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Nairaland Forum / Nairaland / General / Business / China To Start Importing From Nigeria - Emefiele, CBN Governor (24295 Views)
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Re: China To Start Importing From Nigeria - Emefiele, CBN Governor by tuniski: 7:28am On Apr 20, 2016 |
princemillla: It doesn't change anything. Buying in cfa,yuan,dollar,pound and what have u boils down to same currency parity! It is just gimmick. 2 Likes 1 Share |
Re: China To Start Importing From Nigeria - Emefiele, CBN Governor by blackpanda: 7:33am On Apr 20, 2016 |
Wailers, where are u |
Re: China To Start Importing From Nigeria - Emefiele, CBN Governor by omogin(f): 8:31am On Apr 20, 2016 |
This clown will do anything or say anything to keep his job 2 Likes 1 Share |
Re: China To Start Importing From Nigeria - Emefiele, CBN Governor by Praizekeyz(m): 8:31am On Apr 20, 2016 |
Don't take tins too serious...we are just here to catch fun |
Re: China To Start Importing From Nigeria - Emefiele, CBN Governor by Lilimax(f): 8:34am On Apr 20, 2016 |
Importing what bikonu? 2 Likes |
Re: China To Start Importing From Nigeria - Emefiele, CBN Governor by Almonda: 8:36am On Apr 20, 2016 |
Wetin we get wey we one export to China? amidst all these scarcity? 2 Likes |
Re: China To Start Importing From Nigeria - Emefiele, CBN Governor by youngmoore(m): 8:36am On Apr 20, 2016 |
That's where we dey make mistake.the best is what u just said I pray for naija oooo |
Re: China To Start Importing From Nigeria - Emefiele, CBN Governor by youngmoore(m): 8:36am On Apr 20, 2016 |
That's where we dey make mistake.the best is what u just said I pray for naija oooo |
Re: China To Start Importing From Nigeria - Emefiele, CBN Governor by classical15(m): 8:37am On Apr 20, 2016 |
Let's just be optimistic and keep our fingers cross that this China deal will yield some serious positive outcome. #standup Nigeria |
Re: China To Start Importing From Nigeria - Emefiele, CBN Governor by krak101(m): 8:37am On Apr 20, 2016 |
what exactly does China intend to import from Nigeria Minerals 2 Likes |
Re: China To Start Importing From Nigeria - Emefiele, CBN Governor by crazygod(m): 8:38am On Apr 20, 2016 |
tit:I tot I was the only one that saw that statement o. How can someone export a product to a country and go to the same country to buy the same product again? Where exactly is the sense in that? 2 Likes |
Re: China To Start Importing From Nigeria - Emefiele, CBN Governor by Pidggin(f): 8:38am On Apr 20, 2016 |
tit: Na so me sef dey laff. |
Re: China To Start Importing From Nigeria - Emefiele, CBN Governor by Chukzyfcb(m): 8:38am On Apr 20, 2016 |
Some items? What items exactly....if not OIL, what else do we export that is cheaper than the one produced in china...last I heard from president of MAN(manufcturers association of Nigeria), cost of manufacturing in 9ja is 9 times more than cost of manufacturing in china. So I repeat, what exactly are the "some items" 2 Likes |
Re: China To Start Importing From Nigeria - Emefiele, CBN Governor by AreaFada2: 8:40am On Apr 20, 2016 |
989900: No need for light. FG don't see that as priority. Maybe they think China produces goods with darkness. Will China import finished goods made with Generator power at expensive rate? What can we produce cheaper than China anyway? It will be usual raw materials: teak wood, cassava for industrial starch and those cheap raw materials. Soon 9ja will be 20 to billion in trade deficit with China. |
Re: China To Start Importing From Nigeria - Emefiele, CBN Governor by agabaI23(m): 8:40am On Apr 20, 2016 |
China has been importing from Nigeria for long. One of the products is casava flakes... It is nothing new. If he said they increase importation, that's different 1 Like |
Re: China To Start Importing From Nigeria - Emefiele, CBN Governor by youngmoore(m): 8:43am On Apr 20, 2016 |
I wish it works out coz what's that china want to important again instead of us look for small country and start making money from them |
Re: China To Start Importing From Nigeria - Emefiele, CBN Governor by Deen77: 8:43am On Apr 20, 2016 |
989900: Ajaokuta steel can be developed and export. 1 Like |
Re: China To Start Importing From Nigeria - Emefiele, CBN Governor by prinsam30: 8:45am On Apr 20, 2016 |
great moves but let's watch out |
