market and for export. That's development.

Rossikk:

Our refineries are operating at over 60% capacity at present, so there is some value addition taking place in the oil sector. In today's competitive world, exports of raw groundnuts do not constitute economic empowerment, but rather, signal economic dependence and underdevelopment. India produces far more groundnuts than Nigeria ever has. But they export only 14% of their annual yield. The rest is taken up by local industries producing peanut oil and other various items for their home market and for export. That's development.

Abagworo:


My friend you are a very big liar. Port Harcourt refinery is not functioning and you are claiming 60% where did you get that from. If our refineries work at 60% we will start export of some finished products.

Abagworo:


My friend you are a very big liar. Port Harcourt refinery is not functioning and you are claiming 60% where did you get that from. If our refineries work at 60% we will start export of some finished products.

ikenga67:

I asked about crude oil exportation and you are telling me about refining done for domestic consumption. Or are we exporting refined petroluem products now? I dont understand you logic - so you are advocating that if we cannot add value to agricultural products, we should just discourage their production to avoid "economic dependence?

Go and tell the cocoa farmer in the West, the groundnut farmer in the North and the palm oil farmer in the east that their products do not empower them and their families economically because they are exported in the raw state they products left their farms!

Rossikk:

Who said anything about ''cannot''. I never said we ''cannot''. I said we CAN and we SHOULD add value.




Dude, their counterparts in other parts of the world do not deal in peasant farming of cocoa and groundnuts for a pittance which you call empowerment. They deal in mass production via mechanized farming and modern techniques which create cheap products that target value adding industries, which in turn purchase in bulk off them, leading to genuine wealth for farmers. This is why farming communities in the west are so well off. Drive through rural England or the US and see how their farmers live. Very wealthy.

redsun: All those structures could have easily be transform into monuments,buildings and metal structures that show cases human ingenuities in creating and making marks.

Rossikk:

Now I've heard it all.

Mr Aboki: See groundnut pyramids in 2013:

Rossikk:

When last did you step foot in Port Harcourt refinery to know its state of operation?

You DO realise you cannot gauge its operations from your local beer parlour?



Excerpts:



Three Nigerian refineries producing beyond 60% capacities

May 3, 2013

The management of the state-run Nigerian National Petroleum Corporation (NNPC) has said that the production of premium motor spirit (PMS) at three of its refineries has reached a combined level of 10.23 million litres per day ie over 60% of installed capacities.

An NNPC statement on Thursday in Abuja quoted the Group Executive Director of Refining and Petrochemicals, Anthony Ogbuigwe, as saying the Kaduna Refining and Petrochemical Company was currently running at 65%; Warri Refining and Petrochemical Company at 63%; and Port Harcourt Refining and Petrochemical Company at 66% of installed capacities.

According to Ogbuigwe, the refineries are currently producing 5.53 million litres of dual purpose kerosene daily and 8.016 million litres of automotive gas oil or diesel daily.

“I can tell you with every sense of responsibility that contrary to the news making the round, all our refineries are doing very well. The major components and various units of Fluid Catalytic Cracking Units, Crude Distillation Unit and Vacuum Distillation Unit of all the refineries are working well. In fact, these refineries have been running consistently for over three months now,” he said.


http://en.starafrica.com/news/three-nigerian-refineries-producing-beyond-60-capacities-official.html

PAGAN 9JA:
Isnt this Dangotes Grandfathers business

redsun: All those structures could have easily be transform into monuments,buildings and metal structures that show cases human ingenuities in creating and making marks.

If only nigeria was a country.

chess guru:
Loooool another funny poster!!
Am gonna hang on a limb here and assume you really got no clue of what this thread is all about, and what the train of thought has been so far.
If I get you correctly, what you are saying is....eh we could easily turn the "pyramids" of sacks of GROUNDNUTS into buildings , structures , and landmarks
What engineering / economical sense are you making here mate?
Is it that the name "pyramid" is confusing u like its confusing so many NLanders ?
A pyramid is J̶̲̥̅̊u̶̲̥̅̊S̤̥̈̊τ̲̣̣̥ a blimey shape 4 crying out loud, we can put so much sentiments in things.

Nawtipet:
*Carries Newspaper to read*, *yawns*...* falls asleep*

Rossikk:

The problem is you people do not follow developments in Nigeria. You think you know the country but you don't. Nigeria is fourth in global peanut production, after China, India and the United States, even without 'pyramids'.

http://en.wikipedia.org/wiki/Peanut

http://www.fas.usda.gov/psdonline/psdreport.aspx?hidReportRetrievalName=BVS&hidReportRetrievalID=918&hidReportRetrievalTemplateID=1#ancor


I reckon we probably have more sophisticated methods of storing our grain these days. I don't see China or USA flaunting ''groundnut pyramids'' even though they're the world's biggest producers.

This is the same Nigeria you say agriculture has ''collapsed'', with some peabrain posting market women selling in trays above as representing our groundnut exports. That's the ignorance caused by laziness to research or go out there and see what is really happening, rather than sitting in your beer parlour thinking you know what you really don't know.

nanaboi: @Rossikk, it must be excruciatingly exasperating to join issues with these a**wipes on here that can't understand sense in wateva languague it's conveyed.

@topic, has anyone bothered to check the manufacturers' addy on the common peanut that sells (for N50 currently) like satchet water in most neighbourhoods? Aboki kiosks no dey miss get am.
That stuff bears a Ghanaian addy. Shame coz we're 4th behind 3 countries & Ghana is not even 1 of them; but, apparentli, they know wat 2 do with peanuts & we don't. Pathetic.

chess guru:
Loooool another funny poster!!
Am gonna hang on a limb here and assume you really got no clue of what this thread is all about, and what the train of thought has been so far.
If I get you correctly, what you are saying is....eh we could easily turn the "pyramids" of sacks of GROUNDNUTS into buildings , structures , and landmarks
What engineering / economical sense are you making here mate?
Is it that the name "pyramid" is confusing u like its confusing so many NLanders ?
A pyramid is J̶̲̥̅̊u̶̲̥̅̊S̤̥̈̊τ̲̣̣̥ a blimey shape 4 crying out loud, we can put so much sentiments in things.