yang:
And Palm Oil. The zoo is hopeless. Their case is beyond this doctor

erico2k2:

Did he remove ban on furniture?

carterkelly1:
who n who chop am

stinggy:
Chimkaire

chimkaire:
...hai! . This thread no "consign" tolotolo or goat head

kendrick9:
660bn for chicken? i smell lies.

stinggy:

Thought I saw
They should come and ban turkey sef

chimkaire:
beht why
They can ban ram importation but not "itonkii"

Oduntan explained that while locally farmed poultry meat is sold without preservation, the smuggled ones are preserved with hazardous chemicals, adding that formalin load in all smuggled poultry products ranges from 42.9 to 63.3ml/kg.

Stolen:
We spent even more on imported furnitures and textiles, did that stop Buhari from removing ban yesterday?


The truth is competition is good for this country and makes lower prices.



This policy is about maintaining the status quo and enriching Dangote, Buhari did not consider local industry wen he lifted the ban on Furniture and Textile just yesterday but here he is placing ban on the commodities of the common man, so Dangote can fix the price and enrich himself without us having any cheaper alternative.


Nigeria is doomed with this kind of economy management.

stinggy:

Have I ever been a beneficiary of all I've been seeing?

Stolen:
We spent even more on imported furnitures and textiles, did that stop Buhari from removing ban yesterday?


The truth is competition is good for this country and makes lower prices.



This policy is about maintaining the status quo and enriching Dangote, Buhari did not consider local industry wen he lifted the ban on Furniture and Textile just yesterday but here he is placing ban on the commodities of the common man, so Dangote can fix the price and enrich himself without us having any cheaper alternative.


Nigeria is doomed with this kind of economy management.

DanjaNinja:


As absurd as it may seem, those figures are "TRUE". Lemme break it down for you. A Kilo of chicken costs between N800 - N900 and Nigeria has over 170 million people. Lets assume 20% of that figure consume chicken regularly. Twenty percent means out of every ten nigerians, only 2 consume chicken weekly. That leaves us with 34 million regular chicken consuming Nigerians. Please note am being conservative with my estimates.

Furthermore, lets assume the average Nigerian consumes 2kg of chicken. Meaning, on a weekly basis, the average chicken consuming Nigerian spends N800 x 2 = N1,600. Dont forget these are just minimum estimates. Actual figures should be much more than these.

From the above calculation, if 1 (one) Nigerian spends N1,600 on chicken per week, then
34million Nigerians will spend N1,600 x 34 Million = N54,400,000,000!!!! - N54 Billion

Please note this is the selling price and not cost price.
Lets assume cost price, that is the amount the importers paid for importing the chicken, is 65% of the selling price. This means that importers spend 65% of N54,400,000,000 = N35,360,000,000 i.e N35 Billion per week.

And if we spend N35 Billion per week importing chicken, consequently we spend N35 Billion * 52 weeks = N1,855,000,000,000 i.e N1.8 Trillion annually !!!! Do you believe the numbers now? From our little calculation, it is evident that the Poultry Association of Nigeria estimate of N660 Billion wasn't even close.

Imagine loosing N1.8 Trillion annually to illegal Poultry import! How can your economy survive??

munaco:
na lie. almost all western country import chicken or meat and why cant we open a lab for random testing.

persius555:
A nation of waste and laziness. E just dey pain me. Cant nigeria just decide for once to be self sufficient. Nigeria imports anything even as low as baby nappies in billions of dollars. Whats with nigeria and addiction to importation. SMH in annoyance.

Stolen:
We spent even more on imported furnitures and textiles, did that stop Buhari from removing ban yesterday?


The truth is competition is good for this country and makes lower prices.



This policy is about maintaining the status quo and enriching Dangote, Buhari did not consider local industry wen he lifted the ban on Furniture and Textile just yesterday but here he is placing ban on the commodities of the common man, so Dangote can fix the price and enrich himself without us having any cheaper alternative.


Nigeria is doomed with this kind of economy management.

kendrick9:
660bn for chicken? i smell lies.