Alikote:
when avenger dey blow pipeline that is the source of the dollars to the economy edey sweet ipod and co now we lost 1 billion barrel of exportable crude which will have earned us 26 billion dollar ....when u blow gas pipe there will not be electricity and we all suffer buhari will not suffer he will have access to dollars and electricty na we poor nigerian go suffer

P0intBlank:


1 billion barrel? That's not correct

ehie:

INNOSON IS NOT ASKING THE GOVERNMENT FOR AID BUT FOR THE ABILITY TO ACCESS MATERIALS WHICH HE CANNOT, YET YOU DENY HIM THIS,
WHAT HAS THIS FOREX POLICY BEEN ABLE TO ACHIEVE, IS IT THE RICE SELLING FOR 20,00 WHEN THE MINIMUM WAGE IS 15K..

IS IT THE SICK THAT HAVE NO ACCESS TO HEALTHCARE ABROAD , IS IT DENYING NIGERIANS THE RIGHT TO ACCESS QUALITY EDUCATION IN ANY COUNTRY THEY DEEM FIT,

WHAT HAS THIS GOVERNMENT ACHIEVED.HOW WILL HE INNOVATE WITH NEPA BILLING HIM 50 MILLION A MONTH,

WHAT DOES HE MAKE, THIS IS MAN EMPLOYING 450 PEOPLE, ALMOST A MINISTRY,

COUNTRIES YOU EMULATE WERE BUILT ON SMALL BUSINESS, BUT YOU RATHER DESTROY THE FEW ONES TRYING TO MAKE IT HERE, ALMOST ALL FOREIGNERS ARE DUMPING THEIR SHARES AND RELOCATING BUT NIGERIA IS KILLING THE FEW NIGERIANS WHO ARE PATRIOTIC, I DONT BLAME YOU, ITS BECAUSE YOU HAVE NEVER EMPLOYED ANY ONE IN YOUR LIFE, NEVER PRODUCED A THING BUT A A PRODUCT OF A PARASITIC SYSTEM...
UNA TOO MUMU WITH NO ECONOMIC RECOVERY PLAN, NO WONDER YOU WERE BOUNCED BY ADESINA AND WORLD BANK MUMUS IN GOVERNMENT ..
WHEN U HAVE AN ECOMIC RECOVERY PLAN I WILL READ YOUR STINKING COMEBACK LINE LOSER (S)

ILIDEFI:


What you dont know is the worth of products manufactured from the $3 million. If they are worth $7 million for example, it means his company saves $4 million dollars for the country per month. I don't think it's a bad deal.
Remember that much of what is used in plastics production comes from our petrochemicals, and the plant is said to be the largest in West Africa, hence the need for large imports.

vani86:


OMG you are actually a hyper dullard.

If you actually read the writeup, it focused on its plastic factories which is the biggest in west africa, and yea naija aint developed fully to produce all materials needed for the factory hence the need to import. Besides the CBN has a 60% to 40% forex ratio where 60% go to manufacturers who need raw materials for their factory and 40% is for the rest. Now if someone as rich and connected as innoson cant even secure forex for the RAW materials his factory needs, what do you think is happeneing to the little manufacturers in nigeria.

My own factory have shut down as well cuz of this same issue, a factory that had over 1.5 billion revenues per month in 2015.

It is really sad.

Akainzo:



You lack an ability to think rationally and logically, otherwise you would realise that when Forex is not available many that want it would not get it. If you had paid a little more attention at the Economic class in your secondary school, you would understand what happens when demand is higher than supply. No one is out to destroy Innosson.

BTW, if you need a jb, kukuma say you want one.

Akainzo:



You lack an ability to think rationally and logically, otherwise you would realise that when Forex is not available many that want it would not get it. If you had paid a little more attention at the Economic class in your secondary school, you would understand what happens when demand is higher than supply. No one is out to destroy Innosson.

BTW, if you need a jb, kukuma say you want one.

Akainzo:


If your company was making 1.5 billion per month in 2015 and it shuts down in 2016 because of Forex, clearly it was not a business built on any structure, it had no business plans or strategy but was being sponsored by "patronage".

The other reason would be simple, you or whoever is running the factory is a dullard!

