40,000 may be lost, but more than that will be created if the plan works.


Yes to localisation

Lilimax:
You dey mind them?

All I know is that whatever may be the situation, me and my own shall be the last man standing

Selfish soul. You think u are free if you and your family are enjoying.

wiseoneking:
Selfish soul. You think u are free if you and your family are enjoying.

I am free and I don't know about you.
You may choose to be in bondage if you like
(no offense)

Please the policy is good. 40,000 people will lose their jobs in the manufacturing industry, maybe yes. but I can assure you that not less then 200,000 will gain new jobs in the agricultural sector, etc and after a while, they can exceedingly meet the demand of the manufacturers, the 40,000 or more will regain their jobs in new manufacturing companies or the existing ones that have embraced the new locally sourced materials. Simple logic.

don't mind them. a typical corrupt Nigerian will rather have 5k to his/herself alone than for 10,000 people having 1k each

cruzyteejay:
Am beginning to gain hope in my country again,xo happy with this current development.......am not going to criticize anybody but i wonder why some people will involve politics in this kind of issue....what has the presidency to do with this?....i know the post didn't state THE PRESIDENCY ORDERED FOR A REVIEW IN......."some people are just too ignorant and that's why they can't think beyond the context......they only saw 40,000 jobs to be lost,but failed to realise or view the intention of why they will have to lose their job,they lost their job so as to create another job opportunity that can involve and continuously earn more than half of nigerians,its only to save Nigeria,for those who tune to stv,the latest released version of Ben Bruce's "COMMON SENSE" was based on the agricultural sector,pls you guys should think to create and not always finding irrelevant stuff just to win arguments.........i pity these e-warriors,i just wish and pray that this one won't fail also,because from where i view it,its one thing that can save Nigeria and will make it a better place

your case is parochial

Lilimax:
You dey mind them?

All I know is that whatever may be the situation, me and my own shall be the last man standing

The figure isn't exaggerated, considering the policies and fall in oil price alone, I have witnessed close to 5000 layoffs in the past two months alone.
I am not talking of statistics am talking of company I was working for and other companies that I have friends in lagos alone.

Just extend that figure with the coming recession, further oil fall, inflatation, increasing number of 'employable' graduates daily, further withdrawal of investments and lower consumer demand and you would realise that this country is in for some serious shit in 2016.

I just pray I can still purchase chicken for easter next year.

P.s Men in their 70's are still being appointed as ministers.
What the Bleep is wrong with Nigeria

123papas:
Please the policy is good. 40,000 people will lose their jobs in the manufacturing industry, maybe yes. but I can assure you that not less then 200,000 will gain new jobs in the agricultural sector, etc and after a while, they can exceedingly meet the demand of the manufacturers, the 40,000 or more will regain their jobs in new manufacturing companies or the existing ones that have embraced the new locally sourced materials. Simple logic.

It sounds quite reasonable and profitable but if you do your research well you would realise that the necessary counter policies needed to effect the efficiency of the policy is not being put in place hence my wailing.

HIGHESTPOPORI:
The President Body Language would replace d 40,000 with 80,000 in 2016,Sai Baba!

Y DONT U STOP DIS SAI BABA RUBBISH N WAIT TILL 2016 2 IF NIGERIA WILL BE BETA OR NOT

Adesiji77:
40,000?

How did they arrive at the figure?



http://www.vanguardngr.com/2015/10/cbn-policy-massive-job-cuts-looms-in-manufacturing-sector/ lalasticlala, dominique

lo batan

it will be driven by market forces of supply and demand

Chanzy1:


It sounds quite reasonable and profitable but if you do your research well you would realise that the necessary counter policies needed to effect the efficiency of the policy is not being put in place hence my wailing.