Obiagelli:
We should be trying to balance trade with these countries expecially china, one would think they are our biggest buyer since they dump a lot of their products here

Maddam Oby, what do you produce that China will import? save for raw materials and extractive goods which we also need right now to tap into to kick start our manufacturing industry.

AZeD1:

I'm all for this. Give them 5 oil blocks and tell them to pay via infrastructure.
Two blocks for power
Two for rail
One for roads

i support this idea and its better than situation where our collective wealth ends up in private pocket.............They should think fast jorrr

it time to use our brain to get what we want

Penisinpenisout:


It's not an opportunity, Buhari worked for this, it was an agreement.
Thats what all the traveling was for

That is what all the travelling was for abi. So he cant send some of his delegates to do such travelling on his behalf. I believe before his tenure ends he would have travelled the whole globe seeking to sell our crude oil. mew.

It is better for Nigeria foreign reserve or for increase in infrastructural loan

SylarsMcQuins:
I just wish this oil wud dry up so we can focus on other resources.

for now bro, nothing generate fast money than crude oil. Except if government on their own plans will focus on other resources apart from crude oil. I mean focusing on crude and other aspects of resources.

God bless you bro. But I can assure you our papa dem wey dey seat of power won't allow that happen cos of their pockets.

braine:
We should trade by barter. Our oil in exchange for trains and road infrastructures. Enough is enough of money entering the pockets of a few individuals.

Alright no p...so who go receive d cash n which bank account e go enter?

tommykiwi:
That is what all the travelling was for abi. So he cant send some of his delegates to do such travelling on his behalf. I believe before his tenure ends he would have travelled the whole globe seeking to sell our crude oil. mew.

Way to go off topic

cybriz82:
Alright no p...so who go receive d cash n which bank account e go enter?

Forex, how do you not know this?

Obiagelli:
We should be trying to balance trade with these countries expecially china, one would think they are our biggest buyer since they dump a lot of their products here

Insightful!

It may not work like that. We still have a lot of nigerian thieves around. Chinise too can easily be corrupted.

AZeD1:

I'm all for this. Give them 5 oil blocks and tell them to pay via infrastructure.
Two blocks for power
Two for rail
One for roads

what an encouraging news to kickstart the week. i believe we are getting there soon. now that NNPC has been splited, monies realised from sales of CO will be accounted for and spend judiciously in the sector needed ....

Good morning Nigeria.

#smh na last nyt dem born u abi? I ask question u too u ansa?

Optimistic news.

AZeD1:

I'm all for this. Give them 5 oil blocks and tell them to pay via infrastructure.
Two blocks for power
Two for rail
One for roads

And when our oil dries up, what happens? Why not get them to invest in education and student exchange programs, so our citizens can learn how to build these infrastructure? This way, irregardless of what happens to oil, we'd have indigenous engineers who would be able to build and handle these projects.

AZeD1:

I'm all for this. Give them 5 oil blocks and tell them to pay via infrastructure.
Two blocks for power
Two for rail
One for roads

*sighs*
I don't know o. But does it not look like we are selling Nigeria to China? You don't Give out your main source of income in exchange for anything o. Maybe when we can diversify the economy we can do that. But for now........

Sweetlemon:


*sighs*
I don't know o. But does it not look like we are selling Nigeria to China? You don't Give out your main source of income in exchange for anything o. Maybe when we can diversify the economy we can do that. But for now........

Dose infrastructures will help diversify the economy in the long run

Good roads and infrastructures attract investors and then industries that will create jobs and stuff

Everything will take time, maybe 2 - 3 years


I pray for a better 9ja

braine:
We should trade by barter. Our oil in exchange for trains and road infrastructures. Enough is enough of money entering the pockets of a few individuals.

your comment rhymes with ur moniker. i love ur comment.

Good news

Sweetlemon:


*sighs*
I don't know o. But does it not look like we are selling Nigeria to China? You don't Give out your main source of income in exchange for anything o. Maybe when we can diversify the economy we can do that. But for now........

Right now, selling to China for like 18 months might not be a bad idea .

sonOfLucifer:

And when our oil dries up, what happens? Why not get them to invest in education and student exchange programs, so our citizens can learn how to build these infrastructure? This way, irregardless of what happens to oil, we'd have indigenous engineers who would be able to build and handle these projects.

I don't mean give them for life, you can quantify how much an oil block would give you in a year, so rather than sell oil to China for cash, would trade for infrastructure.

I hope you get my drift

Wait a minute.. Is Nigeria being referred by the Chinese as Africa?
Anyway, this new collaboration thing sounds appealing. God will help us. God bless Nigeria. God bless all of us.

AZeD1:

I don't mean give them for life, you can quantify how much an oil block would give you in a year, so rather than sell oil to China for cash, would trade for infrastructure.

I hope you get my drift

I get your drift. I just worry that every time we 'request' for infrastructure, we provide jobs for other citizens. Right now, there's an 18-year old German engineer building a private plane our GO's and business men are praying for.

just4kelvin:
for the good of us all, I really hope they do. #onenaija

That's if thier next door neighbour don't reduce their price cos apparently it cost them just $18-20 to produce one barrel of Oil.

braine:
We should trade by barter. Our oil in exchange for trains and road infrastructures. Enough is enough of money entering the pockets of a few individuals.

'Agreeded'.

sonOfLucifer:

I get your drift. I just worry that every time we 'request' for infrastructure, we provide jobs for other citizens. Right now, there's an 18-year old German engineer building a private plane our GO's and business men are praying for.

Well who do we blame govt I know but some times out youths do not want to upgrade.

sonOfLucifer:

I get your drift. I just worry that every time we 'request' for infrastructure, we provide jobs for other citizens. Right now, there's an 18-year old German engineer building a private plane our GO's and business men are praying for.

But right now, we are stuck with the chicken and egg problem, We need infrastructure, which cost money that might be stolen. We can't get into serious manufacturing without power, we need money to get power, we don't really have money........

We just need to get the basics right and hopefully we can push on from there as a country.

jaymichael:
Maddam Oby, what do you produce that China will import? save for raw materials and extractive goods which we also need right now to tap into to kick start our manufacturing industry.

We have been struggling to find buyers for our crude oil

braine:
We should trade by barter. Our oil in exchange for trains and road infrastructures. Enough is enough of money entering the pockets of a few individuals.

I feel your concern, but that could be even more dangerous, the question of who get to determine the value of objects being traded, one side with superior capability to acquire information on the other side will negotiate based on how desperate the other side need what they have to offer and not the other way round, that way they rig the trade relation permanently, making sure you're always in need of their services. (West's style)
I say we deal with leakages/curruption, and get cash for our products, then shop freely. That's more or less the current plan.

braine:
We should trade by barter. Our oil in exchange for trains and road infrastructures. Enough is enough of money entering the pockets of a few individuals.

remove E from your Monika, you ve got the rest.

Oil as usual. Cocoa and others where are they. No wonder they can never leave ND region.