Akainzo:


If your company was making 1.5 billion per month in 2015 and it shuts down in 2016 because of Forex, clearly it was not a business built on any structure, it had no business plans or strategy but was being sponsored by "patronage".

The other reason would be simple, you or whoever is running the factory is a dullard!

Lordsocrates:
it will be very very funny to see Biafrans protesting for Nigeria ...
Foreign Exchange scarcity---I thought we had Inosson to produce cars so we don't waste foreign exchange in importing foreign cars...So if Innospn is importing these same car to package then which way.

On PHCN, that one na true talk since dem sell off our PHCN na so so electric tariff dey high, but light no dey....

I will join the protest from my phone.

Lordsocrates:
it will be very very funny to see Biafrans protesting for Nigeria ...
Foreign Exchange scarcity---I thought we had Inosson to produce cars so we don't waste foreign exchange in importing foreign cars...So if Innospn is importing these same car to package then which way.

On PHCN, that one na true talk since dem sell off our PHCN na so so electric tariff dey high, but light no dey....

I will join the protest from my phone.

kennygee:
Welcome on board Mr. Innoson.

freeborn76:
Who was buying Innosson before? Even Southeast governors do not patronize the man...stop looking for excuse. If you wan join protest, join protest, don't come here dey yan nonsense

Lordsocrates:
it will be very very funny to see Biafrans protesting for Nigeria ...
Foreign Exchange scarcity---I thought we had Inosson to produce cars so we don't waste foreign exchange in importing foreign cars...So if Innospn is importing these same car to package then which way.

On PHCN, that one na true talk since dem sell off our PHCN na so so electric tariff dey high, but light no dey....

I will join the protest from my phone.

vani86:


doubt you have evr worked in your life, enough said. like i said you are a dullard, so innoson plastic management are incompetent, but are the biggest in west africa as well as erisco foods, or airtel that is about pulling out of naija or dangote tomato factory that shut down should i continue

dude abeg just hide your head in shame, you have been schooled

Alikote:
1 million barrel over 1095 days still counting .....production reached all time low to 900,000 barrel during umaru yaradua now its till 1.5 over 2years this are expected accrued dollar income that mend ,avengers taught they are hitting buhari and the north cos of economic illiteracy not knowing that their ipod cousin need the dollar to remain in bussiness and their ijaw citizens need it to import cheap rice we are all suffering....next time dont support criminality against nigeria


maiduguri is till in mess cos of long year of silence support for boko haram untill the baton turned

manny4life:


But Dangote has access to that same supply right? The man hasn't accessed FOREX in 6 months for a company who has 150 lines of plastic manufacturing creating 4,500+ jobs, and you're claiming your economical nonsense, continue deceiving yourself..

P0intBlank:


1) How did you arrive at 1095 days?

2) When did we have the all time low production level of 900,000 barrels? Provide reference(s)

3) Avengers, IPOD are not names synonmous with Yaradua's government. Your first write-up is misleading. You seem to create the impression we've lost 1 billion barrels during Buhari's reign and that's why we are having all these economic problems.

Alikote:
https://www.google.com.ng/url?sa=t&rct=j&q=&esrc=s&source=web&cd=2&cad=rja&uact=8&ved=0ahUKEwjcy_TB--TRAhXGORQKHfoOBYcQFggeMAE&url=http%3A%2F%2Fwww.vanguardngr.com%2F2016%2F07%2Fattacks-oil-facilities-nigeria-economy-lost-n1-0trn-six-months%2F&usg=AFQjCNGyKeHDixiQdZpqMa5BNmmIEgn9wg&sig2=lmxSrdfJn9x673qA1sb5eg&bvm=bv.145822982,d.bGg

P0intBlank:



1) Thanks but 1 billion barrels is several times more than 1 trillion Naira.

2) No where in the article does it say we producing 900,000 barrels per day nor have you told me how you arrived at 1095 days

Alikote:
dont know what ur up to may an avenger but let me help u 1 billion barrels @25 dollar with production cost @12 dollars per barrel left with a profit of 13 dollar plus cost of financing 3 dollar u left with 10 dollar ,,,,it a joint venture so ioc take 5 dollars ,,,,,,nigeria goverment 5 dollar X1 billion barrel @180 naira that almost a trillion naira