Re: China To Start Importing From Nigeria - Emefiele, CBN Governor by dungburu: 8:46am On Apr 20, 2016 |
THE DECEPTIVE SCAM IS TO ALLAY YOUR FEARS N KEEP U HOPEFUL TILL END TIME.. CAMPAIGN AFTER ELECTION. WE WILL.... (FUTURE TENSE) ZOMBIES ARE ALREADY FANTASIZING OVER DEAD AND UNREALISTIC DEAL.. THATS A COOL COMFORT ANYWAY. IT IS THE APC ZOMBIES THAT WILL TELL U STARVATION IMPROVES HEALTH. YEYENATU! 2 Likes |
Re: China To Start Importing From Nigeria - Emefiele, CBN Governor by emmyblackky(m): 8:47am On Apr 20, 2016 |
the truth is, China will not import anything other than our raw materials & at a very cheap rate; after all we don't have any industrial products to export to Chad or Cotonou not to talk of Chinko China. Emefiele wake up and work 1 Like |
Re: China To Start Importing From Nigeria - Emefiele, CBN Governor by deucelaw: 8:49am On Apr 20, 2016 |
princemillla: Weldone bro, thumbs up....some of us are re-positioning ourselves to see how we can profit massively from this...Some other ones are either criticizing or onlookers. New wealth and millionaires will emerge from this step while those who only see negative will pay the price. |
Re: China To Start Importing From Nigeria - Emefiele, CBN Governor by anitank(f): 8:50am On Apr 20, 2016 |
What exactly will China be importing from us? 1 Like |
Re: China To Start Importing From Nigeria - Emefiele, CBN Governor by dungburu: 8:52am On Apr 20, 2016 |
I could still remember some mumu from north here saying if Buhari emerges, they would add more wives because things would be cheaper as peak milk will go back to N1. Did u see d lives of people that reason from their anus? |
Re: China To Start Importing From Nigeria - Emefiele, CBN Governor by adepiero: 8:53am On Apr 20, 2016 |
OP, kindly correct your english. Its import "to" and not "from" |
Re: China To Start Importing From Nigeria - Emefiele, CBN Governor by Osgilliat(m): 8:53am On Apr 20, 2016 |
tit: There is no country that provides ALL her needs with comparative advantage. There will always be something that we have in abundance and that they don't have.. All we need to do is to step that thing to the highest level and gbam!! I really hope this country get it right this time.. For the sake of us all.. |
Re: China To Start Importing From Nigeria - Emefiele, CBN Governor by Nobody: 8:55am On Apr 20, 2016 |
To me, i cant believe any govt unless it has begins its full course on it |
Re: China To Start Importing From Nigeria - Emefiele, CBN Governor by princemillla(m): 8:57am On Apr 20, 2016 |
tuniski: It's does Bro, If the govt can be sincere with this deal, then it's a win win for Sharp Nigerians. I used to convert their rate from rmb to dollars them to naira. The worst part is to buy dollar back then but with this now. For example : the exchange rate using yuan to naira. 1 naira is 30.1 to 1 Rmb so, it mean if am buying something worth 200 rmb is : using Direct Rmb 30.1x 200= 6020 naira Using Usd 1 usd = 6.5 rmb 1usd to naira is 199 ( cbn exchange rate) Now break it down using our 200 rmb worth of goods 200 rmb is = 30.9 usd Now 30.9x199=6149 Compare the difference 6149-6020 = 129 naira Imagine if you are buying in Stocks. |
Re: China To Start Importing From Nigeria - Emefiele, CBN Governor by princemillla(m): 8:58am On Apr 20, 2016 |
deucelaw: Thanks and appreciate, we r sure gonna make it real big |
Re: China To Start Importing From Nigeria - Emefiele, CBN Governor by BizBloke(m): 8:59am On Apr 20, 2016 |
It's a known fact that exports and imports work pari passu to establish trade balance or imbalance (if it's not properly done). It really took this long to figure? Nonetheless, a good one. I hope it's not just about tooting a horn before the actual do; before Emefiele bigs Nigeria up, implementation should be in progress and not the dilly dally associated with government participation in the economic progress of Nigeria. Fingers crossed! |
Re: China To Start Importing From Nigeria - Emefiele, CBN Governor by Springz(f): 8:59am On Apr 20, 2016 |
'to start' 'to implement', 'to produce ', ' to open'..... I think Nigeria is way past this future reference dust. You want to do something, do it. |
Re: China To Start Importing From Nigeria - Emefiele, CBN Governor by abdulrazaq4(m): 9:01am On Apr 20, 2016 |
That will go a Long way to increased our Gross Domestic Products (GDP) |
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