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Re: South African-nigerian Free Trade Treat Likely by paniki(m): 5:32pm On Jul 05, 2013 |
solomon111: Sorry,we don't need your 'long' list. It's true that Nigeria can make stuff but as Andrewza has been explaining, Nigeria does not have the capacity to be a competitive industrial base. Most things manufactured in Nigeria will always be found cheaper elsewhere, this due to the difficult business environment and it's not only limited to power. Once you fix power, you will be faced with other problems like logistics. But power problem alone shows the most bleak prospect for Nigeria. The electricity problem is not something that will get sorted overnight. South Africa had blackouts in 2008 which prompted Eskom(state owned utility) to start building new power stations, those power stations are under construction and will be completed in 2017. In the meantime Eskom has been spending millions on adverts that tell people to not use power and in some instances they are forced to do this... ESKOM has invoked its right to disrupt the power supply to BHP Billiton’s aluminium smelters in the case of an emergency as demand by households showed signs it will exceed the state-owned utility’s capacity to generate enough power this winter.http://www.bdlive.co.za/business/energy/2013/06/14/eskom-will-divert-power-from-billiton-whenever-demand-exceeds-capacity So good luck to Nigeria |
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