Doyin2:


The earlier you see Dangote plc as a Nigerian project,and not a northern Nigeria project,the better for your life.

Only then can you appreciate that the total loan Nigeria is receiving for projects is actually $8billion ($2b for industrial projects) and (6billion for infrastructural projects)

Now, who else could be most trusted with a $2billion industrial loan facility in Nigeria of today,other than the richest,most successful and result oriented industrialist in Africa

It is rather unfortunate that your grouch is even against one of Nigeria's most de-tribalised industrialist.Are you aware that one of the projects(Cement factory) is going to be sited in Edo State?


SMH.

signature2012:


I can see we are on same page with this

issue,to me the same thing that happened to the dollar against Naira will also happen to the yuan against Naira soon.

Our level of importation has been so high before now and with this development it will aggravate it more,making us more dependent on imported goods which will surely affect our exportation strength.

Our local manufacturers will suffer it more except the govt will restrict some items not to be imported.

I await CBN approach on this,if it will still be the same old way whereby you have the CBN rate and BLACK MARKET rate for dollars,hope same won't be applicable to the yuan.

Seun:
I have no problem with trade deals, but anyone who thinks this will strengthen the naira is confused. The only thing that will strengthen the naira sustainably is if we export more (or if the price of oil recovers). Our honourable president's well intentioned voodoo economics didn't work the last time and won't work this time either. He needs to listen to mainstream economists and follow their recommendations. Economics works.

signature2012:


I can see we are on same page with this

issue,to me the same thing that happened to the dollar against Naira will also happen to the yuan against Naira soon.

Our level of importation has been so high before now and with this development it will aggravate it more,making us more dependent on imported goods which will surely affect our exportation strength.

Our local manufacturers will suffer it more except the govt will restrict some items not to be imported.

I await CBN approach on this,if it will still be the same old way whereby you have the CBN rate and BLACK MARKET rate for dollars,hope same won't be applicable to the yuan.

noeloge82:
Pls u can meet farmers on the street and confirm that in the last Administration their was 70% increase in food production cos farmers were provided with farm input, seeds, DOC, fingerlings n chemical fertilizers etc if this govt can still follow that line in the next few yrs we will start exporting agricultural produce to Mongolia

MrTeCO:





And what will you say of all the North intended plans included in the 2016 budget ?? Check well n u'll that Buhari x getting the North ready for Nigeria's demarcation....hv u asked y he's spending billions in the Northern sides to get oil....why didn't they Remove the Kaduna rail project 4rm the budget as they did to the embattled Calabar rail project. Am not a tribalist but check well what's going on in the country and u'll see that this govt is all about the North even b4 now. Its just that Buhari is completing the final works.




N wait bro, is Dangote the only industrialist in the country...the CBN has already giving him a loan for the Tomato plant he built. Which other tribe industrialist have they helped even in the midst of this country's current economic condition. Plssss plssss let's all not forget that this govt is trying hard to suppress other tribes from gaining more grounds economically. If u wana knw hw deep this country has gone to do that then go n ask any big Igbo industrialist the last time he imported goods into the country or u do a background check on how many tribes do importation business in the country more than the Southerners. See am not saying that the loan is bad but don't tell me that the loan given to Dangote was for Nigeria@large. It was for Dangote alone n Buhari help secured dat 4 him.


P.S...have never seen a situation where another country lends money to an industrialist from another country. Check very well n if u see, just lemme knw n I'll delete my prv Comment. Thanks.

nosingwa:


[/b]This boy,[b]Na story you dey find.
Didn't you read the post? 70% of oversea imports are from China, this deal does not increase or reduce our import, it just lets us pay directly in the Chinese yuan instead of the USD. What is there you don't understand?

aresa:
[b][/b]



I was expecting something coherent and intelligent argument and not your meaningless, shallow ans empty rant..

Seun:

Professor Soludo. Emir Sanusi Lamido Sanusi. Any Nigerian economist who is respected abroad. They are largely in agreement.


First of all, here's a list of 6 economists who predicted the meltdown: interblack.com.

Having said that, you seem to misunderstand the predictive role of Economics. Economics cannot predict exactly what will happen in the future because that depends on the policies politicians chose to implement, but it can predict what will happen if they implement particular policies.


Yes, it drove Russia into recession, [url=http://chinadigitaltimes.net/2008/09/beijing%E2%80%99s-burden-a-slowing-china-bodes-ill-for-the-world-economy/]slowed China's growth[/url], and strangled India's stock market.

DaBullIT:
Another win for Certificateless , gworo chewing Daura President



I never regretted voting for Buhari


Do you ?

Buhari is Awesome !!!!!!!!!!!!!!!!!!!!!

omenka tonyebarcanista , seun , lalasticlala

Anticorruption:


another scam